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8-K - Green Brick Partners, Inc. | v187323_8k.htm |
EX-10.1 - Green Brick Partners, Inc. | v187323_ex10-1.htm |
NEWS
RELEASE
BIOFUEL COO STEPS
DOWN
DENVER, COLORADO – June 3, 2010 –
BIOFUEL ENERGY CORP. (NASDAQ:BIOF), an ethanol production company, today
announced that Daniel J. Simon, the company’s Chief Operating Officer and one of
its founders, will be leaving the company effective June 30th to
pursue other business interests. The company and Mr. Simon have been
developing a transition plan, of which Mr. Simon’s departure represents the
final step. The company’s VP of Operations, Doug Anderson, will
now report directly to Scott H. Pearce, the company’s CEO.
Mr.
Pearce stated, “On behalf of BioFuel Energy, I would like to thank Dan for his
contributions and wish him the very best for his future. Dan has been
instrumental in founding and building this Company. He brought all of his
unique talents to bear in getting the plants up and running reliably, while
overcoming a number of significant obstacles along the way.”
Mr. Simon
stated, “This was an extremely difficult decision for me because of my regard
for the company I co-founded, the quality of the team we’ve developed, and the
value I place in building a business that makes a significant contribution to
both the environment and our country’s energy independence. However, the
company is well positioned for my departure with a strong management team,
reliable operations and the leadership needed to drive business objectives and
improve our bottom line. I believe that I’ve accomplished the goals we
originally set out in April of 2006, and look forward to focusing on my growing
family and new business interests. “
Mr.
Pearce continued, “With the addition of Doug Anderson and other key members to
the operations management team, and with this streamlined reporting structure, I
believe that the company is in a solid position to execute on our 2010 business
plan and beyond, as we continue on our path to becoming one of the leading
ethanol producers in the U.S.”
This
release contains certain forward-looking statements within the meaning of the
Federal securities laws. Such statements are based on management’s
current expectations, estimates and projections, which are subject to a wide
range of uncertainties and business risks. Forward-looking statements
should not be read as a guarantee of future performance or results, and will not
necessarily be accurate indications of whether, or the times by which, our
performance or results may be achieved. Factors that could cause
actual results to differ from those anticipated are discussed in our Exchange
Act filings and our Annual Report on Form 10-K.
BioFuel
Energy currently has two 115 million gallons per year ethanol plants in the
Midwestern corn belt. The Company’s goal is to become a leading
ethanol producer in the United States by acquiring, developing, owning and
operating ethanol production facilities.
###
Contact:
|
Kelly
G. Maguire
|
For
more information:
|
Vice
President - Finance &
|
www.bfenergy.com
|
|
Chief
Financial Officer
|
||
(303)
640.6500
|
||
kmaguire@bfenergy.com
|
1600
Broadway, Suite 2200• Denver, CO • 303.640-6500
• www.bfenergy.com