Green Plains Inc 8-K, filed Jan 4, 2022
Green Plains Inc. (GPRE)
About this 8-K
Green Plains Inc filed this 8-K on January 4, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(c)Mr. Chris Osowski has been appointed as Executive Vice President, Operations and Technology effective January 10, 2022. In this position, Mr. Osowski will be responsible for leading the operations organization, including safety, environmental and operational performance. He will also be focused on leading innovation and operational excellence initiatives across the organization. Prior to joining Green Plains, Mr. Osowski was Vice President Global Technology at Archer Daniels Midlands Company and has held various roles with increasing responsibility at POET, Renewable Energy Group and Tate & Lyle. Mr. Osowski has a Master of Business Administration degree from Minnesota State University and a Bachelor of Science degree in Agriculture and Biosystems Engineering from North Dakota State University.
Mr. Osowski has no family relationships with any current director or executive officer of the Company, and there are no transactions or proposed transactions to which the Company is a party, or intended to be a party, in which Mr. Osowski has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K. Mr. Osowski was not chosen as the Company’s Executive Vice President, Operations and Technology pursuant to any arrangement or understanding with any other person.
Item 7.01. Regulation FD Disclosure.
Attached as Exhibit 99.1 to this Current Report on Form 8-K is a copy of the Company’s press release dated January 4, 2022. The press release is incorporated by this reference and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed as part of this report.
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99.1 | |
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104 | Cover Page Interactive Data File (embedded within Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: January 4, 2022 |
Green Plains Inc.
By: /s/ Michelle Mapes Michelle Mapes |
Exhibit 99.1
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Green Plains Announces Executive Leadership Appointments
OMAHA, Neb., Jan 4, 2022 (GLOBE NEWSWIRE) Green Plains Inc. (NASDAQ:GPRE) today announced the appointment of three executives to its leadership team. Chris Osowski joins as Executive Vice President, Operations and Technology, Jim Stark joins as Executive Vice President and Anand Sundaresan joins as Senior Vice President.
Chris Osowski, Executive Vice President, Operations and Technology, will be responsible for leading the operations organization, including safety, environmental and operational performance. He will also be focused on leading innovation and operational excellence initiatives across the organization. Prior to joining Green Plains, Mr. Osowski spent nearly a decade with ADM, most recently serving as Vice President, Global Technology where he led strategic capital expenditure planning, coordinated technology centers and implemented new technology. Prior to ADM, Mr. Osowski held various roles at POET, Renewable Energy Group and Tate & Lyle.
“With a strong operations background developed across both dry and wet milling organizations over the course of his career, Chris is ideally suited to lead our operations team,” said Todd Becker, President and Chief Executive Officer of Green Plains. “As an operations leader, his extensive experience in translating innovation into production will be a key asset as we execute on our vision to be a leader in sustainable ag tech. We are attracting world-class talent and we are well positioned to deliver on our transformation.”
Jim Stark, Executive Vice President, will help drive tactical execution of key initiatives that underpin our strategic transformation to the biorefinery platform of the future. Prior to rejoining Green Plains, Mr. Stark was Vice President, Investor Relations at Darling Ingredients. Prior to that role, he led Investor Relations at Green Plains for over 10 years, where he was involved in numerous strategic initiatives that spanned the organization.
“We are thrilled for the return of Jim to help continue our transformation,” added Becker. “He was previously an integral part of our leadership team and his return further validates our strategy and transformation plan.”
Anand Sundaresan, Senior Vice President, will focus on marketing, strategic customer relationships and product innovation. Mr. Sundaresan was most recently Vice President, Human Health and Nutrition, Asia Pacific with Royal DSM. Prior to that, he held a number of roles at The Dow Chemical Company leading several business units with increasing responsibility in foods, glycols and polyols.
“Anand’s expertise in ingredients, nutrition and chemicals as well as his energizing leadership will serve Green Plains well as we accelerate our innovation and commercial development across proteins, oils and sugars,” said Becker.
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. Contacts
Investors: Phil Boggs | Executive Vice President, Investor Relations | 402.884.8700 | phil.boggs@gpreinc.com
Media: Lisa Gibson | Communications Manager | 402.952.4971 | lisa.gibson@gpreinc.com
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