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NuStar GP Holdings Announces Election Of New Director

Stocks in this article: NSH

The board of directors of NuStar GP Holdings (NYSE: NSH) has nominated Jelynne LeBlanc Burley for a position on the company’s board. The election will occur at the company’s Annual Meeting of Unitholders at 10:30 a.m. (CT) Wednesday, April 24 at NuStar’s corporate office at 19003 IH-10 West in San Antonio.

Burley is Executive Vice President-Corporate Support Services and Chief Administrative Officer of CPS Energy, the nation’s largest municipally owned energy company providing both natural gas and electric service to the San Antonio area.

"Jelynne will be a great asset to our board because of her experience in the energy industry, her strong leadership skills and her sound business judgment,” said Bill Greehey, chairman of the board of NuStar GP Holdings. “As NuStar undertakes its most ambitious plan for growth, Jelynne’s experience overseeing strategic planning, developing and managing budgets, leading multi-million-dollar construction projects, and managing hundreds of employees will be invaluable.”

Burley joined CPS in 2008 as Senior Vice President & Chief Administrative Officer, and was subsequently named Acting General Manager and promoted to her current position as Executive Vice President & CAO. During her tenure, Burley has helped ensure the utility company’s future viability, prosperity and long-term success in terms of financial strength, environmental stewardship and community support by helping to establish strategic partnerships and alliances. A few of her achievements include helping to set the organization’s new strategic direction, re-establishing a stable outlook from the bond rating agencies, strengthening public trust in the utility, and obtaining unanimous approval for a new rate structure.

Prior to joining CPS, Burley spent nearly 25 years in various leadership positions with the City of San Antonio, which is the 7 th largest city in the U.S. She spent six years serving as Assistant City Manager and then Deputy City Manager where she directed everything from Planning & Development, Public Works and International Affairs, to Economic Development, Information Services and Housing and Neighborhood Services.

Before joining the City Manager’s Office, Burley served as the city’s Director of Facilities Planning and Construction, and she held positions of increasing responsibility in project management and budget and management.

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