World Fuel Services Corporation Names John L. Manley to the Board of Directors
October 13 2010 - 8:15AM
Business Wire
World Fuel Services Corporation (“World Fuel Services” or the
“Company”) (NYSE: INT) announced today that it has appointed John
L. Manley to the Board of Directors of the Company.
Mr. Manley, 62, retired from Deloitte & Touche LLP
(“Deloitte”) in 2009 after more than 27 years as a partner, the
last three years of which Mr. Manley was Managing Partner of
Deloitte’s Northeast Region Audit and Enterprise Risk Services
Practice. While at Deloitte, Mr. Manley was also a member of the
Northeast Region’s Executive Committee, Deloitte’s Audit and
Enterprise Risk Services Executive Committee and Deloitte’s Board
of Directors. Mr. Manley founded and was the National Director of
Deloitte’s Regulatory Consulting Practice, which included practices
in financial services, health care, government contracting, energy
and utilities. Before joining Deloitte, Mr. Manley had seven years
of regulatory experience with the Securities and Exchange
Commission and the Commodity Futures Trading Commission (“CFTC”),
including serving as the Chief Accountant and Director of the
Division of Trading and Markets of the CFTC.
“John brings tremendous experience and specialized expertise to
our board and we are delighted to have him join the team,” said
Paul H. Stebbins, Chairman and Chief Executive Officer. Tom Presby,
the Company’s lead independent director, stated that, “John’s deep
understanding of today’s financial, accounting and regulatory
environment will be invaluable to our fast growing global
company.”
Mr. Manley will serve as a member of the Audit and Governance
committees.
About World Fuel Services
Corporation
Headquartered in Miami, Florida, World Fuel Services is a global
leader in the marketing and sale of marine, aviation and land fuel
products, as well as related services. World Fuel Services sells
fuel and delivers services to its clients at more than 6,000
locations in 200 countries, including airports, seaports, tanker
truck loading terminals and other customer storage locations. With
44 strategically located global offices, World Fuel Services offers
its clients a value-added outsource service for the supply, quality
control, logistical support and price risk management of marine,
aviation and land fuel.
The Company’s global team of market makers provides deep domain
expertise in all aspects of marine, aviation and land fuel
management. World Fuel Services’ marine customers include
international container and tanker fleets and time-charter
operators, as well as the United States and foreign governments.
Aviation customers include commercial airlines, cargo carriers and
corporate clientele, as well as the United States and foreign
governments. Land customers include petroleum distributors, retail
petroleum operators, and industrial, commercial and government
accounts. For more information, call 305-428-8000 or visit
http://www.wfscorp.com.
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