This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Oiltanking Partners, L.P. Names New Chief Executive Officer

HOUSTON, Nov. 6, 2012 /PRNewswire/ --  Oiltanking Partners, L.P. (NYSE: OILT) (the "Partnership") today announced that Anne-Marie Ainsworth has been selected to succeed Carlin Conner as President and Chief Executive Officer of its general partner, effective November 26, 2012.  Ms. Ainsworth will also serve on the board of directors of Oiltanking's general partner. As previously announced, Carlin Conner has assumed the role of Managing Director of Oiltanking GmbH and joined the Executive Board of Marquard & Bahls AG.   Mr. Conner will remain Chairman of the board of the general partner of the Partnership.    

"On behalf of our Board of Directors and the Partnership, I am extremely pleased to welcome Anne-Marie to Oiltanking," Carlin stated.  "After a thorough search for my replacement, we believe that Anne-Marie is the ideal person to lead Oiltanking as we continue to execute the numerous growth opportunities before us.  Her many years of experience in the energy industry provides her a unique understanding of our customers' needs and the changing dynamics of our markets that are creating growth opportunities for Oiltanking. We look forward to benefitting from her leadership qualities and broad management expertise.  I am confident that under Anne-Marie's leadership, Oiltanking will continue to be one of the best in class limited partnerships positioned with a compelling growth story and a stable and growing distribution to its unitholders," added Conner.

A refining industry veteran with 34 years of experience, Ms. Ainsworth was most recently Senior Vice President of Sunoco Refining.  Prior to joining Sunoco, Anne-Marie was employed by Motiva Enterprises, LLC, where she was the General Manager of the Motiva refinery in Norco, Louisiana.

Ms. Ainsworth holds a Master's degree in Business Administration from Rice University and a Bachelor's degree in Chemical Engineering from the University of Toledo.

Oiltanking Partners 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 Gulf Coast of the United States.  For more information, visit www.oiltankingpartners.com.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs