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Green Plains Appoints Phil Boggs as Chief Financial Officer, Jim Stark to Retire From Green Plains

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Green Plains Inc (NASDAQ:GPRE) announced a planned CFO transition, with Phil Boggs, current EVP of Investor Relations & Finance, succeeding Jim Stark effective November 1, 2024. Stark will retire by year-end after serving as CFO since 2022. Boggs, who joined the company in 2009, has held various roles including Treasury and Investor Relations positions. The transition is part of a predetermined succession plan, with Stark having prepared Boggs for the CFO role. CEO Todd Becker expressed confidence in Boggs' experience and leadership capabilities to guide the company's finance organization forward.

Green Plains Inc (NASDAQ:GPRE) ha annunciato un piano di transizione per il CFO, con Phil Boggs, attuale EVP delle Relazioni con gli Investitori e Finanza, che succederà a Jim Stark a partire dal 1 novembre 2024. Stark andrà in pensione entro la fine dell'anno dopo aver ricoperto il ruolo di CFO dal 2022. Boggs, che è entrato nell'azienda nel 2009, ha ricoperto vari ruoli, tra cui quelli nel Tesoro e nelle Relazioni con gli Investitori. La transizione fa parte di un piano di successione prestabilito, con Stark che ha preparato Boggs per il ruolo di CFO. Il CEO Todd Becker ha espresso fiducia nell'esperienza e nelle capacità di leadership di Boggs per guidare l'organizzazione finanziaria dell'azienda verso il futuro.

Green Plains Inc (NASDAQ:GPRE) anunció una transición planificada para el CFO, con Phil Boggs, actual EVP de Relaciones con Inversores y Finanzas, sucediendo a Jim Stark a partir del 1 de noviembre de 2024. Stark se retirará a finales de año tras haber sido CFO desde 2022. Boggs, quien se unió a la empresa en 2009, ha ocupado varios roles, incluidos puestos en Tesorería y Relaciones con Inversores. La transición es parte de un plan de sucesión preestablecido, con Stark habiendo preparado a Boggs para el rol de CFO. El CEO Todd Becker expresó confianza en la experiencia y las capacidades de liderazgo de Boggs para guiar la organización financiera de la empresa hacia adelante.

그린 평원 Inc (NASDAQ:GPRE)는 CFO 전환 계획을 발표했으며, 필 보그스가 현재 투자자 관계 및 재무의 EVP에서 짐 스타크를 2024년 11월 1일부터 이어받게 됩니다. 스타크는 2022년부터 CFO로 일해온 후 연말에 은퇴할 예정입니다. 보그스는 2009년에 회사에 입사하였으며, 재무 및 투자자 관계 역할을 포함하여 여러 직책을 역임하였습니다. 이번 전환은 미리 정해진 승계 계획의 일환이며, 스타크는 보그스를 CFO 역할에 준비시켰습니다. CEO인 토드 베커는 보그스의 경험과 리더십 능력에 대한 신뢰를 나타내어 회사의 재무 조직을 앞으로 이끌어갈 것이라 기대하고 있습니다.

Green Plains Inc (NASDAQ:GPRE) a annoncé une transition prévue pour le CFO, avec Phil Boggs, actuel EVP des Relations Investisseurs et Finances, succédant à Jim Stark à compter du 1er novembre 2024. Stark prendra sa retraite d'ici la fin de l'année après avoir été CFO depuis 2022. Boggs, qui a rejoint l'entreprise en 2009, a occupé divers rôles, y compris des postes en Trésorerie et en Relations Investisseurs. La transition fait partie d'un plan de succession préétabli, Stark ayant préparé Boggs pour le poste de CFO. Le PDG Todd Becker a exprimé sa confiance dans l'expérience et les compétences de leadership de Boggs pour orienter l'organisation financière de l'entreprise vers l'avenir.

Green Plains Inc (NASDAQ:GPRE) hat einen geplanten CFO-Wechsel angekündigt, wobei Phil Boggs, der derzeitige EVP für Investor Relations und Finanzen, ab dem 1. November 2024 Jim Stark nachfolgen wird. Stark wird Ende des Jahres in den Ruhestand gehen, nachdem er seit 2022 als CFO tätig war. Boggs, der 2009 in das Unternehmen eintrat, hat verschiedene Positionen innegehabt, darunter im Treasury und in den Investor Relations. Der Wechsel ist Teil eines vorgeplanten Nachfolgeplans, bei dem Stark Boggs auf die CFO-Rolle vorbereitet hat. CEO Todd Becker drückte sein Vertrauen in Boggs' Erfahrung und Führungsfähigkeiten aus, um die Finanzorganisation des Unternehmens gemeinsam voranzubringen.

Positive
  • Planned and orderly CFO succession indicates strong corporate governance
  • New CFO Phil Boggs brings 15 years of company experience across multiple financial roles
  • Company reported to be in strong financial and strategic position
Negative
  • None.

OMAHA, Neb.--(BUSINESS WIRE)-- Green Plains Inc. (NASDAQ:GPRE) today announced that Phil Boggs, EVP Investor Relations & Finance will take over as Chief Financial Officer of Green Plains effective Nov 1, 2024. Jim Stark will retire from Green Plains by the end of the year.

“As part of a predetermined succession planning, Jim became CFO in 2022 with the intent to prepare Phil to take over the position when Jim was ready to retire from Green Plains,” said Todd Becker, President and Chief Executive Officer of Green Plains. “Jim has been an integral part of the leadership team for many years, having served in investor and media relations from 2009 to 2019 and then rejoining the company in 2022. We appreciate Jim’s numerous contributions and leadership over the years and wish him well.”

“Returning for a second time to work at Green Plains has been a great experience for me and I’m grateful for the opportunity to have led the development of the team and the company during that time,” said Jim Stark. “It has been an honor to work with this great group of people who are more than ready to lead. The company is in great financial and strategic shape and I was pleased to have Phil take over for me as I have decided to pursue opportunities outside of public markets in smaller private businesses that more closely match my desire to spend more time with my family and grandchildren.”

Phil Boggs has served in multiple areas of increasing responsibilities since joining the company in 2009, most recently as head of investor relations since 2019 and Treasurer from 2014 to 2021. He will lead all aspects of finance, accounting and investor relations.

“I am excited to announce Phil Boggs’ promotion to CFO,” stated Becker. “His deep experience with the company through his various roles in FP&A and Treasury and having worked on our capital markets transactions and debt issuances have prepared him well for this opportunity. Since leading Investor Relations, he has developed the relationships and credibility with our stakeholders to pick up where Jim left off. He has the experience, leadership, respect of the team and necessary skillset to lead our Finance organization through our next chapter.”

About Green Plains Inc.

Green Plains Inc. (NASDAQ:GPRE) is a leading biorefining company focused on the development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. This includes the production of cleaner low carbon biofuels and renewable feedstocks for advanced biofuels. Green Plains is an innovative producer of Sequence™ and novel ingredients for animal and aquaculture diets to help satisfy a growing global appetite for sustainable protein. For more information, visit www.gpreinc.com.

Green Plains Inc. Contact

Investors & Media: Devin Mogler | SVP, Corporate and Investor Relations | 402.884.8700 | devin.mogler@gpreinc.com

Source: Green Plains Inc.

FAQ

When will Phil Boggs become CFO of Green Plains (GPRE)?

Phil Boggs will become CFO of Green Plains (GPRE) effective November 1, 2024.

Who is retiring as CFO from Green Plains (GPRE)?

Jim Stark is retiring as CFO from Green Plains (GPRE) by the end of 2024.

What positions has Phil Boggs held at Green Plains (GPRE)?

Phil Boggs has served as EVP Investor Relations & Finance, head of investor relations since 2019, and Treasurer from 2014 to 2021 since joining the company in 2009.

When did Jim Stark become CFO of Green Plains (GPRE)?

Jim Stark became CFO of Green Plains (GPRE) in 2022.

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