Tesoro Corporation Announces Election of William H. Schumann, III, to Board of Directors
November 10 2016 - 6:20PM
SAN ANTONIO -
November 10, 2016 - Tesoro Corporation (NYSE:TSO) announced
that William H. Schumann, III, has been elected to the Company's
Board of Directors, effective November 11, 2016.
Mr. Schumann served as Executive
Vice President of FMC Technologies (NYSE: FTI), a global provider
of technology solutions for the energy industry, from 2007 until
his retirement in 2012. Prior to that, he held various management
positions of increasing responsibility during his 31-year career at
FMC and its predecessor, FMC Corporation, including Executive Vice
President and Chief Financial Officer; Vice President, Corporate
Development; and Vice President and General Manager, Agricultural
Products Group.
"Bill's financial expertise and
global operations experience will be valuable to the Board as we
focus on executing our strategy and driving long-term growth," said
Greg Goff, Chairman, President and CEO of Tesoro. "We are pleased
to welcome Bill and expect him to make many valuable contributions
to our Board."
Mr. Schumann serves on the boards
of directors of Avnet, Inc. (NYSE: AVT) and McDermott International
(NYSE: MDR), and previously served on the boards of AMCOL
International, URS Corporation, UAP Holding Corp. and Great Lakes
Advisors, a registered investment advisor. Mr. Schumann also serves
on the board of the Lake Forest-Lake Bluff Historical Society.
About Tesoro
Corporation
Tesoro Corporation, a Fortune 100 company, is an independent
refiner and marketer of petroleum products. Tesoro, through its
subsidiaries, operates seven refineries in the western United
States with a combined capacity of over 895,000 barrels per day and
ownership in a logistics business, which includes an interest in
Tesoro Logistics LP (NYSE: TLLP) and ownership of its general
partner. Tesoro's retail-marketing system includes over 2,400
retail stations under the ARCO®, Shell®, Exxon®, Mobil®, USA
Gasoline(TM), Rebel(TM) and Tesoro® brands.
Contact:
Investors:
Sam Ramraj, Vice President, Investor Relations, (210) 626-4757
Media:
Tesoro Media Relations, media@tsocorp.com, (210) 626-7702
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Tesoro Corporation via Globenewswire
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