SAN ANTONIO, Jan. 24, 2014 /PRNewswire/ -- Valero Energy
Partners LP (NYSE: VLP), a master limited partnership formed in
December 2013 by Valero Energy
Corporation ("Valero"), recently appointed two independent members
to the board of directors of its general partner. New members
Bob Beadle and Tim Fretthold join independent member
Randy Larson. The appointment brings
the total number of board members to seven, including three
independent members.
Beadle retired from Valero as a Corporate Senior Vice President
in 2006. He joined Diamond Shamrock Corporation in 1976, and served
in various sales, marketing and business management positions, as
well as in strategic planning and development. In 1987, Beadle was
elected Corporate Vice President of Diamond Shamrock Inc., and held
other executive responsibilities there and at successor companies.
He joined Valero in 2002, with its acquisition of Ultramar Diamond
Shamrock.
Fretthold previously served as Executive Vice President/Chief
Administrative & Legal Officer of Ultramar Diamond Shamrock,
from 1997 to 2002. He had served as Senior Vice President/Group
Executive & General Counsel of Diamond Shamrock Inc., from 1987
to 1996. With predecessor Diamond Shamrock Corporation, from 1977
to 1987, he held positions including Corporate Attorney and
Assistant Secretary, Senior Counsel and Corporate Secretary, and
Corporate Vice President-Human Resources & Corporate
Secretary.
"Bob and Tim are outstanding additions to the board of
directors, and we're pleased to welcome them," said Bill Klesse, Chairman of the Board of both the
general partner and Valero. "They bring a wealth of experience and
knowledge."
In addition to the three independent directors and Klesse, other
directors include: Joe Gorder,
Valero's President and Chief Operating Officer, who also
serves as the partnership's Chief Executive Officer; Rich Lashway, Valero's Senior Vice
President-Commercial Development and Logistics Operations, who also
serves as the partnership's President and Chief Operating Officer;
and Donna Titzman, Valero's Senior
Vice President and Treasurer, who also serves as the partnership's
Senior Vice President, Chief Financial Officer and Treasurer.
Independent director Larson also serves as a director of the
general partner of Oiltanking Partners LP and of MarkWest Energy
Partners LP, and served as Chief Executive Officer of the general
partner of TransMontaigne Partners LP from September 2006 to August
2009.
About Valero Energy Partners LP
Valero Energy Partners
LP is a fee-based, growth-oriented, traditional master limited
partnership formed by Valero Energy Corporation to own, operate,
develop and acquire crude oil and refined petroleum products
pipelines, terminals and other transportation and logistics assets.
With headquarters in San Antonio,
Valero Energy Partners' assets include crude oil and refined
petroleum products pipeline and terminal systems in the Gulf Coast
and Mid-Continent regions of the United
States that are integral to the operations of Valero's
refinery located in Port Arthur,
Texas, its McKee refinery located in Sunray, Texas, and its refinery located in
Memphis, Tennessee.
Contacts
Investors: John
Locke, 210-345-3077
Media: Bill Day, 210-345-2928
(Logo:
http://photos.prnewswire.com/prnh/20131202/DA25769LOGO)
SOURCE Valero Energy Partners LP