Business Context and Reporting Period
This Form 8-K is a current report filed by BioFuel Energy Corp. on July 15, 2010. The filing reports a corporate governance event regarding the Board of Directors. Note: The request metadata references "Green Brick Partners, Inc.," but the source document explicitly identifies the registrant as BioFuel Energy Corp.
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 personnel changes and does not contain financial statements or operational metrics.
Material Changes
The material change reported is the election of a new independent director:
- Ernest J. Sampias was elected to the Board of Directors on July 15, 2010.
- Mr. Sampias will serve as the Chairman of the Audit Committee.
- He will be compensated as a non-employee director in accordance with the Company's policy.
Management Commentary and Background
Management highlights Mr. Sampias's extensive financial and leadership background:
- Recent Experience: Chief Financial Officer (CFO) for Sensis Pty Ltd (2007–2009).
- Prior Experience: CFO roles at SpectraLink Corporation, McData Corporation, US West Dex, Local Matters, Inc., and Convergent Communications.
- Current Board Service: Director of Xyratex Ltd.
- Education/Certifications: B.S. in Business (Indiana University), M.S. in Taxation (DePaul University), Certified Public Accountant (CPA).
Item 9.01 indicates that no financial statements or exhibits were included with this filing.
Investor Verification Checklist
- Verify the registrant name is BioFuel Energy Corp., not Green Brick Partners, Inc.
- Confirm Ernest J. Sampias's appointment to the Board and Audit Committee Chairmanship.
- Review the Company's Director compensation policy to understand the financial implications of this appointment.
- Check subsequent filings for any financial data, as this 8-K contains none.