Benson Hill Says Matt Crisp Resigns As CEO, Effective Immediately; Names Adrienne Elsner Interim CEO
Portfolio Pulse from Benzinga Newsdesk
Benson Hill (BHIL) announced the immediate resignation of CEO Matt Crisp, with Adrienne Elsner named as interim CEO. Crisp will serve as a consultant to the Board for 12 months. The company also appointed Richard Mack as an Independent Director.
June 16, 2023 | 11:04 am
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Benson Hill's CEO Matt Crisp resigns, and Adrienne Elsner is appointed as interim CEO. Richard Mack joins as an Independent Director.
The immediate resignation of CEO Matt Crisp may cause uncertainty among investors, but the appointment of Adrienne Elsner as interim CEO and Richard Mack as an Independent Director should help stabilize the situation. The company is also initiating a search for a permanent CEO, which may further impact the stock in the short term. Overall, the impact on BHIL's stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100