Core Viewpoint - Tejon Ranch Company has successfully re-elected the majority of its Board of Directors and welcomed Andrew Dakos, reflecting shareholder confidence in the company's long-term strategy and commitment to maximizing asset value [1][2][4][6]. Group 1: Board Election Results - Tejon Ranch shareholders voted to re-elect Steven Betts, Gregory Bielli, Denise Gammon, Anthony Leggio, Jeffrey McCall, Norman Metcalfe, Eric Speron, Daniel Tisch, and Kenneth Yee, while also electing Andrew Dakos to the Board [1]. - The election results indicate strong support for the existing Board, reaffirming their experience and strategic vision [2][3]. Group 2: Company Strategy and Future Outlook - The company emphasizes its commitment to successful land entitlement and master-planned community development, aiming to unlock the full potential of its assets [2][4]. - Andrew Dakos expressed belief that Tejon Ranch's stock is undervalued and looks forward to collaborating with the Board to enhance shareholder value [6]. Group 3: Company Background - Tejon Ranch Co. is a diversified real estate development and agribusiness company, holding approximately 270,000 acres of land located about 60 miles north of Los Angeles and 30 miles south of Bakersfield [7].