Green Plains Inc. has appointed Ann Reis as its new Chief Financial Officer, effective January 6, 2026. Reis brings more than two decades of experience in agribusiness, energy, and financial services, having held senior finance roles at Southwest Iowa Renewable Energy, Lincoln Financial Group and ConAgra Foods. Her background is positioned to support Green Plains’ focus on measurement‑driven results and operational excellence as the company continues to transition toward a low‑carbon fuel platform.
The appointment follows the departure of long‑time CFO Phil Boggs, who served the company for sixteen years. Boggs’ employment was terminated effective January 5, 2026, and the transition is described as a routine change of leadership rather than a result of any disagreement with the company. Reis will inherit a finance organization that has recently reported a mixed financial picture: Q3 2025 net income fell to $11.9 million ($0.17 EPS) from $48.2 million ($0.69 EPS) in Q3 2024, while revenue declined to $508.5 million from $658.7 million year‑over‑year. The earnings beat expectations by $0.05 per share, largely due to disciplined cost management that offset a 23 % drop in ethanol production operating income caused by weaker margins.
Green Plains’ strategic shift toward low‑carbon fuels is a key driver of its financial strategy. The company has invested heavily in carbon capture and storage (CCS) at its Nebraska facilities, with captured CO₂ transported to Wyoming for permanent sequestration. These initiatives generate 45Z Clean Fuel Production Credits under the Inflation Reduction Act, creating a new revenue stream that the new CFO will help monetize and integrate into the company’s capital‑allocation framework. The CFO’s role will also involve overseeing the company’s ongoing cost‑reduction initiatives and ensuring that capital is deployed to support the low‑carbon platform while maintaining liquidity amid a recent net loss of $188.15 million on $2.25 billion of revenue.
President and CEO Chris Osowski said, “Ann brings deep financial leadership, industry experience, and operations expertise to drive Green Plains’ continued focus on measurement‑driven results and operational excellence.” Osowski added that the transition is part of a broader effort to strengthen financial stewardship as the company navigates a challenging commodity environment and seeks to capitalize on the value created by its low‑carbon initiatives.
The CFO transition signals Green Plains’ commitment to disciplined financial management as it pursues a low‑carbon strategy. Reis will be responsible for steering the company through a period of revenue contraction and margin compression, while leveraging new tax‑credit revenue and cost‑control measures to support long‑term growth. Her experience in energy finance positions her to guide the company’s capital allocation and risk management as it expands its low‑carbon fuel platform and seeks to improve profitability in a competitive market.
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