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Low-Carbon Solutions Provider Gevo Aligns Leadership to Advance Commercial Execution, North Dakota Expansion and Growth

Gevo (NASDAQ:GEVO) expanded executive leadership responsibilities to support its growth strategy, including commercial execution and development of Gevo North Dakota.

(Moderate)

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Gevo (NASDAQ:GEVO) expanded executive leadership responsibilities to support its growth strategy, including commercial execution and development of Gevo North Dakota. Effective August 20, Greg Hanselman became Chief Operating Officer, Kyle James became Chief Commercial and Risk Officer, and Dave Kettner assumed the role of Chief Legal and Emerging Business Officer while remaining General Counsel.

According to Gevo, these changes are intended to drive near-term Adjusted EBITDA growth from Gevo North Dakota and existing assets, and support longer-term expansion in low-carbon ethanol, carbon management and advanced biofuels, including sustainable aviation fuel, under an outlook of more than $60 million in Adjusted EBITDA in 2026.

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Positive

  • 2026 Adjusted EBITDA outlook more than $60M
  • Expanded C-suite roles for COO, Chief Commercial and Risk Officer, and Chief Legal and Emerging Business Officer effective August 20
  • Leadership alignment focused on Gevo North Dakota expansion and low-carbon fuels, carbon management and SAF growth

Negative

  • None.
Argus Aug 26 session 1 alert
-2.37% close to close 1.8x rel. volume Open Argus
Details

News Market Reaction – GEVO

$400.52M Market Cap

On Aug 26, the day this news came out, GEVO closed 2.37% below the previous close. Relative volume reached 1.8x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 26 session.

Key Figures

Adjusted EBITDA outlook: more than $60M Leadership changes effective: August 20, 2026 Executives with expanded responsibilities: 3 executives +1 more
Adjusted EBITDA outlook
more than $60M
2026 outlook
Leadership changes effective
August 20, 2026
Executive role expansions
Executives with expanded responsibilities
3 executives
Leadership role expansions
ATJ facility operating since
2012
Specialty alcohol-to-jet fuels and chemicals facility

Historical Context

5 past events · Latest: Aug 06
5 events
  1. Aug 06

    Second-quarter earnings

    24h Move
    +9.0%

    Revenue growth and raised full-year Adjusted EBITDA outlook

  2. Jul 22

    Earnings date notice

    24h Move
    +1.2%

    Scheduled second-quarter results conference call and webcast

  3. Jul 16

    Board appointment

    24h Move
    +0.0%

    Todd Werpy appointed to the board effective August 20

  4. Jul 15

    Business update

    24h Move
    +11.2%

    Carbon pathways, production increases and cost reductions supported outlook

  5. May 07

    First-quarter earnings

    24h Move
    -9.8%

    Expansion updates and preliminary co-investment agreement accompanied results

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

adjusted ebitda, carbon capture and storage, sustainable aviation fuel, alcohol-to-jet
4 terms
adjusted ebitda financial
"deliver more than $60M in Adjusted EBITDA1 in 2026"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
carbon capture and storage technical
"an adjacent carbon capture and storage (CCS) facility"
Carbon capture and storage is a set of technologies that remove carbon dioxide from industrial emissions or the air and keep it isolated, usually by compressing it and injecting it deep underground for long-term storage. For investors, it matters because it can lower a company's regulatory and climate risk, create new revenue or cost opportunities, and influence future demand for energy, materials, and services—think of it as a vacuum and lockbox that helps firms meet emissions limits and avoid penalties or lost market share.
sustainable aviation fuel technical
"including sustainable aviation fuel (“SAF”)"
Sustainable aviation fuel is a low‑carbon replacement for conventional jet fuel made from renewable sources (like plant residues, waste oils, or captured carbon) but refined to meet the same safety and performance rules as regular jet fuel. Investors care because SAF can lower airlines’ carbon footprints and exposure to tightening regulations, create new supply and cost dynamics in the fuel market, and drive long‑term demand shifts — like using cleaner fuel in the same airplane.
alcohol-to-jet technical
"specialty alcohol-to-jet (ATJ) fuels and chemicals"
A process that converts alcohols made from plants, waste or other feedstocks into synthetic jet fuel suitable for aircraft engines. Think of it as a chemical recycling line that turns ethanol or similar alcohols into a ready-to-use aviation fuel; it matters to investors because it links renewable feedstocks to a large, regulated fuel market, offering potential revenue, carbon credits, and exposure to demand for lower‑carbon aviation alternatives.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ENGLEWOOD, Colo., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. today announced expanded executive leadership responsibilities reflecting the current growth strategy to drive commercial execution, support expansion of Gevo North Dakota (“GND”) and advance the company’s growth plans.

“Gevo’s recent results show that our strategy is working and that we are becoming a stronger operating business,” said Gevo Chief Executive Officer Paul Bloom. “Our focus is on disciplined execution: improving cash generation, growing the value of our carbon business, operating and expanding Gevo North Dakota safely and reliably, and converting our best growth opportunities into financeable, value-creating projects. By expanding our leaders’ responsibilities, we are putting clear ownership behind the work that matters most as we execute against our outlook to deliver more than $60M in Adjusted EBITDA1 in 2026 and build a larger growth platform for long-term shareholder value.”

Leadership Role Expansions

Effective August 20, Greg Hanselman now serves as Chief Operating Officer and Kyle James now serves as Chief Commercial and Risk Officer, continuing to lead the commercial organization. Dave Kettner will continue his role as the company’s General Counsel while taking on additional responsibilities as Chief Legal and Emerging Business Officer. All three will continue to report to Bloom.

  • As Chief Operating Officer, Hanselman runs the Operations and Engineering organization with overall responsibility for safety, reliability and operational excellence across the company. Through disciplined project execution, benchmarking and continuous improvement, he is leading the team to deliver increased production volumes while also optimizing plant costs and reducing carbon intensity in order to position the Gevo business for sustainable growth and future expansion.
  • As Chief Commercial and Risk Officer, James continues to lead the commercial organization while expanding responsibility for enterprise risk management, commercial execution and market expansion. His role brings customer demand and commercial strategy together as Gevo seeks to maximize value from low-carbon fuels, carbon markets and specialty products.
  • As Chief Legal and Emerging Business Officer, Kettner will continue to serve as General Counsel while expanding his role to include emerging business portfolio commercialization, strategic partnerships, licensing and new venture development. In this role, Kettner will lead Gevo’s emerging businesses to monetize technology development and pursue associated business opportunities in alignment with overall company strategy. He will also oversee government affairs and the sustainability, compliance and regulatory team in further support of commercial operations, project development, and other growth opportunities.

Together, these appointments strengthen Gevo’s execution platform as the company works to deliver near-term Adjusted EBITDA growth from GND and existing assets while building a larger growth platform in low-carbon ethanol, carbon management and advanced biofuels, including sustainable aviation fuel (“SAF”).

About Gevo

Gevo is pioneering low-carbon solutions with cost-effective, drop-in fuels that contribute to energy security, abate carbon and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including sustainable aviation fuel (SAF), motor fuels, chemicals, and other materials that provide U.S.-made solutions. Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates an ethanol plant with an adjacent carbon capture and storage (CCS) facility and Class VI carbon-storage well. Gevo also owns and operates one of the largest dairy-based renewable natural gas (RNG) facilities in the United States, turning by-products into clean, reliable energy. Additionally, Gevo developed the world’s first production facility for specialty alcohol-to-jet (ATJ) fuels and chemicals operating since 2012. Gevo is currently developing the world’s first large-scale ATJ facility to be co-located at our North Dakota site. Gevo’s market-driven “pay-for-performance” approach regarding carbon and other sustainability attributes helps deliver value to our local economies. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring, and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

For more information, please go to www.gevo.com.

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including Gevo’s business strategy, the appointments of Greg Hanselman, Kyle James and Dave Kettner, the company’s outlook for non-GAAP Adjusted EBITDA, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

Media Contact
Communications@gevo.com

IR Contact
IR@Gevo.com


1 Adjusted EBITDA is a non-GAAP measure calculated by adding back depreciation and amortization, impairment of long-lived assets, allocated intercompany expenses for shared service functions, non-cash stock-based compensation, the change in fair value of derivative instruments and executive severance and other non-recurring expenses to GAAP net income (loss) from operations. We have not provided a reconciliation of forward-looking non-GAAP Adjusted EBITDA guidance measures to the most directly comparable GAAP measures because of the inherent difficulty in accurately forecasting certain items excluded from GAAP, which have not yet occurred, are dependent on various factors, are out of the company's control, or cannot be reasonably calculated or predicted at this time. Accordingly, a reconciliation is not available without unreasonable effort.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership changes did Gevo (NASDAQ:GEVO) announce on August 26, 2026?

Gevo announced expanded executive roles for three senior leaders, effective August 20. According to Gevo, Greg Hanselman became Chief Operating Officer, Kyle James became Chief Commercial and Risk Officer, and Dave Kettner took on the role of Chief Legal and Emerging Business Officer while remaining General Counsel.

Who is the new Chief Operating Officer at Gevo (GEVO) and what are his responsibilities?

Greg Hanselman is now Chief Operating Officer at Gevo. According to Gevo, he runs Operations and Engineering with responsibility for safety, reliability, operational excellence, production volumes, plant cost optimization, and carbon-intensity reduction to position the business for sustainable growth and future expansion.

What Adjusted EBITDA guidance did Gevo (GEVO) provide for 2026?

Gevo is targeting more than $60 million in Adjusted EBITDA in 2026. According to Gevo, this outlook is supported by disciplined execution, improved cash generation, growth of the carbon business, and contributions from Gevo North Dakota and other existing assets.

What is the role of the Chief Commercial and Risk Officer at Gevo (GEVO)?

Kyle James serves as Chief Commercial and Risk Officer, leading the commercial organization. According to Gevo, his responsibilities cover enterprise risk management, commercial execution and market expansion, aligning customer demand and strategy across low-carbon fuels, carbon markets and specialty products to maximize value.

How do the leadership changes relate to Gevo North Dakota (GND) and growth plans?

The leadership changes are intended to strengthen execution for Gevo North Dakota and broader growth. According to Gevo, the aligned roles support near-term Adjusted EBITDA growth from GND and existing assets and long-term expansion in low-carbon ethanol, carbon management and sustainable aviation fuel.

What low-carbon businesses does Gevo (GEVO) currently operate and develop?

Gevo operates an ethanol plant with carbon capture and storage, a large dairy-based renewable natural gas facility, and a specialty alcohol-to-jet fuels plant. According to Gevo, it is developing a large-scale ATJ facility at its North Dakota site and offering supply-chain tracking via its Verity subsidiary.

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