Green Plains appoints new CFO

By Green Plains Inc. | May 09, 2019

Green Plains Inc. announced May 8 that Patrich Simpkins, chief development officer, will take over as chief financial officer (CFO) of Green Plains and Green Plains Partners LP effective May 13, 2019. Simpkins promotion to CFO comes as current CFO John Neppl, has been appointed executive vice president and CFO of Bunge Ltd. Neppl will transition his responsibilities to Simpkins over the coming weeks.

“John has been instrumental in driving the success of our portfolio optimization plan to date which was launched a year ago,” said Todd Becker, president and CEO. “We appreciate John’s many contributions to Green Plains during his tenure and we wish him great success in his new position.”

“Working at Green Plains has been a great experience for me and I am grateful for the opportunity to have been a part of the company. There is a strong, dedicated management team in place to complete the portfolio optimization plan and position the company for the future,” said Neppl.

Simpkins has served as chief development officer since October 2014, previously serving as chief risk officer from October 2014 through August 2016 and as executive vice president of finance and treasurer from May 2012 to October 2014.  Prior to joining Green Plains, Simpkins held a number of senior management positions with SensorLogic Inc., TXU Corp., Duke Energy Corp., and Louis Dreyfus Energy. Simpkins has a Bachelor of Business Administration degree from the University of Kentucky.

“Patrich has been a key member of the Green Plains management team, driving our strategic objectives for the last five years,” stated Becker. “Patrich demonstrates significant leadership qualities and his experience and knowledge of the company will serve us well in his new role as our CFO.”

Paul Kolomaya, executive vice president – commodity finance has been promoted to chief accounting officer of Green Plains and Green Plains Partners LP. Previously, Kolomaya had served as executive vice president – commodity finance since February 2012. Prior to joining Green Plains in August 2008 as vice president – commodity finance, Kolomaya was employed by ConAgra Foods Inc. and brings 22 years of commodity finance and accounting experience to the company. Kolomaya holds chartered accountant and certified public accountant certifications and has a Bachelor of Honors Commerce degree from the University of Manitoba.

“Paul has been a valuable member of the Green Plains management team since 2008,” added Becker. “His commodity finance and accounting knowledge are invaluable to our company and we look forward to his continued growth and success.”