---
title: "ALICO extends John Kiernan employment, grants performance-based RSUs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293074754.md"
description: "ALICO extended CEO John Kiernan's employment through September 30, 2030, effective July 14, 2026. The updated agreement includes a starting base salary of $550,000, increasing annually to $650,000, along with bonus eligibility and performance-based restricted stock units."
datetime: "2026-07-17T21:03:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293074754.md)
  - [en](https://longbridge.com/en/news/293074754.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293074754.md)
generator: "portal-rs"
---

# ALICO extends John Kiernan employment, grants performance-based RSUs

**ALICO extended John Kiernan's employment through September 30, 2030 and granted performance-based restricted stock units and updated compensation terms, effective July 14, 2026.**

**Individual**

John Kiernan

**Role**

President and Chief Executive Officer

**Type of Change**

Employment agreement amended/extended; equity award granted

**Effective Date**

July 14, 2026

**Reason**

Not disclosed

**Replacement Info**

Not disclosed

**Background Details**

Employment term extended to Sept 30, 2030; base salary $550,000 first year, increasing $25,000 annually to $650,000; eligible for annual discretionary bonus up to $250,000 and real estate incentive bonuses (≥75% cash, up to 25% in performance-based RSUs)

**Board/Committee Role Changes**

Not disclosed

Original SEC Filing: ALICO, INC. \[ ALCO \] - 8-K - Jul. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**