Business Context and Reporting Period
This Form 8-K filing by Green Plains Renewable Energy, Inc. covers events occurring on March 10, 2009, with the report dated March 12, 2009. The filing addresses corporate governance changes, specifically the amendment of bylaws and the appointment of a new director.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and does not contain financial performance data.
Material Changes
- Bylaw Amendment: The Board of Directors adopted a First Amendment to the Amended and Restated Bylaws on March 10, 2009. This amendment increased the maximum number of directors from nine to ten.
- Director Appointment: Todd A. Becker was appointed to the Board of Directors to fill the newly created position resulting from the bylaw amendment.
Guidance, Outlook, and Management Commentary
Management commentary is limited to the details of the governance changes. Mr. Becker, an employee of the company, will not receive additional compensation for his service as a director and will not serve on any board committees. The filing does not contain financial guidance, outlook, risk factors, or contingencies.
Key Facts for Investor Verification
- Verify the effective date of the bylaw amendment (March 10, 2009) and the new maximum board size (ten directors).
- Confirm the appointment of Todd A. Becker and his status as an uncompensated employee-director.
- Note that this filing contains no financial data; investors should refer to recent 10-K or 10-Q filings for financial performance.