Alto Ingredients, Inc. announced the following executive leadership changes as of August 1, 2023: Bryon T. McGregor, the company?s former Chief Financial Officer, has been appointed President. He succeeds Michael D. Kandris, who has retired as President and has been appointed Interim Chief Operating Officer for a period of up to a year. Kandris will continue to serve as a Director of the company.

McGregor, named President and Chief Executive Officer, joined the company in 2008 as Vice President Finance/Treasurer and was later appointed Chief Financial Officer in 2009. During his tenure as Chief Financial Officer, McGregor has led multiple financings, raising over $640 million for the company; integrated two acquisitions, increasing the company?s production capacity by three-fold; strengthened the company?s balance sheet and implemented cost reduction programs. With over 35 years? experience, he has developed expertise in business development, project development, corporate planning, M&A, risk management, corporate and international finance, investor relations, treasury operations and accounting.

Prior to joining the company, McGregor was Brokerage Treasurer for E*TRADE Financial, overseeing Europe and Asian treasury operations. As Manager, Global Head of Project Finance at BP (formerly ARCO, one of the top 10 fully integrated multi-national oil and gas companies in the world at that time), McGregor was responsible for the development of and managing investments in global industrial and infrastructure projects, including a multi-billion dollar LNG project in Indonesia, a $3 billion heavy-oil project in Venezuela, over $1 billion in regasification and natural gas pipeline projects, and over $1 billion in various other energy and chemical investments located both domestically and internationally. When at Credit Suisse, he developed limited-recourse financing opportunities globally in excess of $8 billion in energy, mining, petrochemical, infrastructure and telecommunications, as well as facilitated M&A for clients.

McGregor has a B.S. degree in Business Management from Brigham Young University. Kandris, named Interim Chief Operating Officer, has served the company for over 15 years. Originally an independent contractor with the company focusing on plant operations, Kandris became a member of the company?s board of directors in 2008, began serving as Chief Operating Officer in 2013, and served as President and Chief Executive Officer from 2020 until retiring from those roles in 2023.

He has over 40 years of general management experience in the transportation and logistics including serving as President of Ruan Transportation Management Systems (RTMS) prior to joining Alto. Additionally, Kandris served on the Executive Committee of the American Trucking Association and as a board member for the National Tank Truck Organization. Kandris has a B.S. degree in Business from California State University, Hayward.