HOUSTON—BP Midstream Partners LP announced the following changes in officers and directors on Oct. 8:
- Brian Smith decided to retire from his position as a director of the BP Midstream Partners GP LLC effective on Oct. 8.
- Jack Collins was appointed a director of the general partner on Oct. 8, taking over the role vacated by Smith.
- Gerald Maret has decided to retire from his position as COO effective Dec. 31.
- David Kurt was appointed Co-COO of the general partner on Oct. 1. Kurt’s title will change to COO as of Dec. 31, replacing Maret.
- Craig Coburn has decided to retire from his position as a director and CFO of the general partner at the end of February. Collins is expected to succeed Coburn as the general partner’s CFO. Coburn and Collins will work together between now and the end of February to ensure an orderly transition.
The retirements of Smith, Maret and Coburn were not due to any disagreement with the general partner or the partnership on any matter relating to the partnership’s operations, policies or practices. The timing of these announcements is related to BPMP’s sponsor, BP, previously announcing it would reorganize and reduce its workforce to become a more focused, integrated energy company to deliver its new ambition and strategy.
Commenting on the announcements, Chairman and member of the board of directors of the general partner Douglas Sparkman said: “On behalf of the board, I would like to thank Brian, Gerald and Craig for all they have done for the General Partner and BPMP. We welcome Jack to the board and look forward to working with him as director and Chief Financial Officer. We also welcome David Kurt as Chief Operating Officer. Both Jack and David bring extensive experience and capabilities that will contribute to maintaining our governance, operating and financial stewardship of BPMP.”
Collins, 45, has served as president of BPX Energy since July 2020, prior to which he served as senior vice president and CFO of BPX Energy from December 2014. Prior to joining BPX Energy, Collins held various executive roles in finance and investor relations, including at Denbury Resources Inc. and PostRock Energy Corp. He has more than 20 years’ experience across the energy sector. Collins has a bachelor of arts in economics from the University of Colorado and completed the Advanced Management Program at Harvard Business School.
Kurt, 52, has served as refinery manager of the Whiting refinery since May 2020. He is responsible for all aspects of safety, operational and financial performance of the refinery. Kurt has held various positions at Whiting refinery, including as health, safety, security and environment manager from 2019 to 2020, production manager from 2017 to 2019, and business improvement manager from 2015 to 2017. Kurt joined BP in 1996 and has a bachelor of science in agricultural engineering and a master of business administration from Ohio State University.
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