Gevo, Inc. Announces Resignation of Mike Willis as Chief Financial Officer, with Effect from January 5, 2018
January 03, 2018 at 07:31 pm IST
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In connection with its strategic review of options to improve the cash flow profile of its business, on January 2, 2018, Gevo, Inc. entered into an agreement with Mike Willis, the company’s Chief Financial Officer, pursuant to which Mr. Willis will resign from his position with the company, effective January 5, 2018 or such other date as mutually agreed (the termination date).
Gevo, Inc. is a carbon abatement company focused on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels, such as sustainable aviation fuel. The Company operates in three segments. The Gevo segment is focused on research and development activities related to the production of SAF, commercial opportunities for other renewable hydrocarbon products, such as renewable natural gas, hydrocarbons for gasoline blendstocks and diesel fuel, and plastics, materials, and other chemicals. Gevo segment also develops, maintains, and protects its intellectual property portfolio, provides corporate oversight services, and is responsible for development and construction of its Net-Zero Projects. The Agri-Energy segment is engaged in the operation of its Luverne facility and the development of the production of isobutanol, ethanol and related products. The Renewable Natural Gas segment produces-pipeline quality methane gas captured from dairy cow manure.