Alto Ingredients, Inc. (ALTO)

1.7200 -0.0400 (-2.27%) At close: 04:00PM EDT

Alto Ingredients, Inc.

1300 South Second Street
Pekin, IL 61554
United States
(916) 403-2123
https://www.altoingredients.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 460

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bryon T. McGregor	CEO & President	511.5k	N/A	1964
Mr. Robert R. Olander	Chief Financial Officer	342.2k	N/A	N/A
Ms. Auste M. Graham J.D.	VP, General Counsel & Corporate Secretary	400.95k	N/A	1980
Mr. Michael D. Kandris	Advisor & Director	612.56k	N/A	1948
Mr. James R. Sneed	VP & Chief Commercial Officer	383.75k	N/A	1967
Mr. Todd E. Benton	Chief Operating Officer	N/A	N/A	N/A
Mr. Ed Baker	Vice President of Human Resources	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption. The company also provides fuel-grade ethanol used as transportation fuel and distillers corn oil used as a biodiesel feedstock, as well as fuel-grade ethanol produced by third parties. In addition, it offers transportation, storage, and delivery services through third-party service providers. The company sells ethanol to integrated oil companies and gasoline marketers; essential ingredient feed products to dairies and feedlots; and corn oil to poultry, renewable diesel, and biodiesel customers. It operates alcohol production facilities. The company was formerly known as Pacific Ethanol, Inc. and changed its name to Alto Ingredients, Inc. in January 2021. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois.

Corporate governance

Alto Ingredients, Inc.’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.