SAN ANTONIO -- Tesoro Corp.'s board of directors has named Dan Porter as senior vice president of supply and optimization.
Porter reports to Tesoro's executive vice president and COO Bill Finnerty. Prior to his new position, Porter was senior vice president of marketing. A replacement for Porter has not yet been named. It will likely be a few weeks before an announcement is made, Tesoro spokesperson Sarah Phipps told CSP Daily News.
Since joining Tesoro in 2001 when we acquired our Mandan and Salt Lake City refineries from BP/[image-nocss] Amoco, Dan has made a significant contribution to our operations and business strategy. His in-depth knowledge of all aspects of the refining and marketing industry coupled with his excellent leadership skills have made him a valuable member of our senior leadership team, said Finnerty.
Porter joined Tesoro in 2001 as regional president of Tesoro's Northern Great Plains Region and refinery manager for Tesoro's Mandan, N.D., refinery. He also has held positions as Anacortes refinery manager and his most current role as senior vice president of marketing.
Prior to joining Tesoro, Porter worked in a variety of key management positions with BP/Amoco and Standard Oil of Ohio. Porter has more than 28 years of experience in refining, marketing and supply and distribution.
San Antonio-based Tesoro made several other personnel changes. The board has named Greg Wright as executive vice president and chief administrative officer. Wright reports to Tesoro chairman, president and CEO Bruce A. Smith.
Prior to his new role, Wright held the position of CFO since 2000.
Wright joined Tesoro in 1995 as vice president of financial resources and treasurer. Wright has 35 years of experience in the energy industry in various positions in accounting, finance, business development and strategy.
The board has elected Otto C. Schwethelm as vice president and CFO. He will report to Wright. Prior to his new role, Schwethelm held the position of vice president of finance and treasurer.
Schwethelm will be responsible for overseeing Tesoro's finance, treasury, controller, investor relations, procurement and information technology functions.
He joined Tesoro in 1998 as a manager of economics in the supply and optimization organization. He has also served as vice president of development and business analysis and vice president of shared services, a department he started before being named vice president and controller in 2003. In March 2006, Schwethelm was named vice president of finance and treasurer. Schwethelm has more than 19 years of experience in the oil industry including seven years of international experience with Saudi Aramco.
And the board has named Phillip Anderson as vice president and treasurer, reporting to Schwethelm.
Prior to his promotion, Anderson was director of finance and treasury.
Phil has held various positions within Tesoro including roles in investor relations, strategy, business development and supply and optimization that have prepared him for the responsibility of overseeing the company's finance and treasury functions, said Schwethelm.
Anderson joined Tesoro in 1998 as manager of corporate development. Prior to joining Tesoro, Anderson worked in a variety of finance roles at Ford Motor Co. for eight years.
Tesoro operates seven refineries in the western United States with a combined capacity of approximately 660,000 barrels per day. Its retail-marketing system includes more than 880 branded retail stations, of which more than 460 are company-owned stations.
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