Chevron’s First Female Corporate Officer Brings Extensive Industry Experience
CUPERTINO, Calif. – November 17, 2016 – Aemetis, Inc. (NASDAQ: AMTX), an advanced renewable fuels and biochemicals company, today announced the election of Lydia I. Beebe to the Aemetis Board of Directors.
“Ms. Beebe brings a wealth of relevant industry experience to Aemetis, having served at the senior officer and board of directors level for a major energy company, and will play a key role as Aemetis continues to execute on our plans to deploy advanced biofuel technologies,” said Eric McAfee, the Chairman and Chief Executive Officer of Aemetis. “Her expertise and proven track record at Chevron Corporation will be a tremendous asset to Aemetis.”
Ms. Beebe is currently Senior Counsel at Wilson Sonsini Goodrich & Rosati PC, one of Silicon Valley’s leading law firms. Prior to joining Wilson Sonsini, Ms. Beebe served for 38 years with Chevron Corporation. In 1995, Ms. Beebe was promoted to Corporate Secretary of Chevron, the first female corporate officer in Chevron Corporation’s 127-year history. In 2007, she also became Chevron’s Chief Governance Officer, holding both offices until she retired in 2015.
“I am pleased to join the Aemetis board, and look forward to serving with the Company’s highly experienced board members,” said Ms. Beebe. “I look forward to leveraging my experience in the energy industry to help Aemetis expand its leadership position as an advanced biofuels technology and production company.”
Ms. Beebe holds a B.A. in journalism from the University of Kansas, a J.D. from the University of Kansas, as well as an M.B.A. from Golden Gate University. Ms. Beebe also served on the board of directors of HCC Insurance Holdings, Inc.
The Aemetis Board of Directors is currently comprised of the following individuals: Harold Sorgenti, former President/CEO of ARCO Chemical Company; John Block, former U.S. Secretary of Agriculture (under President Reagan); Fran Barton, former CFO of five multi-billion-dollar revenue semiconductor companies; Dr. Steve Hutcheson, Professor of Molecular Genetics at the University of Maryland and founder of Zymetis; and Eric McAfee, founder, Chairman and CEO of Aemetis.
Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley near Modesto. Aemetis also owns and operates a 50 million gallon per year distilled biodiesel and refined glycerin plant on the East Coast of India to supply customers in India and Europe. Aemetis operates a research and development laboratory at the Maryland Biotech Center, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals. For additional information about Aemetis, including the Company’s corporate presentation and SEC filings, please visit www.aemetis.com.