Green Plains Announces Governance Updates
August 27 2021 - 9:00AM
Green Plains Inc. (NASDAQ: GPRE) today announced updates to its
board of directors as part of an ongoing board refreshment
initiative. After seven years of service, Gene Edwards is retiring
from the board of directors.
“I want to thank Gene for his dedicated service in advancing the
company’s goals and for his support of this important refreshment
initiative,” said Wayne Hoovestol, chairman of the board of Green
Plains Inc. “Our ongoing board refreshment process addressing
diversity, tenure and perspective is imperative for the long-term
success of our company.”
The company has retained Korn Ferry to lead the search for
qualified, diverse candidates to fulfill its previously announced
commitment to add further diversity to the board prior to the 2022
annual meeting. Also, as described in the company’s Form 8-K filed
July 26, 2021, the company intends to reduce the size of its board
to eight members by the 2023 annual shareholders meeting.
As part of the refreshment initiative, the board of directors
has also rotated the leadership and adjusted the composition of its
key committees. Green Plains previously announced that its newest
director, Martin Salinas, Jr., would serve as audit committee
chair. In addition, the company announced today that Kim Wagner was
named chairperson for the Nominating and Governance Committee and
was appointed to the Audit Committee, and Brian Peterson was named
chairperson for the Compensation Committee.
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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