Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(b) Green Plains Partners LP ("Green Plains Partners") announced today that Mr.
George P. (Patrich) Simpkins transitioned to Chief Transformation Officer for
Green Plains Partners and Green Plains Inc., from Chief Financial Officer of
Green Plains Partners and Green Plains Inc. effective October 1, 2022.
(c) Mr. James Stark will be appointed as Chief Financial Officer of Green Plains
Partners and Green Plains Inc. 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 Green Plains Partners, and there are no transactions or proposed
transactions to which Green Plains Partners 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 Green Plains Partners' Chief Financial Officer
pursuant to any arrangement or understanding with any other person.
Green Plains Partners also announced that Mr. Simpkins is now Chief
Transformation Officer of Green Plains Partners and Green Plains Inc. effective
October 1, 2022. Mr. Simpkins most recently served as Chief Financial Officer of
Green Plains Partners and Green Plains Inc., a position he has held since May
2019. Prior to that, Mr. Simpkins served Green Plains Inc. 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 Green Plains Partners, and there are no transactions or proposed
transactions to which Green Plains Partners 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.
As officers of Green Plains Partners and Green Plains Inc., all compensation
payable to Mr. Stark and Mr. Simpkins will continue to be paid by Green Plains
Inc.
Item 7.01. Regulation FD Disclosure.
On September 22, 2022, Green Plains Partners and Green Plains Inc. issued a
press release announcing this transition, which is included as Exhibit 99.1 and
incorporated 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)
2
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses