GREEN PLAINS INC. (NASDAQ:GPRE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(b)On November 30, 2018, Green Plains Inc. (the “Company”) accepted Jeff Briggs’ resignation as chief operating officer and president, Green Plains ethanol for both the Company and Green Plains Partners LP effective December 31, 2018, to pursue other opportunities. In addition, Mr. Briggs resigned as a director of Green Plains Holding LLC, the general partner of Green Plains Partners LP. Mr. Briggs’ resignation was not because of any disagreement with the Company. Mr. Briggs’ responsibilities will be allocated among other officers and employees of the Company.
About GREEN PLAINS INC. (NASDAQ:GPRE)
Green Plains Inc. (Green Plains) is a vertically integrated producer, marketer and distributor of ethanol. The Company operates through four segments: Ethanol Production, Agribusiness, Marketing and Distribution, and Partnership. The Company’s ethanol production segment is engaged in the production of ethanol and related distillers grain. Its ethanol production segment includes over 10 ethanol plants in Indiana, Iowa, Michigan, Minnesota, Nebraska, Tennessee, Texas and Virginia. The Company owns and operates grain handling and storage assets through its agribusiness segment. The Company’s marketing and distribution segment is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. The Company’s partnership segment provides fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.
