An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
NuStar Energy L.P. Announces Addition of New Director
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
NuStar Energy L.P. (NYSE: NS) has elected Suzanne Wade to its board of directors. Wade brings extensive leadership experience, having previously held top executive roles at H-E-B and Wal-Mart, where she cultivated an employee-first culture. With a 22-year tenure at H-E-B, she oversaw a workforce of over 50,000 employees across more than 200 retail locations. Wade holds an MBA from the University of Oklahoma and completed the Harvard Business School Advanced Management Program. NuStar operates over 9,500 miles of pipeline and stores approximately 49 million barrels of liquids, reinforcing its position as a leading independent terminal operator.
Positive
Suzanne Wade's election could enhance the board's leadership with her extensive experience in employee-first cultures.
Her background in managing significant retail operations may bring valuable insights to NuStar's operational strategies.
Negative
None.
SAN ANTONIO--(BUSINESS WIRE)--
The board of directors of NuStar Energy L.P. (NYSE: NS) announced today the election of Suzanne Wade to the board.
“We are very fortunate to be bringing aboard Suzanne as she is a highly accomplished and distinguished business and civic leader with proven leadership skills, having held top executive positions at two of America’s premier companies,” said NuStar Chairman and CEO Brad Barron. “Suzanne brings a wealth of business acumen to our board, and we appreciate the fact that she has many years of experience overseeing an employee-first culture at H-E-B that is much like NuStar’s.”
Wade retired from H-E-B, Inc. in 2020. She served as president of H-E-B San Antonio’s Food and Drug Division, which encompassed over 200 retail stores and more than 50,000 employees. During her 22-year career with H-E-B, she also served as senior vice president of human resources and group vice president of sales, advertising and the Own Brand. She also served on the board of directors of H-E-B Grocery Co. L.P. Prior to her years at H-E-B, Wade spent 11 years at Wal-Mart Stores, Inc. where she served as senior vice president of human resources and senior vice president of membership, marketing and administration for Sam’s Club. She currently serves on the board of directors of NatureSweet Ltd. and the San Antonio Area Foundation. And she is the current board chair for the Young Women’s Leadership Academy, a Blue Ribbon all-girls school within the San Antonio Independent School District.
She has served as an advisory member for several business college boards, including Brigham Young University, James Madison University, the University of Texas San Antonio and the University of Texas Pan American. She has served in leadership positions for numerous nonprofit advisory boards. She is the past chair of the United Way Women’s Leadership Council, founding chair of the San Antonio American Heart Association Circle of Red and founding chair of Teach for America, San Antonio Region. She also served on the National Board of Girl Scouts USA.
Wade received an MBA from the University of Oklahoma in 1993 and completed the Harvard Business School’s Advanced Management Program in 2000.
About NuStar
NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. The partnership’s combined system has approximately 49 million barrels of storage capacity, and NuStar has operations in the United States and Mexico. For more information, visit NuStar Energy L.P.’s website at www.nustarenergy.com and its Sustainability page at https://sustainability.nustarenergy.com/.
What impact will Suzanne Wade's election have on NuStar Energy L.P. (NYSE: NS)?
Suzanne Wade's election is expected to strengthen NuStar's leadership with her extensive experience in fostering an employee-first culture.
What is Suzanne Wade's background before joining NuStar Energy L.P. (NYSE: NS)?
Prior to joining NuStar, Suzanne Wade served as president of H-E-B's Food and Drug Division and held senior roles at Wal-Mart, focusing on human resources and operations.
When was Suzanne Wade elected to the board of NuStar Energy L.P. (NYSE: NS)?
Suzanne Wade was elected to the board of NuStar Energy L.P. on the date of the press release, which was published on February 15, 2023.
