Oiltanking Partners, L.P. (Oiltanking) said in a press release Tuesday 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, Ship & Bunker reports.
A refining industry veteran of 34 years, the former Senior Vice President of Sunoco Refining will also serve on the board of directors of Oiltanking's general partner.
"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," said Conner.
"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," he added.
Carlin Conner has assumed the role of Managing Director of Oiltanking GmbH and joined the Executive Board of Marquard & Bahls AG.
According to the press release, he will remain Chairman of the board of the general partner of Oiltanking.
Last month Chemoil Energy Limited said is to sell its Jurong Island, Singapore storage facility to Germany's Oiltanking GmbH for $285 million.
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