Company: AMTX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010522
Chunk: 5

Company: AEMETIS, INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 5
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 and Chief Executive Officer. There are no family relationships between any independent director and executive officer.

Board Leadership

Our Board retains flexibility to select its Chair of the Board and Chief Executive Officer in the manner that it believes is in the best interests of our stockholders. Accordingly, the Chair of the Board and the Chief Executive Officer positions may be filled by a single person or filled separately by two people. The Board currently believes that having Mr. McAfee serve as both Chair of the Board and Chief Executive Officer is in the best interests of the stockholders in light of Mr. McAfee’s extensive knowledge of, years of service to, and experience with the Company. The Board has designated Francis P. Barton as Lead Independent Director to preside over the Board’s executive sessions and fulfill other duties.

Board Management of Risk

Both the full Board and its committees oversee the various risks faced by the Company. Management is responsible for the day-to-day management of the Company and provides periodic reports to the Board and its committees relating to those risks and risk-mitigation efforts. Board oversight of risk is conducted primarily through the standing committees of the Board, the members of which are independent directors, with the Audit Committee taking a lead role on oversight of financial risks and in interfacing with management on significant risks or exposures and assessing the steps management has taken to minimize such risks. The Audit Committee is also charged with, among other tasks, oversight of management on the Company’s guidelines and policies with respect to risk monitoring, assessment and management. Members of the Company’s management periodically report to the Audit Committee regarding risks overseen by the Audit Committee, including quarterly reports with respect to the Company’s internal controls over financial reporting.

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Board Member Biographies

Eric A. McAfeeco-founded the Company in 2006 and has served as its Chair of the Board since February 2006 and as Chief Executive Officer since February 2007. In 2003, Mr. McAfee co-founded Pacific Ethanol, Inc. (formerly NASDAQ: PEIX, now ALTO), an ethanol producer and marketer. Mr. McAfee is the Chair and co-founder of Raw Farm, a leading raw milk products producer, packager, and distributor that owns and operates two dairies. Mr. McAfee has founded eight companies that were taken public and funded 25 growth companies. Mr. McAfee received a B.S. in Management from Fresno State University in 1986, is a 1993 graduate of the Stanford Graduate School of