Green Plains Renewable Energy, Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Green Plains Renewable Energy, Inc. on November 6, 2009, covering events that occurred on November 3, 2009. The filing addresses changes in the company's executive leadership structure.
Key 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 and personnel changes rather than financial performance.
Material Changes
- Departure of Officer: Wayne Hoovestol resigned from his position as Chief Strategy Officer effective November 3, 2009. He will continue to serve as Chairman of the Board of Directors and is expected to provide ongoing consulting services on terms to be negotiated.
- Appointment of Officer: Michelle Mapes was appointed as Executive Vice President, General Counsel, and Corporate Secretary, effective immediately on November 3, 2009. Ms. Mapes had previously joined the company in September 2009 as General Counsel.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding financial guidance, future outlook, specific risks, contingencies, or unusual items. The document serves solely to disclose the aforementioned personnel transitions.
Key Facts for Investor Verification
- Confirm the terms of the ongoing consulting arrangement for Wayne Hoovestol, which are subject to future negotiation.
- Verify the effective date of Michelle Mapes' promotion to Executive Vice President and her expanded responsibilities.
- Review the attached news release (Exhibit 99.1) for additional context on the leadership transition.