Alto Ingredients, Inc. Announces Retirement of Christopher W. Wright as Senior Vice President
June 01, 2022 at 05:08 pm EDT
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On May 27, 2022, Christopher W. Wright, Senior Vice President, a named executive officer, and former Vice President, General Counsel and Secretary, retired from his service as an employee of Alto Ingredients, Inc. Mr. Wright entered into a one-year Consulting Agreement with the Company effective May 28, 2022 to provide advice and consultation as requested from time to time by the Company's Chief Executive Officer, Chief Financial Officer or General Counsel. Mr. Wright is to receive a biweekly retainer of $5,000 for his services under the Consulting Agreement.
Alto Ingredients, Inc. produces and distributes renewable fuel and essential ingredients and is a producer of specialty alcohols in the United States. The Company's segments include Pekin Campus production, marketing and distribution and Western production. Pekin Campus production segment includes the production and sale of alcohols and essential ingredients produced at the Companyâs Pekin, Illinois campus. Its marketing and distribution segment includes marketing and merchant trading for Company-produced alcohols and essential ingredients on an aggregated basis, and sales of fuel-grade ethanol sourced from third parties. Western production segment includes the production and sale of fuel-grade ethanol and essential ingredients produced the Companyâs two western production facilities. It produces specialty alcohols, fuel-grade ethanol and essential ingredients, focusing on various markets, such as health, home and beauty; food and beverage; essential ingredients, and renewable fuels.