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Daphne Foster To Be Global Partners CFO - Quick Facts

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4/24/2013 9:18 AM ET

Global Partners LP (GLP: Quote) Wednesday announced the retirement of Thomas Hollister as Chief Financial Officer, Chief Operating Officer and Director, effective June 30.

The Board of Directors of the Partnership's general partner, Global GP LLC, has promoted Treasurer Daphne Foster to CFO and Mark Romaine, Global's Senior Vice President, Light Oil Supply and Distribution, to COO.

Hollister, 58, joined Global as CFO in July 2006 and became COO in 2007. He was elected to the Board of Directors in 2009.

Foster, 55, joined Global in 2007 and was elected Treasurer in 2010. She has served several years as a Vice President in the Energy and Utilities Division of Bank of Boston. She started her banking career in 1982 at Bank of Boston and later joined Citizens Financial Group, where she oversaw the Loan Officer Development Program.

Romaine, 44, joined a predecessor company to Global in 1998 as Premium Fuels Marketing Manager. He became Senior Vice President, Light Oil Supply and Distribution, in 2006. His experience in the petroleum products industry includes operations and marketing positions with Volta Oil.

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by RTT Staff Writer

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