{"id":400049,"date":"2020-12-15T09:18:10","date_gmt":"2020-12-15T14:18:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400049"},"modified":"2020-12-15T09:18:10","modified_gmt":"2020-12-15T14:18:10","slug":"new-director-to-join-tejon-ranch-co-board","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-director-to-join-tejon-ranch-co-board\/","title":{"rendered":"New Director to Join Tejon Ranch Co. Board"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>New Director to Join Tejon Ranch Co. Board<\/b><\/p>\n<p class=\"bwalignc\">\nDirectors vote to add real estate finance and development expert Frawn Morgan\n<\/p>\n<p>TEJON RANCH, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTejon Ranch Co. (NYSE: TRC) today announced the addition of Frawn Morgan to the Board of Directors of Tejon Ranch Co. She will join the Board effective January 1, 2021.\n<\/p>\n<p>\nMs. Morgan is the Managing Member and Chief Executive of LDC Advisors, LLC. She is a real estate development and advisory professional who has been responsible throughout her career for more than $10 billion of assets owned by institutional investors including private equity and public pension funds.\n<\/p>\n<p>\n\u201cWe are very pleased to have Frawn Morgan join our Board of Directors,\u201d said Gregory S. Bielli, president and CEO of Tejon Ranch Co. \u201cShe has extensive experience in all aspects of real estate development, including master planned communities, and we\u2019re confident that she\u2019ll be a tremendous asset for Tejon Ranch Co. as a member of the board.\u201d\n<\/p>\n<p>\nOperating as an independent fiduciary during the Great Recession years of 2008-2014, Ms. Morgan managed a multi-billion-dollar investment portfolio invested in real estate assets including master planned communities under development, active adult\/resort projects, land in various stages of entitlement and planning, and raw land held for future development.\n<\/p>\n<p>\n\u201cI\u2019m honored to be part of the Tejon Ranch Co. Board of Directors,\u201d said Morgan. \u201cIt is easily the most significant real estate asset in California and I look forward to joining with other board members to guide the Company as it unlocks the value inherent in the land for the benefit of its shareholders and stakeholders, while working to preserve the Company\u2019s rich legacy and position in California history.\u201d\n<\/p>\n<p>\nMs. Morgan has multiple masters degrees from the University of Pennsylvania and Northeastern University in Boston, MA, and is in the process of obtaining a Doctor of Education degree in Organizational Leadership from Northeastern. She is a member of the Urban Land Institute\u2019s Women\u2019s Leadership Initiative District Council, the Women\u2019s Housing Leadership Group, and the National Association of Women in Real Estate Businesses.\n<\/p>\n<p>\nIn addition to Morgan, the members of the Tejon Ranch Co. Board of Directors include Board Chairman, Norman J. Metcalfe, and directors Steven A. Betts, Gregory S. Bielli, Jean Fuller, Anthony Leggio, Geoffrey L. Stack, Daniel R. Tisch, and Michael H. Winer.\n<\/p>\n<p><b>About Tejon Ranch Company (NYSE: TRC)<\/b><\/p>\n<p>\nTejon Ranch Company is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. For more information on the company, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tejonranch.com%2F&amp;esheet=52348265&amp;newsitemid=20201215005104&amp;lan=en-US&amp;anchor=www.tejonranch.com&amp;index=1&amp;md5=657b336983e67f50585d9b50b9a348d7\">www.tejonranch.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201215005104r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215005104\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215005104\/en\/<\/a><\/span><\/p>\n<p>\nBarry Zoeller<br \/>\n<br \/>Senior Vice President, Corporate Communications &amp; Investor Relations<br \/>\n<br \/>(661) 663-4212<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:bzoeller@tejonranch.com\">bzoeller@tejonranch.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Agriculture Natural Resources Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>New Director to Join Tejon Ranch Co. Board Directors vote to add real estate finance and development expert Frawn Morgan TEJON RANCH, Calif.&#8211;(BUSINESS WIRE)&#8211; Tejon Ranch Co. (NYSE: TRC) today announced the addition of Frawn Morgan to the Board of Directors of Tejon Ranch Co. She will join the Board effective January 1, 2021. Ms. Morgan is the Managing Member and Chief Executive of LDC Advisors, LLC. She is a real estate development and advisory professional who has been responsible throughout her career for more than $10 billion of assets owned by institutional investors including private equity and public pension funds. \u201cWe are very pleased to have Frawn Morgan join our Board of Directors,\u201d said Gregory S. Bielli, president and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-director-to-join-tejon-ranch-co-board\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Director to Join Tejon Ranch Co. Board&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400049","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Director to Join Tejon Ranch Co. Board - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-director-to-join-tejon-ranch-co-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Director to Join Tejon Ranch Co. Board - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Director to Join Tejon Ranch Co. Board Directors vote to add real estate finance and development expert Frawn Morgan TEJON RANCH, Calif.&#8211;(BUSINESS WIRE)&#8211; Tejon Ranch Co. (NYSE: TRC) today announced the addition of Frawn Morgan to the Board of Directors of Tejon Ranch Co. She will join the Board effective January 1, 2021. Ms. Morgan is the Managing Member and Chief Executive of LDC Advisors, LLC. She is a real estate development and advisory professional who has been responsible throughout her career for more than $10 billion of assets owned by institutional investors including private equity and public pension funds. \u201cWe are very pleased to have Frawn Morgan join our Board of Directors,\u201d said Gregory S. Bielli, president and &hellip; Continue reading &quot;New Director to Join Tejon Ranch Co. 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