SAN ANTONIO--(BUSINESS WIRE)--Mar. 12, 2012--
NuStar Energy L.P. (NYSE: NS) announced today that the company’s Board
of Directors approved five senior executive promotions and the addition
of a new senior executive.
The company’s four most senior officers, Brad Barron, Steve
Blank, Rick Bluntzer and Mary Rose Brown, have all been
promoted from Senior Vice President to Executive Vice President, and Tom
Shoaf, Vice President and Controller, has been promoted to Senior
Vice President and Controller. NuStar also announced that Doug Comeau has
joined the company as Senior Vice President of Corporate Development and
“We are very excited about bringing aboard Doug and promoting several of
our senior leaders in recognition of their leadership, hard work,
dedication to the company and the important role each of them has played
and continues to play in the growth and development of NuStar,” said
Curt Anastasio, president and CEO of NuStar Energy L.P. “We have an
outstanding senior management team that will undoubtedly help NuStar
achieve even greater success in the years to come.”
Barron serves as Executive Vice President and General Counsel and
oversees all aspects of the company’s legal division, assures compliance
with securities laws, oversees health, safety and environmental
compliance, and manages the real estate, right-of-way and customs and
trade compliance groups.
Blank serves as Chief Financial Officer, Executive Vice President and
Treasurer, and he supervises the Controller and oversees corporate
finance, external reporting, investor relations, risk management and
Bluntzer serves as Executive Vice President of Operations and oversees
NuStar’s extensive international pipeline, terminal and asphalt and
fuels refining operations in eight different countries.
Brown serves as Executive Vice President of Administration and is
responsible for the company’s corporate communications, government
relations, human resources, corporate services and aviation departments.
She is also responsible for overseeing NuStar’s charitable contributions
through the NuStar Foundation.
Shoaf oversees NuStar’s accounting and tax groups, and he recently took
on added responsibility for the budgeting, forecasting, credit, cash
management and Sarbanes-Oxley compliance functions.
Upon joining NuStar at the end of March, Comeau will integrate the
company’s strategic planning and corporate development groups and lead
the company’s efforts to more aggressively expand its business and
optimize its existing assets.
“While we remain committed to aggressive internal growth projects, we
are looking forward to escalating our efforts to expand our operations
through acquisitions and Doug is uniquely qualified to lead this
initiative,” Anastasio said. “The vast experience that he has gained
throughout his career will serve us well as he ramps up our corporate
Comeau has over 30 years of industry experience and most recently served
as Vice President and General Manager of Valero’s Benicia, Calif.
Refinery, where he was responsible for the refinery’s strategy, capital
and expense budget, operations, community affairs, maintenance, safety
and environmental compliance programs. His previous experience included
senior management positions ranging from operations management, to
strategic planning, to mergers and acquisition strategy, to capital
About NuStar Energy L.P.
NuStar Energy L.P. is a publicly traded, limited partnership based in
San Antonio, with 8,417 miles of pipeline; 89 terminal and storage
facilities that store and distribute crude oil, refined products and
specialty liquids; and two asphalt refineries and a fuels refinery with
a combined throughput capacity of 118,500 barrels per day. The
partnership's combined system has approximately 98 million barrels of
storage capacity. One of the largest asphalt refiners and marketers in
the U.S. and the second largest independent liquids terminal operator in
the nation, NuStar has operations in the United States, Canada, Mexico,
the Netherlands, including St. Eustatius in the Caribbean, the United
Kingdom and Turkey. For more information, visit NuStar Energy L.P.'s Web
site at www.nustarenergy.com.
Source: NuStar Energy L.P.
NuStar Energy L.P.