An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Renewable Energy Group Announces Additions to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Renewable Energy Group (NASDAQ: REGI) announced the appointment of two new board members, Dylan Glenn and Niharika Taskar Ramdev, during the board meeting on November 9. Glenn, a senior executive at Eldridge Industries, and Ramdev, a former General Motors executive with extensive finance experience, are expected to guide REGI's growth strategy and sustainability initiatives. Glenn will serve as a Class II Director until the 2022 annual meeting, while Ramdev will serve as a Class III Director until the 2023 annual meeting.
Positive
Appointment of experienced board members with relevant backgrounds and skills.
Dylan Glenn's diverse executive experience may enhance strategic decision-making.
Possible concerns regarding continuity and potential experience gaps in leadership.
AMES, Iowa--(BUSINESS WIRE)--
Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that two new Board members have been appointed to the company’s Board of Directors.
Renewable Energy Group (Nasdaq: REGI) announces new board members, Mr. Dylan Glenn and Ms. Niharika Taskar Ramdev. (Photo: Business Wire)
Joining the Board are Mr. Dylan Glenn, Senior Executive at Eldridge Industries, and Ms. Niharika Taskar Ramdev, a former General Motors Executive. Both were appointed at the company’s November 9th board meeting.
“We are thrilled to add Dylan and Niharika to our board. As the company advances its growth strategy, diversifying our board will continue to guide the company’s mission of delivering sustainable solutions and leading the way in the energy transition,” said Jeff Stroburg, Chairman of the Board. “Dylan and Niharika both bring impressive backgrounds and relative experience to REG’s areas of growth.”
Dylan Glenn is a senior executive at Eldridge Industries, a diversified holding company based in Greenwich, Connecticut. Prior to joining Eldridge, Mr. Glenn was CEO of KBBO Americas, LP, a U.S.-based investment vehicle for the KBBO Group, headquartered in the United Arab Emirates. Prior to KBBO Americas LP, Mr. Glenn was Senior Managing Director of Guggenheim Partners, where he joined in 2005. Glenn also has experience in the government and regulatory space, serving as Deputy Chief of Staff to Governor Sonny Perdue of Georgia and Special Assistant for Economic Policy to the President in the White House of George W. Bush.
Niharika Taskar Ramdev is a seasoned finance executive with global experience and has worked in the United States, India, China and Singapore. Ms. Ramdev held senior positions at General Motors for over twenty years. Her experience includes having served as Chief Financial Officer of the Global Cadillac division from 2018 to 2019, Chief Financial Officer of General Motors International from 2015 to 2018, Vice President of Finance and Treasurer from 2014 to 2015 and Chief Financial Officer for Global Purchasing and Supply Chain from 2011 to 2014.
Glenn will serve as a Class II Director and his term will expire at the company’s 2022 annual meeting. Ramdev will serve as a Class III Director and her term will expire at the company’s 2023 annual meeting.
About Renewable Energy Group
Renewable Energy Group, Inc. is leading the energy and transportation industries’ transition to sustainability by converting renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, Renewable Energy Group produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding the company advancing its growth strategy, its mission and its ability to lead the way in the energy transition. These forward-looking statements are based on current expectations, estimates, assumptions and projections that are subject to change, and actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the company’s ability to successfully execute its strategy and other risks and uncertainties described in REG’s annual report on Form 10-K for the year ended December 31, 2020 and subsequently filed Form 10-Q and other periodic filings with the Securities and Exchange Commission. All forward-looking statements are made as of the date of this press release and REG does not undertake to update any forward-looking statements based on new developments or changes in our expectations.
Investor Relations Contact for Renewable Energy Group:
Todd Robinson Todd.robinson@regi.com
Source: Renewable Energy Group, Inc.
FAQ
Who are the new board members of Renewable Energy Group (REGI)?
The new board members are Dylan Glenn and Niharika Taskar Ramdev.
When were the new board members appointed for REGI?
The new board members were appointed on November 9.
What are the terms for the new board members at REGI?
Dylan Glenn will serve as a Class II Director until the 2022 annual meeting, while Niharika Taskar Ramdev will serve as a Class III Director until the 2023 annual meeting.
What expertise do the new board members bring to REGI?
Dylan Glenn brings experience from Eldridge Industries and government roles, while Niharika Taskar Ramdev has extensive finance experience from her tenure at General Motors.
How might the new board members impact Renewable Energy Group's strategy?
Their diverse backgrounds and expertise are expected to enhance REGI's growth strategy and sustainability initiatives.
