Alto Ingredients, Inc. Announces Director Departure

Rhea-AI Summary

Alto Ingredients (NASDAQ: ALTO) announced the resignation of director Jeremy T. Bezdek, effective November 24, 2025. Mr. Bezdek left the board after accepting the role of president and CEO at The Lifetime Group, a U.S. manufacturer of corn-based products. The board thanked him for his contributions and said it will begin a search for a new independent director with relevant expertise and a track record of value creation.

The company described the departure as amicable and expressed confidence in advancing its strategic initiatives under current management.

Positive

• Board will initiate search for a new independent director
• Resignation described as amicable with board support

Negative

• Board seat vacated effective November 24, 2025
• Potential short-term governance gap until new director appointment

PEKIN, Ill., Nov. 26, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced the resignation of Jeremy T. Bezdek from its Board of Directors. Mr. Bezdek recently accepted the role of president and chief executive officer at The Lifetime Group, a U.S. manufacturer of corn-based products.

Gilbert Nathan, Chair of the Board of Alto Ingredients, commented, “On behalf of the board, I would like to thank Jeremy for the contributions he made since joining the board. We have enjoyed working with him and wish him well in his future endeavors.”

Mr. Bezdek noted, “It has been a pleasure serving on the Alto board. I am excited about the direction of the company and wish the board and management all the best in advancing the promising strategic initiatives Alto has put into place.”

Mr. Bezdek’s resignation was effective November 24, 2025. Alto intends to initiate a search for a new independent director with relevant expertise and a track record of value creation.

About Alto Ingredients, Inc.
Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

Company IR and Media Contact:
Michael Kramer, Alto Ingredients, Inc., 916-403-2755
Investorrelations@altoingredients.com

IR Agency Contact:
Harriet Fried, Alliance Advisors Investor Relations, 212-838-3777, Investorrelations@altoingredients.com 

FAQ

Who resigned from Alto Ingredients' board and when did it take effect (ALTO)?

Jeremy T. Bezdek resigned and his resignation was effective November 24, 2025.

Why did Jeremy T. Bezdek leave Alto Ingredients' board (ALTO)?

He accepted the role of president and CEO at The Lifetime Group, a U.S. corn-based products manufacturer.

How is Alto Ingredients responding to the board vacancy (ALTO)?

Alto said it will initiate a search for a new independent director with relevant expertise and value-creation experience.

Will Jeremy Bezdek's departure affect Alto Ingredients' strategy (ALTO)?

The company called the departure amicable and expressed confidence in advancing its existing strategic initiatives.

What immediate governance impact does Jeremy Bezdek's resignation have for ALTO?

The resignation creates a vacant board seat effective Nov 24, 2025 and may cause a short-term governance gap until a replacement is named.