PHILADELPHIA -- Sunoco Inc. has announced that effective July 9, 2007, Joel H. Maness has stepped down as executive vice president, refining and supply. He will continue to be employed by the company on a part-time basis as strategic advisor on refining and supply issues reporting directly to John G. Drosdick, chairman, CEO and president. Maness had expressed his desire to spend more time with his family and on personal interests and this change will enable him to do that.
Maness joined Sunoco in 2000 as senior vice president in charge of Northeast refiningand [image-nocss] chemicals. Prior to that, he spent 27 years at Mobil, where he held a variety of assignments in health, environmentaland safety, refining, marketing, supply and finance.
Drosdick said, "We have benefited greatly from Joel's leadership and dedication over the past seven years. I am pleased that we have worked out an arrangement that will allow him more personal time while he remains available to us to continue providing his extraordinary industry knowledge and expertise in support of our long-term strategy."
In related actions, Michael J. Hennigan, senior vice president of supply, trading, sales and transportation and Vincent J. Kelley, senior vice president of refining, each of whom currently report to Maness, will report directly to Drosdick.
Sunoco, Philadelphia, is a manufacturer and marketer of petroleum and petrochemical products. With 900,000 barrels per day of refining capacity, nearly 4,700 retail sites selling gasoline and convenience items, approximately 5,500 miles of crude oil and refined product owned and operated pipelines and 38 product terminals, Sunoco is one of the largest independent refiner-marketers in the United States.
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