Green Plains (GPRE) Appoints Farha Aslam to Its Board
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Green Plains Inc. (NASDAQ: GPRE) today announced the appointment of Farha Aslam to its Board of Directors (the “Board”) as an independent director, effective Oct. 26, 2021. Ms. Aslam’s appointment fills the vacancy created by the retirement of Gene Edwards from the Board in August 2021.
Ms. Aslam is a leading expert in agribusiness, having covered the sector for more than two decades as an analyst for firms including Merrill Lynch & Co. and Stephens Inc. She is currently Managing Partner of Crescent House Capital, an advisory practice she founded that develops operating and investment strategies for companies, investors, and service providers across the global food and agricultural value chain. Ms. Aslam also has relevant public company director experience and currently serves as a director and audit committee member at both Pilgrim’s Pride, a leading global provider of high-quality food products, and Calavo Growers, Inc., a global avocado industry leader and an expanding provider of value-added fresh food.
“Farha’s agribusiness experience and financial expertise are well-suited to support our continued transformation and growth,” said Wayne Hoovestol, Chairman of the Board. “Her experience serving on the boards of global leaders in our space will allow her to provide valuable insights as we continue to leverage technological innovation and strategic partnerships to unlock growth. Additionally, as a former top Wall Street analyst and current strategic advisor to companies in the agribusiness industry, Farha has a keen understanding of the investor mindset and a deep appreciation of how companies in our sector drive shareholder value, complementing the robust operating expertise of our other directors. Given her decades of experience at the intersection of Wall Street and agribusiness, we are confident Farha will be a strong voice for shareholder interests in the boardroom and enhance the overall effectiveness of our Board.”
Following the departure of Calavo’s CFO in July 2021 until September 2021, Ms. Aslam served as interim CFO of Calavo. Additionally, as a member of Pilgrim’s board, she is a shareholder-designated representative for JBS USA, Pilgrim’s largest shareholder.
Ms. Aslam was identified as part of a comprehensive search and selection process conducted with feedback and input from shareholders. Ms. Aslam’s appointment builds upon the Company’s previously announced board refreshment initiative and the comprehensive review of governance and board composition which the Board undertook in response to the results of the 2020 annual meeting.
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