Green Plains Announces Changes to its Board of Directors
July 26 2021 - 4:15PM
Green Plains Inc. (NASDAQ:GPRE) today announced changes to its
board of directors as part of a board refreshment and diversity
initiative which includes reducing the size of its board and a
focus on increasing diversity. James Crowley announced his
retirement from the board on July 23, 2021. On July 26, 2021, Tom
Manuel announced his retirement from the board, and Gordon Glade
announced his resignation from the board. In conjunction with these
changes, the board of directors appointed Martin Salinas, Jr. to
the board and elected him to serve as its audit committee chair.
Mr. Salinas concurrently resigned from the board of directors of
Green Plains Holdings LLC.
“I want to thank each of our departing board members for working
tirelessly in advancing the company’s goals and for their support
of greater diversity on the board,” said Wayne Hoovestol, chairman
of the board of Green Plains Inc. “We are very pleased to welcome
Martin to the board of directors. He brings a strong financial
background and tremendous industry experience that will help us as
we continue to execute on our transformation plan.”
Mr. Salinas, who served as a member of the audit committee of
Green Plains Holdings LLC since July 2018, brings a wealth of
financial experience, having most recently served as chief
financial officer of Energy Transfer Partners, LP.
“As we continue to focus on innovation and our overall
transformation, these changes in the board help facilitate our
desire to deliver value to our shareholders and meet our objectives
for a more diverse and inclusive board,” said Todd Becker,
president and chief executive officer of Green Plains Inc.
About Green Plains Inc.Green Plains Inc.
(NASDAQ:GPRE) is a leading biorefining company focused on the
development and utilization of fermentation, agricultural and
biological technologies in the processing of annually renewable
crops into sustainable value-added ingredients. This includes the
production of cleaner low carbon biofuels, renewable feedstocks for
advanced biofuels and high purity alcohols for use in cleaners and
disinfectants. Green Plains is an innovative producer of Ultra-High
Protein and novel ingredients for animal and aquaculture diets to
help satisfy a growing global appetite for sustainable protein. The
Company also owns a 48.9% limited partner interest and a 2.0%
general partner interest in Green Plains Partners LP. For more
information, visit www.gpreinc.com.
Green Plains Inc.
ContactsInvestors: Phil Boggs | Senior
Vice President, Investor Relations | 402.884.8700 |
phil.boggs@gpreinc.comMedia: Lisa Gibson |
Communications Manager | 402.952.4971 | lisa.gibson@gpreinc.com
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