Palace coup at Aventine; CEO Miller resigns, interim CEO appointed as bankruptcy bites

In Illinois, Aventine Renewable Energy announced the resignation of its CEO, Ron Miller, effective October 23, 2009. Aventine appointed George T. Henning, Jr. as Interim CEO; Henning has served as Interim CFO since March 2009 and will retain that position.  According to an Aventine statement.

“The Board’s decision to appoint Mr. Henning as Interim CEO is supported by the Bankruptcy lenders under the Company’s senior secured debtor-in-possession financing facility and the  holders of the majority of the Company’s pre-petition unsecured notes.” COO Daniel R. Trunfio current Chief Operating Officer, will retain his position and will be assume additional responsibilities.

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