Company News

CrossAmerica Appoints Chief Accounting Officer

Stellato previously was with Energy Transfer Partners

ALLENTOWN, Pa. -- The board of directors of CrossAmerica GP LLC, the general partner of CrossAmerica Partners LP, has appointed Steven Stellato as vice president and chief accounting officer of the general partner, effective June 4.

CrossAmerica Energy Transfer Partners (CSP Daily News / Convenience Stores / Gas Stations)

Stellato served as vice president and controller of Energy Transfer Partners LP (ETP) from 2009 to 2015. Prior to joining ETP, he was senior manager at the public accounting firm of KPMG LLP from 2001 to 2009, focusing on clients in the energy industry. Prior to joining KPMG, Stellato held various management positions with a large retail grocery company in South Texas for more than 10 years.

Dallas-based ETP is a master limited partnership (MLP) that owns 100% of Sunoco Inc. and 100% of Susser Holdings Corp. Additionally, ETP owns the general partner, 100% of the incentive distribution rights and approximately 43% of the limited partner interests in Sunoco LP, formerly Susser Petroleum Partners LP. ETP's general partner is owned by ETE. CrossAmerica Partners, Allentown, Pa., is a leading wholesale distributor of motor fuels and owner and lessee of real estate used in the retail distribution of motor fuels. Its general partner, CrossAmerica GP LLC, is a wholly owned subsidiary of San Antonio-based CST Brands Inc., one of the largest independent retailers of motor fuels and convenience-store merchandise in North America.

Formed in 2012, CrossAmerica Partners distributes fuel to more than 1,100 locations and owns or leases nearly 750 sites in 21 states: Pennsylvania, New Jersey, Ohio, Florida, New York, Massachusetts, Kentucky, New Hampshire, Maine, Tennessee, Maryland, Delaware, Illinois, Indiana, West Virginia, Virginia, Texas, Minnesota, Michigan, Wisconsin and South Dakota.

The partnership has long-term established relationships with several major oil brands, including ExxonMobil, BP, Shell, Chevron, Sunoco, Valero, Gulf and CITGO. CrossAmerica Partners ranks as one of ExxonMobil`s largest distributors by fuel volume in the United States and in the top 10 for additional brands.

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