Green Plains holder Ancora sends letter to company board regarding CEO

Ancora Holdings Group released the below communications with Green Plains , including a previously undisclosed July 11th letter to the Board of Directors. ..”Ancora Holdings Group together with its affiliates owns nearly 7% of the outstanding common shares of Green Plains, making us one of the Company’s largest shareholders. We appreciate that independent members of the Board of Directors will meet with us in either the second half of August or the first half of September to discuss our July 11th letter . While we look forward to the conversation, we are troubled by the Board’s lackadaisical response to the serious issues we raised last month about Chief Executive Officer Todd Becker. We hope that by releasing the July 11th letter and today’s letter, we will encourage you to act with greater urgency to acknowledge and remedy the damage being done by Mr. Becker.”