Alto Ingredients Management

Management criteria checks 1/4

Alto Ingredients' CEO is Bryon McGregor, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is $1.36M, comprised of 31.5% salary and 68.5% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth €1.05M. The average tenure of the management team and the board of directors is 0.9 years and 4.7 years respectively.

Key information

Bryon McGregor

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage	31.5%
CEO tenure	less than a year
CEO ownership	1.0%
Management average tenure	less than a year
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bryon McGregor's remuneration changed compared to Alto Ingredients's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$28m
Dec 31 2023	US$1m	US$427k	-US$29m
Sep 30 2023	n/a	n/a	-US$43m
Jun 30 2023	n/a	n/a	-US$68m
Mar 31 2023	n/a	n/a	-US$53m
Dec 31 2022	US$720k	US$352k	-US$43m
Sep 30 2022	n/a	n/a	US$26m
Jun 30 2022	n/a	n/a	US$51m
Mar 31 2022	n/a	n/a	US$37m
Dec 31 2021	US$910k	US$336k	US$44m
Sep 30 2021	n/a	n/a	-US$12m
Jun 30 2021	n/a	n/a	US$7m
Mar 31 2021	n/a	n/a	US$13m
Dec 31 2020	US$482k	US$331k	-US$16m
Sep 30 2020	n/a	n/a	-US$37m
Jun 30 2020	n/a	n/a	-US$80m
Mar 31 2020	n/a	n/a	-US$102m
Dec 31 2019	US$401k	US$318k	-US$90m
Sep 30 2019	n/a	n/a	-US$81m
Jun 30 2019	n/a	n/a	-US$61m
Mar 31 2019	n/a	n/a	-US$67m
Dec 31 2018	US$480k	US$315k	-US$62m
Sep 30 2018	n/a	n/a	-US$43m
Jun 30 2018	n/a	n/a	-US$36m
Mar 31 2018	n/a	n/a	-US$31m
Dec 31 2017	US$527k	US$307k	-US$36m

Compensation vs Market: Bryon's total compensation ($USD1.36M) is above average for companies of similar size in the German market ($USD525.52K).

Compensation vs Earnings: Bryon's compensation has increased whilst the company is unprofitable.

CEO

Bryon McGregor (60 yo)

less than a year

Tenure

US$1,357,502

Compensation

Mr. Bryon T. McGregor served as Chief Financial Officer of Alto Ingredients, Inc. (formerly known as Pacific Ethanol, Inc.) (formerly Aventine Renewable Energy Holdings, Inc.) since November 19, 2009 until...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bryon McGregor	CEO, President & Director	less than a year	US$1.36m	1.04% $ 1.0m
Robert Olander	Chief Financial Officer	less than a year	US$655.27k	0.20% $ 200.2k
Auste Graham	VP, General Counsel & Corporate Secretary	2.4yrs	US$562.20k	0.30% $ 302.5k
James Sneed	VP & Chief Commercial Officer	no data	US$545.00k	0.50% $ 501.4k
Todd Benton	Chief Operating Officer	less than a year	no data	0.17% $ 175.6k
Ed Baker	Vice President of Human Resources	no data	no data	no data

0.9yrs

Average Tenure

57yo

Average Age

Experienced Management: FPR's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Bryon McGregor	CEO, President & Director	less than a year	US$1.36m	1.04% $ 1.0m
Michael Kandris	Director	16.1yrs	US$1.14m	0.87% $ 875.8k
Douglas Kieta	Independent Chairman of the Board	18.3yrs	US$298.12k	0.41% $ 415.2k
Dianne Nury	Independent Director	4.7yrs	US$238.60k	0.24% $ 237.6k
Gilbert Nathan	Independent Director	4.7yrs	US$238.60k	0.92% $ 922.5k
Maria Gray	Independent Director	2.5yrs	US$227.06k	0.16% $ 156.4k

4.7yrs

Average Tenure

62yo

Average Age

Experienced Board: FPR's board of directors are considered experienced (4.7 years average tenure).

Alto Ingredients Management

Management criteria checks 1/4

Key information

Recent management updates

Alto Ingredients, Inc., Annual General Meeting, Jun 20, 2024

Alto Ingredients, Inc. Announces Executive Changes, Effective April 1, 2024

Alto Ingredients, Inc. Announces Chief Financial Officer Changes

Independent Director recently bought €89k worth of stock

Insufficient new directors

Alto Ingredients, Inc. Announces Executive Changes

Recent updates

First quarter 2024 earnings released: US$0.17 loss per share (vs US$0.18 loss in 1Q 2023)

Alto Ingredients, Inc. to Report Q1, 2024 Results on May 06, 2024

Alto Ingredients, Inc., Annual General Meeting, Jun 20, 2024

Alto Ingredients, Inc. Announces Executive Changes, Effective April 1, 2024

Full year 2023 earnings released: US$0.40 loss per share (vs US$0.60 loss in FY 2022)

Alto Ingredients, Inc. to Report Q4, 2023 Results on Mar 11, 2024

Third quarter 2023 earnings released: US$52.03 loss per share (vs US$0.39 loss in 3Q 2022)

New major risk - Share price stability

Alto Ingredients, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Second quarter 2023 earnings released: EPS: US$0.098 (vs US$0.29 in 2Q 2022)

Alto Ingredients, Inc. Announces Chief Financial Officer Changes

Alto Ingredients, Inc. to Report Q2, 2023 Results on Aug 07, 2023

First quarter 2023 earnings released: US$0.091 loss per share (vs US$0.041 loss in 1Q 2022)

Full year 2022 earnings released: US$0.60 loss per share (vs US$0.62 profit in FY 2021)

Independent Director recently bought €89k worth of stock

Investor sentiment deteriorated over the past week

Insufficient new directors

Third quarter 2022 earnings released: US$0.39 loss per share (vs US$0.048 loss in 3Q 2021)

Alto Ingredients, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Alto Ingredients, Inc. (NASDAQ: ALTO) announces an Equity Buyback Plan for $50 million worth of its shares.

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.29 (vs US$0.11 in 2Q 2021)

Alto Ingredients, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Alto Ingredients, Inc. Announces Executive Changes

Investor sentiment deteriorated over the past week

Alto Ingredients, Inc. Announces Retirement of Christopher W. Wright as Senior Vice President

Independent Director recently bought €77k worth of stock

First quarter 2022 earnings released: US$0.041 loss per share (vs US$0.062 profit in 1Q 2021)

Investor sentiment deteriorated over the past week

Alto Ingredients, Inc., Annual General Meeting, Jun 23, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Now 25% undervalued

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Alto Ingredients, Inc. to Report Q4, 2021 Results on Mar 10, 2022

Alto Ingredients, Inc. Appoints Auste M. Graham to the Senior Management Team as General Counsel and Corporate Secretary

Alto Ingredients, Inc. (NasdaqCM:ALTO) acquired Eagle Alcohol Company LLC $29.3 million.

Alto Ingredients, Inc. Restarts its Magic Valley Facility

VP, General Counsel & Secretary recently sold €328k worth of stock

Third quarter 2021 earnings released: US$0.048 loss per share (vs US$0.26 profit in 3Q 2020)

Forecast to breakeven in 2021

Independent Director recently bought €106k worth of stock

Second quarter 2021 earnings released: EPS US$0.11 (vs US$0.27 in 2Q 2020)

Seaboard Energy California, LLC signed a definitive agreement to acquire Madera Facility from Alto Ingredients, Inc. (NasdaqCM:ALTO) for $28.3 million.

Alto Ingredients, Inc. to Report Q4, 2020 Results on Mar 10, 2021

Pacific Ethanol, Inc. Announces Resignation of Winston Mar as Chief Restructuring Officer

Liberty Basin, LLC completed the acquisition of Idaho Grain Handling Facilities of Pacific Ethanol, Inc. (NasdaqCM:PEIX) for $10 million.

Pacific Ethanol, Inc. Enters into Agreements with Liberty Basin, LLC for Delivery of Grain to the Plant

Pacific Ethanol, Inc. to Report Q3, 2020 Results on Nov 09, 2020

Pacific Ethanol, Inc. announced that it has received $0.058227 million in funding

Pacific Ethanol, Inc. announced that it has received funding

Pacific Ethanol, Inc. Announces Executive Changes

Pacific Ethanol Receives Nasdaq Compliance Determination

Pacific Ethanol, Inc. to Report Q2, 2020 Results on Aug 11, 2020

Pacific Ethanol, Inc.(NasdaqCM:PEIX) dropped from Russell Microcap Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age