Alico makes Humphrey its CFO

LA BELLE — Alico Inc. (symbol: ALCO) appointed Mark Humphrey as its newest chief financial officer effective June 20.

Humphrey comes to Alico from Compass Management Group LLC, which he also served as chief financial officer, a prepared statement says. He has also served in a similar capacity for Prime Microwave Inc., and Source Interlink Co., which is based in Bonita Springs.

Former Alico CFO Scott Whitney resigned from his position with the company in April, citing personal reasons. Steven Lewis, former CFO for Naples-based WilsonMiller Inc., had been serving as interim officer.

Alico's first quarter revenues were $36.5 million, and its operating income was $4.8 million, up 15% and 205% over the year, respectively. The company's stock is currently trading for just over $24 a share, up roughly 1% in 2011.