Aug. 4, 2011
Oiltanking Partners, L.P.
(NYSE: OILT), announced today that
Randall J. Larson
has been appointed to serve on the board of directors of its general partner. Mr. Larson will serve as an independent director and as Chairman of the Audit Committee and a member of the Conflicts Committee of the board. In addition,
Gregory C. King
, who was appointed as an independent director of the board of directors of the general partner in
, will serve as Chairman of the Conflicts Committee and as a member of the Audit Committee.
Carlin G. Conner
, President, Chief Executive Officer and Chairman of the Board, stated, "We are excited that individuals with the industry experience and financial sophistication that both Greg and Randy possess have joined our leadership team. We look forward to working with Greg and Randy to help execute our growth strategy and deliver value to our unitholders."
Mr. Larson previously served as Chief Executive Officer of the general partner of TransMontaigne Partners L.P. from
, and as its Chief Financial Officer from
, and served as its Controller from
, Mr. Larson was a partner with KPMG LLP in its Silicon Valley and National (
New York City
) offices. From
, Mr. Larson served as a Professional Accounting Fellow in the Office of Chief Accountant of the Securities and Exchange Commission. Mr. Larson has been a director of the general partner of MarkWest Energy Partners, L.P. since
Gregory C. King
began serving as a member of the board of directors of our general partner in connection with the completion of our initial public offering in
. Mr. King previously served as President of Valero Energy Corporation from
. Mr. King served as Executive Vice President and General Counsel of Valero Energy from
, and as Executive Vice President and Chief Operating Officer from
. Prior to that, he served as Senior Vice President and Chief Operating Officer of Valero Energy from 1999 to
. He became Vice President and General Counsel of Valero Energy in 1997, and prior to that was a Partner in the
-based law firm of Bracewell & Giuliani. He has been a director of Range Fuels, Inc. since
January 1, 2002
until July, 2006, Mr. King served as director of Valero GP, LLC (currently known as NuStar GP, LLC), the general partner of Valero L.P. (currently known as NuStar Energy L.P.).
is a master limited partnership engaged in independent storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. We provide our services to a variety of customers, including major integrated oil companies, distributors, marketers and chemical and petrochemical companies. Our assets are located along the upper Gulf Coast of
the United States
. For more information, visit
, Chief Financial Officer
DRG&L / 713-529-6600
SOURCE Oiltanking Partners, L.P.