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Posted 25 September, 2023

Magellan Midstream Partners, L.P. appointed new CEO

CEO Change detected for ticker NYSE:MMP in a 8-K filed on 25 September, 2023.


  Effective as of the Effective Time, Pierce H. Norton II was appointed President and Chief Executive Officer of the General Partner and Walter S. Hulse III was appointed Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development of the General Partner.  

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Overview of Magellan Midstream Partners, L.P.
Business/Consumer Services • Diversified Holding Companies
Marshall Monteagle Plc operates as an investment holding company, which engages in the management and operation of logistics, food production, portfolios, and properties. It operates through the following segments: Import and Distribution; Property; Investments in Associated Companies; and Other Activities. The Import and Distribution segment imports and exports tools, food, and household consumer products. The Property segment engages in the real estate business. The Investments in Associated Companies segment markets and operates country pubs. The Other Activities segment manages share portfolios, profits on assets, head office costs, and interests. The company was founded on July 31, 1929 and is headquartered in Durban, South Africa.
Market Cap
N/A
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Magellan Midstream Partners, L.P. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


In accordance with the terms of the Merger Agreement, Mr. Aaron L. Milford, Mr. Chansoo Joung, Mr. Edward J. Guay, Mr. Walter R. Arnheim, Mr. James R. Montague, Mr. Barry R. Pearl, Mr. Sivasankaran Somasundaram, Ms. Stacy P. Methvin and Ms. Lori A. Gobillot resigned as directors of Magellan GP, LLC, the general partner of Magellan (the "General Partner"), effective as of the Effective Time. None of these resignations were a result of any disagreement with Magellan, its management or its board of directors. 


2


Also effective as of the Effective Time, each named executive officer of the General Partner serving as an officer immediately prior to the Effective Time ceased his or her respective service as an officer of the General Partner.


Effective as of the Effective Time, Pierce H. Norton II was appointed President and Chief Executive Officer of the General Partner and Walter S. Hulse III was appointed Chief Financial Officer, Treasurer and Executive Vice President, Investor Relations and Corporate Development of the General Partner.