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HF Sinclair Corporation Announces Additions to its Executive Leadership Team
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
HF Sinclair Corporation (NYSE:DINO) has announced executive leadership changes alongside the promotion of Tim Go to Chief Executive Officer effective May 9, 2023. Valerie Pompa is now Executive Vice President, Operations, bringing over 30 years of experience from her role at Flint Hills Resources. Steve Ledbetter joins as Executive Vice President, Commercial, previously with Shell for 24 years, while Matt Joyce becomes Senior Vice President, Lubricants & Specialties after a notable tenure at Lubrizol. Tim Go expressed confidence in the leadership team's ability to drive HF Sinclair's operational and commercial growth.
Positive
Promotion of Tim Go to CEO could lead to strategic growth initiatives.
Valerie Pompa's extensive operations experience may enhance refinery efficiency.
Steve Ledbetter's background at Shell may open new commercial opportunities.
Matt Joyce's expertise in lubricants may strengthen product offerings.
Negative
None.
DALLAS--(BUSINESS WIRE)--
HF Sinclair Corporation (NYSE:DINO) (“HF Sinclair” or the “Company”) today announced that in connection with Tim Go’s previously announced promotion to Chief Executive Officer and President of HF Sinclair effective May 9, 2023, the following individuals have been added to its Executive Leadership Team.
Valerie Pompa has been promoted to Executive Vice President, Operations. Ms. Pompa has served as Senior Vice President, Refinery Operations for HF Sinclair since 2020 and has held various senior operations roles within the oil and gas industry for more than 30 years, including 17 years with Flint Hills Resources, LP.
Steve Ledbetter has joined HF Sinclair as Executive Vice President, Commercial. Prior to joining HF Sinclair, Mr. Ledbetter spent 24 years with Shell in various management roles, including President and Chief Executive Officer of Jiffy Lube International, and most recently, President and Chief Executive Officer of Shell Midstream Partners GP LLC.
Matt Joyce has joined the lubricants and specialty products segment of HF Sinclair as Senior Vice President, Lubricants & Specialties. Prior to joining HF Sinclair, Mr. Joyce spent 28 years with The Lubrizol Corporation in various leadership positions, including Vice President, Global Sales and Marketing, President, Lubrizol Japan and most recently, Vice President, Corporate Ventures.
“I am confident in the abilities of these three individuals and believe their proven track record will continue to drive forward HF Sinclair’s commercial and operational initiatives,” said Tim Go, President and incoming Chief Executive Officer.
About HF Sinclair Corporation: HF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. HF Sinclair supplies high-quality fuels to more than 1,500 branded stations and licenses the use of the Sinclair brand at more than 300 additional locations throughout the country. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries. Through its subsidiaries, HF Sinclair produces renewable diesel at two of its facilities in Wyoming and also at its facility in Artesia, New Mexico. HF Sinclair also owns a 47% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HF Sinclair subsidiaries.
Who are the new executives at HF Sinclair Corporation?
HF Sinclair Corporation has promoted Valerie Pompa to Executive Vice President, Operations, hired Steve Ledbetter as Executive Vice President, Commercial, and Matt Joyce as Senior Vice President, Lubricants & Specialties.
What is the significance of the executive changes at HF Sinclair?
The new executive appointments are intended to strengthen HF Sinclair’s operational and commercial initiatives under the leadership of the newly appointed CEO Tim Go.
When did Tim Go become CEO of HF Sinclair?
Tim Go was promoted to Chief Executive Officer of HF Sinclair effective May 9, 2023.
What experience does Valerie Pompa bring to her new role?
Valerie Pompa has over 30 years in the oil and gas industry, previously serving as Senior Vice President, Refinery Operations.
What prior roles did Steve Ledbetter hold before joining HF Sinclair?
Steve Ledbetter spent 24 years at Shell, including roles as President and CEO of Jiffy Lube International and Shell Midstream Partners.
