04:52 AM EDT, 03/21/2024 (MT Newswires) -- Tejon Ranch ( TRC ) said Gregory Bielli, its president and chief executive officer, intends to retire on Dec. 31 following an over 10-year stint in the twin roles.

The company said late Wednesday that Bielli will remain on the board after retirement.

Bielli will also serve as a senior adviser to the company through 2025, supporting a transition for the new president and CEO.