TransMontaigne Partners LP (TLP) announced that Charles Dunlap notified TLP of his intention to retire from his position as CEO of the company’s general partner and as president, CEO and member of the board of directors of TransMontaigne Inc., and the other subsidiaries of TLP and TransMontaigne Inc. All retirements will be effective Nov. 7. The company’s general partner is responsible for managing the operations and activities of TLP because TLP does not have its own officers or employees.
The board of directors of the general partner appointed Frederick W. Boutin to serve as CEO, effective Nov. 7. Boutin was also appointed to serve as the president and CEO of TransMontaigne Inc., effective the same date.
The board also appointed Robert Fuller to serve as the executive vice president, CFO, chief accounting officer and treasurer of the general partner and executive vice president, CFO and treasurer of TransMontaigne Inc., effective Nov. 7.
Recommended Reading
Mighty Midland Still Beckons Dealmakers
2024-04-05 - The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.
Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing
2024-04-23 - Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.
Life on the Edge: Surge of Activity Ignites the Northern Midland Basin
2024-04-03 - Once a company with low outside expectations, Surge Energy is now a premier private producer in one of the world’s top shale plays.
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
2024-04-18 - Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
2024-03-18 - Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.