SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (NASDAQ:LMNR), a leading agribusiness with prime agricultural land and operations, real estate and water rights in California, announced today that Mark Palamountain has been appointed to Director of Business Development and Business Integration.

“We are thrilled to have Mark lead our business development efforts as we look for new opportunities to drive growth and deliver shareholder value”

Mr. Palamountain previously served as Limoneira’s Director of Energy, Waste and Water projects and was instrumental in the development of Limoneira’s solar installation, one of the largest private solar facilities in California. Prior to joining Limoneira in 2011, Palamountain co-founded Perpetual Power, a renewable energy company with annual revenues of more than $20M. He has also held senior positions at Broadpoint Securites, Thomas Weisel Partners, and JP Morgan Chase.

“We are very pleased to announce that Mark is moving to the newly created position of Director of Business Development and Business Integration,” said Alex Teague, Senior Vice President of Limoneira. “Mark’s financial background and acumen will be vital to our growth as we explore and implement new business units and opportunities across all of our business segments.”

“We are thrilled to have Mark lead our business development efforts as we look for new opportunities to drive growth and deliver shareholder value,” said Harold Edwards, CEO of Limoneira. “Mark has a proven track record of success and we are confident in his ability to identify, pursue and integrate new business units, revenue streams and growth opportunities into our business model.”

About Limoneira:

Limoneira Company, a 120-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (pronounced lē mon΄âra), is a dedicated sustainability company with approximately 8,000 acres of rich agricultural lands, real estate properties and water rights in California. The Company is a leading producer of lemons, avocados, oranges, specialty citrus and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.