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Alto Ingredients appoints new COO amid transition

EditorEmilio Ghigini
Published 21/03/2024, 13:36
Updated 21/03/2024, 13:36
© Reuters.

PEKIN, Ill. - Alto Ingredients, Inc. (NASDAQ: ALTO), a key player in renewable fuel and specialty alcohols production in the U.S., announced a change in its executive team with the appointment of Todd E. Benton as Chief Operating Officer, effective April 1, 2024. The current Interim COO, Michael D. Kandris, is set to resign from his role but will continue as a special advisor until his retirement on June 20, 2024. Kandris will also maintain his position on the company's board of directors.

Benton, who joined Alto Ingredients in 2018 and has served as Vice President of Operations since 2021, brings over 30 years of experience in the industry. His background includes extensive work in corn wet milling and ethanol production, with previous leadership roles at Flint Hills Resources and Aventine Renewable Energy.

The company praised Benton for his strong track record in operational excellence and strategic leadership. His expertise is expected to further Alto's transformational efforts focusing on operational efficiency, safety, reliability, and sustainability.

Highlighting Benton's appointment, the company also underscored its commitment to carbon capture and storage (CCS) at its Pekin campus. This initiative is part of a strategic direction to support the ethanol industry in Illinois, while also addressing environmental concerns by reducing greenhouse gas emissions. Benton expressed enthusiasm for leading the completion of the CCS project and enhancing productivity at the company's other facilities.

Alto Ingredients operates with a focus on five key markets: Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels. The company's products are integral to various major food, beverage, and consumer products companies.

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The information for this article is based on a press release statement from Alto Ingredients, Inc. The company's forward-looking statements about its CCS project and operational plans are subject to a range of economic and market conditions that could influence actual performance and results.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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