Gevo Appoints Lynn Smull as Chief Financial Officer

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[{"type":"text","content":"ENGLEWOOD, Colo, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), a leading renewable fuels and chemicals manufacturer, announced today the appointment of Lynn Smull to the position of Chief Financial Officer.\n Mr. Smull is expected to start in this new role effective December 16, 2019.“I’m glad to have Lynn join our team. He has a lot of experience in project financing and energy projects, both extremely relevant to us” said Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer. “Lynn is a good fit and I expect him to hit the ground running.” Prior to joining Gevo, Mr. Smull most recently served as Chief Financial Officer of One Energy Enterprises, LLC. Mr. Smull has thirty years of finance and commercial experience on corporate, investment banking, and private equity platforms including Calpine Corporation, Bank of America, Salomon Brothers, and Bechtel. Mr. Smull has managed large capital raisings, M&A transactions, and corporate finance and accounting functions in the renewable and conventional power and energy sectors, as well as in several other heavy infrastructure sectors. About Gevo Gevo is commercializing the next generation of gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their lifecycle). Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven, patented, technology enabling the use of a variety of low-carbon sustainable fe...

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