Sunoco Announces New Chairman, Other Board Changes

Sunoco LP announced today the appointment of Matthew S. Ramsey as Chairman of the Board, succeeding Sam L. Susser, who has resigned from the Board to pursue other new business interests.

 

Ramsey has served as a director of Sunoco LP since August 2014, serving as chair of Sunoco LP's audit committee and serving on Sunoco LP's compensation committee. Ramsey also serves as a director of Energy Transfer Equity, L.P., and is chairman of the audit committee, as well as a member of the compensation committee. 

 

Susser has served as Chairman of the partnership since August 2014, when SUN's parent, Energy Transfer Partners, L.P., acquired Susser Holdings Corporation, together with the general partner of SUN.

 

The partnership also announced today the resignations of Marshall "Mackie" S. McCrea, Martin Salinas, Jr., and William "Bill" P. Williams from the Board.

 

As a result of their departures, James "Jim" W. Bryant and Richard "Dick" D. Brannon have been appointed to the Board. Bryant and Brannon previously served on the Board of Directors for Regency Energy Partners LP. Brannon also previously served on the Board of Directors for Sunoco LP.