Stine Retires as Tejon Ranch Leader
TEJON RANCH, CA-Robert A. Stine will retire as president and CEO of the Tejon Ranch Co. at the end of this year. The announcement came today at the company’s annual shareholders meeting.
Tejon Ranch is a 270,000-acre working ranch and is the largest contiguous piece of private property in the state. It is located 60 miles north of Los Angeles and 30 miles south of Bakersfield. Tejon Ranch Co. is listed on the New York Stock Exchange and the board anticipates having Stine’s replacement selected well before his anticipated departure date.
Stine oversaw the transformation of the sprawling Tejon Ranch during his 17 years there, taking a business that was largely a cattle grazing and farming company and developing it into a multi-pronged venture with stakes in industrial, retail, residential housing and agribusiness.