Pacific Ethanol CEO Koehler to retire

The CEO of renewable fuel company Pacific Ethanol Inc. announced he will retire at the end of September from the Sacramento region’s largest publicly traded company.

Pacific Ethanol (Nasdaq: PEIX) also announced that it successfully deferred a $2.5 million interest payment due at the end of May for another three weeks, and that it’s increasing its alcohol production for hand sanitizer, which is a profitable business at a time when fuel ethanol is not.

CEO Neil Koehler’s retirement comes after…

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