Green Plains CEO Todd Becker departs; executive committee named, cost savings targets reaffirmed

Green Plains Inc.

Todd Becker steps down as President, CEO, and board member effective March 1, 2025; severance of $2.04M plus accelerated vesting.
Executive committee of four senior officers to lead until successor found; Mapes designated interim principal executive officer.
Board realized $30M in annualized cost reductions and targets at least $20M more in additional savings.
Patrich Simpkins appointed CEO of Fluid Quip Technologies, a majority-owned subsidiary.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Todd Becker

President and Chief Executive Officer and member of the Board of Directors

GPRE · Green Plains Inc.

Effective: 2025-03-01
Filed: February 28, 2025, 6:59 PM ET

On February 28, 2025, the Board of Directors of Green Plains Inc. (the “Company”) announced by press release the departure of Todd Becker as President and Chief Executive Officer and member of the Board of Directors (the “Board”) of the Company, effective March 1, 2025.

Appointed (interim)

Michelle Mapes

interim principal executive officer

GPRE · Green Plains Inc.

Effective: 2025-03-01
Filed: February 28, 2025, 6:59 PM ET

The Board designated Ms. Mapes as interim principal executive officer, effective as of March 1, 2025, for purposes of the rules and regulations of the Securities Exchange Commission.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Becker departed as President and Chief Executive Officer and member of the Board of Directors at Green Plains Inc..

Action: departed
Role: President and Chief Executive Officer and member of the Board of Directors

Exact text from the filing

On February 28, 2025, the Board of Directors of Green Plains Inc. (the “Company”) announced by press release the departure of Todd Becker as President and Chief Executive Officer and member of the Board of Directors (the “Board”) of the Company, effective March 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michelle Mapes was appointed as interim principal executive officer at Green Plains Inc..

Action: designated
Role: interim principal executive officer

Exact text from the filing

The Board designated Ms. Mapes as interim principal executive officer, effective as of March 1, 2025, for purposes of the rules and regulations of the Securities Exchange Commission.

View on SEC.gov

Green Plains Inc. filing history →

Source: SEC EDGAR

accession 0001309402-25-000018

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