secwatch.observer — SEC 8-K summary
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Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001309402-25-000018
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940225000018/0001309402-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940225000018/gpre-20250228.htm
  HTML page:      https://secwatch.observer/filing/0001309402-25-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer