Daniel J Oh, CEO and President of Renewable Energ…, purchased 1,000 shares of Renewable Energy (Stock Symbol: REGI) at $11.26 per share for a total amount of $11.3 thousand on March 10, 2014.
Renewable Energy is based in Ames, Iowa.
On 02/20/2014, Renewable Energy is increasing its outreach to public and institutional investors with the hiring of Todd Robinson as Director, Investor Relations, the company announced today.
On 02/27/2014, Renewable Energy announced its latest annual results. For the full year 2013, compared to 2012 REG sold 37% more gallons of biodiesel, increased revenue by 48%, increased its gross profit to 16% from 6%, and increased its Adjusted EBITDA by 54%.
According to Capital IQ, Renewable Energy has a market cap of $465.14 million, an enterprise value of $357.11 million, and trailing 12 month revenues of $1.5 billion.
Renewable Energy Group, Inc. produces and sells advanced biofuels and renewable chemicals in the United States. The company operates through two segments, Biodiesel and Services. The Biodiesel segment is involved in acquiring feedstock, managing construction, and operating biodiesel production facilities; and marketing, selling, and distributing biodiesel and its co-products. This segment produces biodiesel from various feed stocks, including inedible corn oil, used cooking oil, and inedible animal fat; and from virgin vegetable oils, such as soybean oil or canola oil. It is also involved in the purchase and resale of biodiesel and raw material feedstocks acquired from third parties; and sale of glycerin, free fatty acids, and other co-products of the biodiesel production process. The Services segment provides biodiesel facility management and operational services to biodiesel production facilities and other clean-tech companies, as well as acts as a construction management and general contractor for the construction of biodiesel production facilities. Renewable Energy Group, Inc. was founded in 1996 and is headquartered in Ames, Iowa.
Daniel J Oh’s most recent annual compensation from Renewable Energy is a salary of $660,262, $1,613,490 in other compensation, and a total compensation of 2,273,750. Mr. Oh is 48 years old.
According to his biography, Mr. Daniel J. Oh serves as President, Chief Executive Officer, Director of Renewable Energy Group Inc. Mr. Oh served as our Chief Operating Officer from June 2007 to September 2011, our Chief Financial Officer and Executive Vice President from June 2006 to June 2007 and as Secretary from August 2006 until March 2009. From May 2004 to May 2006, Mr. Oh served at Agri Business Group, Inc., or ABG, an agribusiness management consulting firm, including as Associate Director, Director and Vice President. Prior to joining ABG, Mr. Oh served in several different positions, including Senior Financial Analyst, Financial Team Member and Manager, in the Corporate Finance and Investment Banking area of the Corporate Strategy and Business Development Group at Eli Lilly and Company, a global pharmaceutical company, from August 2001 to May 2004. From 2000 to August 2001, Mr. Oh served as a consultant with McKinsey & Company, a leading consulting firm, where he focused on the pharmaceutical industry. From 1987 to 1998, Mr. Oh served as an officer in the United States Army, earning the rank of Major. Mr. Oh holds an M.B.A. from the University of Chicago with concentrations in finance, accounting and strategic management, as well as a B.S. with a concentration in economics from the United States Military Academy. Mr. Oh serves as a director for the Ames Economic Development Commission. Mr. Oh’s employment agreement with us provides that he will serve as a director.
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