Global Partners Mourns the Loss of Executive Vice President and General Counsel Edward J. Faneuil
Global Partners LP (NYSE: GLP) announced the sudden passing of Edward J. Faneuil, its Executive Vice President, General Counsel, and Secretary, who died on May 17, 2021, at the age of 68. Faneuil was a key figure in the company for three decades, instrumental in guiding its legal and regulatory departments and managing its 2005 initial public offering. His leadership and mentorship significantly contributed to the success of Global Partners. The company expressed deep condolences to his family and acknowledges his immense impact on the organization.
- Edward J. Faneuil was a vital member of Global Partners for three decades, contributing to the company's success.
- Faneuil managed the legal aspects of the successful 2005 IPO for Global Partners.
- The unexpected death of Edward J. Faneuil may create leadership challenges and uncertainties within the company.
It is with profound sadness that Global Partners LP (NYSE: GLP) today announced that Edward J. Faneuil, the Partnership’s Executive Vice President, General Counsel and Secretary, died suddenly on May 17, 2021. He was 68.
“Eddie was a treasured colleague, friend and member of the Global family for three decades, and we are deeply saddened by his unexpected passing,” said Richard Slifka, Chairman of the Board of Directors of the Partnership’s general partner, Global GP LLC. “His knowledge, experience and leadership were integral in guiding and growing our business and our team.”
Eric Slifka, President and CEO of Global Partners, said, “Yesterday we lost a legend. Eddie was tough in business but had a compassionate way of turning strangers into friends and family. He was an exceptionally talented attorney who mentored many young lawyers and gave generously of his time. Through his energy and dedication, Eddie helped to build the foundation for Global’s success—we are fortunate to have worked with him. We extend our deepest sympathies and support to Eddie’s wife and family and all those who loved him like family.”
Mr. Faneuil, who had been employed with the Global family of companies since 1991, oversaw the Partnership’s legal and regulatory departments. In addition, he managed the legal aspects of Global Partners’ successful 2005 initial public offering on the New York Stock Exchange as well as the Partnership’s subsequent financial transactions. From 1981 to 1991, Mr. Faneuil was a partner at Samek & Faneuil, a Boston-based general practice law firm with an emphasis on mergers and acquisitions and real estate transactions.
Mr. Faneuil was a member of the Massachusetts Bar Association and the Association of Corporate Counsel, and served on the board of directors of the New England Fuel Institute and the Independent Oil Marketers Association.
About Global Partners LP
With approximately 1,550 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.
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