Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(b) Green Plains Inc. (the "Company") announced today that Mr. George P.
(Patrich) Simpkins transitioned to Chief Transformation Officer for Green Plains
Inc., from Chief Financial Officer of the Company and Green Plains Partners LP
("Green Plains Partners") effective October 1, 2022.
(c) Mr. James Stark will be appointed as Chief Financial Officer of the Company
and Green Plains Partners effective October 1, 2022. Mr. Stark rejoined Green
Plains in January 2022 after serving as Vice President, Investor Relations at
Darling Ingredients Inc. since 2019. Prior to that, Mr. Stark was Vice President
Investor and Media Relations at Green Plains for over 10 years. Mr. Stark has
over 30 years of senior management experience in corporate communications,
finance and logistical management. Mr. Stark has a Master's degree in Business
Administration from the University of Phoenix and a Bachelor of Science degree
in Economics from the University of Texas.
Mr. Stark 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. Stark
has, or will have, a material interest subject to disclosure under Item 404(a)
of Regulation S-K. Mr. Stark was not chosen to succeed Mr. Simpkins as the
Company's Chief Financial Officer pursuant to any arrangement or understanding
with any other person.
The Company also announced that Mr. Simpkins is now Chief Transformation Officer
of the Company effective October 1, 2022. Mr. Simpkins most recently served as
Chief Financial Officer of the Company and Green Plains Partners, a position he
has held since May 2019. Prior to that, Mr. Simpkins served the Company as its
Chief Development Officer since 2014 and its Chief Risk Officer from October
2014 through August 2016. Prior to joining Green Plains in May 2012 as Executive
Vice President - Finance and Treasurer, Mr. Simpkins was Managing Partner of GPS
Capital Partners, LLC, a capital advisory firm serving global energy and
commodity clients and has served in other senior management roles at various
companies including TXU Corporation, Duke Energy and Louis Dreyfus Energy. Mr.
Simpkins has a Bachelor of Business Administration degree in Economics and
Marketing from the University of Kentucky.
Mr. Simpkins 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.
Simpkins has, or will have, a material interest subject to disclosure under Item
404(a) of Regulation S-K. Mr. Simpkins was not chosen as Chief Transformation
Officer pursuant to any arrangement or understanding with any other person.
Item 7.01. Regulation FD Disclosure.
On September 22, 2022, the Company issued a press release announcing this
transition, which is included as Exhibit 99.1 and incorporate herein by
reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed as part of this report.
Exhibit No. Description of Exhibit
99 .1 Press Release, dated September 22, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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