-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EY1bt/TQe5VzWbVEn/Vt7kfnX6muhBx6Na6h3C1pAH49Wg18WuRsqPpUulWKHocy cFkIREDdt07UDD+1sGmp2A== 0000950103-09-000537.txt : 20090313 0000950103-09-000537.hdr.sgml : 20090313 20090313164715 ACCESSION NUMBER: 0000950103-09-000537 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090309 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090313 DATE AS OF CHANGE: 20090313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVENTINE RENEWABLE ENERGY HOLDINGS INC CENTRAL INDEX KEY: 0001285043 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32922 FILM NUMBER: 09680743 BUSINESS ADDRESS: STREET 1: 120 NORTH PARKWAY STREET 2: P.O. BOX 1800 CITY: PEKIN STATE: IL ZIP: 61555-1800 BUSINESS PHONE: 309-347-9200 MAIL ADDRESS: STREET 1: 120 NORTH PARKWAY STREET 2: P.O. BOX 1800 CITY: PEKIN STATE: IL ZIP: 61555-1800 8-K 1 dp12821_8k.htm FORM 8-K
 

 
                                                                                                                                          


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported): March 9, 2009
 
AVENTINE RENEWABLE ENERGY HOLDINGS, INC.
(Exact name of registrant as specified in its charter)

Delaware
001-32922
05-0569368
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

120 North Parkway
Pekin, IL
 
61554
(Address of principal executive offices)
(Zip Code)

Registrant's telephone number, including area code: (309) 347-9200
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[  ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[  ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[  ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 

 
  Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment
 of Certain Officers; Compensatory Arrangements of Certain Officers.

(c)           On March 9, 2009, the Board of Directors (the “Board”) of Aventine Renewable Energy Holdings, Inc. (the “Company”) appointed George T. Henning, Jr. as Interim Chief Financial Officer of the Company, effective 5:00pm Eastern Time on March 16, 2009.

Mr. Henning, aged 67, has been retired since 2001.  During his retirement, Mr. Henning has served on several boards of governmental organizations and he currently serves as an elected trustee of The Pennsylvania State University and as vice chair of its Finance and Property Committee.  Mr. Henning has over 35 years experience in capital-intensive industries.  Mr. Henning’s career has included financial and management positions in the natural gas distribution, mining, chemical and steel industries.  Mr. Henning’s experience includes numerous positions with Eastern Gas and Fuel Associates, a holding company based in Boston, Massachusetts; the LTV Corporation based in Cleveland, Ohio and its predecessor companies including Lykes Corporation, Jones & Laughlin Steel Corporation and Youngstown Sheet and Tube Company; and Pioneer Americas Company, a Houston based chemicals company.

Pursuant to an offer letter dated March 5, 2009 (the “Offer Letter”), Mr. Henning will receive an annual base salary of $300,000 and will be eligible for a potential annual bonus as the Board may determine.  Mr. Henning will receive the Company’s standard director and officer liability coverage and corporate indemnification for all actions taken in his role as Interim Chief Financial Officer.  Mr. Henning will also receive the normal Company benefits for which he may be eligible and the Company will pay all reasonable costs directly related to his performance in the position of Interim Chief Financial Officer.  A copy of the Offer Letter is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 9.01  Financial Statements and Exhibits.

(a)           Financial statements of businesses acquired – Not Applicable

(b)           Pro forma financial information – Not Applicable

(d)           Exhibits
                                
  Exhibit No. Description
     
 
10.1
Offer Letter dated March 5, 2009 from the Company to George T. Henning, Jr.
 

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.
 
Dated:  March 13, 2009
 
AVENTINE RENEWABLE ENERGY HOLDINGS, INC.
 
   
       
By:
/s/ William J. Brennan
 
  Name:
William J. Brennan
 
  Title:
Principal Accounting Officer
 
 
 
 

 
EXHIBIT INDEX

                               
  Exhibit No. Description
     
 
10.1
Offer Letter dated March 5, 2009 from the Company to George T. Henning, Jr.
 
 

 
EX-10.1 2 dp12821_ex1001.htm EXHIBIT 10.1
 
 
Exhibit 10.1
 
 
 
 
 
 
March 5, 2009

George T. Henning, Jr.
1415 Circleville Rd.
State College, PA 16803

Dear George:

We are pleased to make the following offer to you to join Aventine Renewable Energy, Inc. as Interim Chief Financial Officer.

 
· 
Your annual base salary will be $300,000
 
· 
Tentative start date is March 9, 2009
 
· 
You will receive the normal Aventine benefits for which you may be eligible
 
· 
You will be eligible for a potential annual bonus as the Board of Directors may determine
 
· 
You will need to complete an employment application, submit to drug/alcohol testing, Bradley testing, and all other typical conditions of employment with Aventine
 
· 
You are entitled to one (1) week of paid vacation for the remainder of 2009 and will be granted such additional time off as appropriate for you to meet your Pennsylvania State University Board of Trustees obligations and participate in related activities
 
· 
In addition to the eight (8) paid company holidays, you are entitled to two (2) Personal Days
 
· 
As Interim CFO, you will receive Aventine’s standard Director and Officer liability coverage and corporate indemnification for all actions taken in your role as Chief Financial Officer
 
· 
Aventine will also pay all reasonable costs directly related to your performance in this position; these costs include but are not limited to long distance phone charges, business meeting expenses, lodging, travel, entertainment, out-of-pocket business expenses and similar costs directly related to your performance in this position.  These expenses shall be compensated as such a rate as to avoid any negative personal tax implications for you.
     
If you are agreeable to these terms, please sign one copy and return in the enclosed envelope for our records.  Please note that this letter is for informational purposes only and is not considered an employment contract.

 
 

 
 
We are excited to offer this opportunity to you and the Aventine team is looking forward to working with you in your new position.

Sincerely,


Ronald H. Miller
President & CEO


Accepted:


/s/ George T. Henning, Jr.
George T. Henning, Jr.
 
 

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