NuStar CFO to retire; Shoaf selected as successor

NuStar Energy LP

NuStar Energy LP (NYSE: NS) reports that Steve Blank, executive vice president and CFO of NuStar Energy LP and NuStar GP Holdings, plans to retire from the company effective Dec. 31. The company’s board of directors has selected Tom Shoaf, NuStar’s controller, to serve as executive vice president and CFO upon Blank’s retirement.

Before becoming NuStar’s controller, Shoaf served in positions of increasing responsibility with Valero Energy Corp., eventually becoming director of finance. Shoaf started his career as an accountant with City Public Service, San Antonio’s energy utility company, after graduating with a bachelor of business administration degree in accounting from Abilene Christian University. In recognition of his experience and achievements over the years, Shoaf was named the Top Controller by the San Antonio Business Journal in 2012.

Jorge Del Alamo, NuStar’s assistant controller, has been promoted to vice president and controller. The company also announced that Amy Perry and Karen Thompson, both of whom serve as vice president and assistant general counsel at NuStar, will succeed Brad Barron, executive vice president and general counsel, when he becomes president and CEO on January 1, 2014.

Perry is being promoted to senior vice president, corporate secretary, and general counsel of corporate and commercial law. Thompson is being promoted to senior vice president and general counsel of litigation, regulatory and environmental.

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