Steven G. Twele will retire as vice president and CFO of the general partner of World Point Terminals LP, the company said June 30. The retirement is effective Oct. 1.
Twele will remain a director and consultant to the partnership and its controlling shareholders, including the transition of responsibilities.
The company said his retirement is not related to financial disclosures, accounting or legal matters.
“We appreciate all of Steve’s hard work during his tenure and wish him the best in retirement,” said Paul A. (Tony) Novelly, chairman and CEO of the general partner.
Also, World Point said Jonathan (JQ) Affleck was appointed by the board to replace Twele in the roles, also effective Oct. 1.
Since 2013, Affleck has been general counsel. Prior to joining World Terminal, he was an associate in the New York office of Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates.
He has a bachelor’s degree from Vanderbilt University, a law degree from George Washington University Law School and an executive degree in taxation from New York University School of Law.
St. Louis-based World Point Terminals LP is an MLP that owns, acquires and develops terminals and other storage for refined products and crude oil.
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