Summary of ALICO INC - Yahoo! Finance

Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statemen

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On October 30, 2009 the Company's Board of Directors appointed JD Alexander as Vice-Chairman of the Board of Directors. Per the Company's By-laws, the Vice-Chairman will act as Chairman in the Chairman's absence. Additionally the Board formed an Executive Committee empowered to act on behalf of the Board to the full extent permitted by law for the purpose of directing operational management and policies of the Corporation and to take such further action when in the judgment of the Committee, such directives and actions are needed promptly, serve the best interests of the Corporation and it is not practical or consequential enough to convene a full Board meeting or when action is needed before the next regularly scheduled Board meeting.

The Committee consists of five directors, two of whom shall be the Chairman and Vice-Chairman of the Board. The Committee members are: JD Alexander, Chairman of the Committee and Vice-Chairman of the Board; John R. Alexander, Chairman of the Board; Ramon Rodriguez;; John Rood and Gordon Walker. Robert J. Viguet will serve as an alternate member of the Committee. The Board of Directors will review the actions taken by the Committee at its regularly scheduled meetings and may ratify, modify or rescind such actions taken by the Committee. A copy of the Executive Committee charter is attached as exhibit 99.2 to this filing.

ITEM 7.01 REGULATION FD DISCLOSURE

On November 3, 2009 the Company announced that it had set December 30, 2009, as the record date for shareholders eligible to vote at the Company's annual meeting which will be held at 10:00 a.m. on February 19, 2010. The annual meeting will be held in the Alico Arena at Florida Gulf Coast University, 10501 FGCU Blvd. S., Fort Myers, FL 33965-6565.