Alto Ingredients Announces Board Resignation, Plans to Seek New Director Amid Financial Challenges

Alto Ingredients announced the resignation of Jeremy Bezdek from its Board of Directors due to his new position at The Lifetime Group. Bezdek's resignation was effective November 24, 2025, and Alto is seeking a new independent director. The company operates in the Basic Materials sector and has been experiencing financial difficulties, including negative profitability and a distressed Altman Z-Score. Alto Ingredients has a market capitalization of $189.49 million and is trading on the NASDAQ exchange.