Aemetis Announces Executive Compensation Adjustments in Recent 8-K Filing

Aemetis, Inc. (NASDAQ: AMTX) recently disclosed changes in the compensation package for its named executive officers in a Form 8-K filing submitted to the Securities and Exchange Commission on January 16, 2025.

The Governance, Compensation, and Nominating Committee of Aemetis held a regular meeting on the stated date to review and consider salaries, bonuses, and equity awards for its key executives. During the meeting, the Committee assessed the Company’s progress towards achieving strategic goals across various operational segments. Additionally, the Committee analyzed compensation levels for the named executive officers in comparison to a peer group of companies, as outlined in a report generated by a third-party compensation consultant.

As a result of the review, the Committee approved revised annual base salaries for Aemetis’ named executive officers as follows: Eric A. McAfee, Chairman and Chief Executive Officer, will receive a salary of $500,000 per year; Todd A. Waltz, Executive Vice President and Chief Financial Officer, will receive a salary of $430,000 per year; Andrew B. Foster, Executive Vice President, North America, will receive $400,000 per year; Sanjeev Gupta, Executive Vice President, International, will receive $400,000 per year; and J. Michael Rockett, Executive Vice President and General Counsel, will receive $400,000 per year.

Moreover, the Committee sanctioned one-time bonuses for the named executive officers, with Eric A. McAfee receiving a bonus of $200,000, Todd A. Waltz, Andrew B. Foster, Sanjeev Gupta, and J. Michael Rockett each receiving bonuses of $125,000.

The filing did not mention any reasons for the adjustments in compensation or any additional details beyond the approved figures for the named executive officers.

Aemetis’ Chairman and Chief Executive Officer, Eric A. McAfee, signed off on the filing on behalf of the Company, as per regulatory requirements. ENDOFARTICLE

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Aemetis’s 8K filing here.

Aemetis Company Profile

Aemetis, Inc operates as a renewable natural gas and renewable fuels company. It operates through three segments: California Ethanol, California Dairy Renewable Natural Gas, and India Biodiesel. The company focuses on the operation, acquisition, development, and commercialization of technologies to produce low and negative carbon intensity renewable fuels that replace fossil-based products.