Shell Midstream Partners, L.P. Names Steve Ledbetter as Next CEO
January 21 2021 - 8:00AM
Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that
after a distinguished 29 year career with Royal Dutch Shell plc
(“Shell”), Kevin Nichols will retire as President and Chief
Executive Officer of Shell Midstream Partners GP LLC, the general
partner of SHLX, effective March 1, 2021. Steve Ledbetter,
Vice President-Commercial of SHLX, will succeed Kevin.
Steve joined Shell in 1999 and has held roles with increasing
responsibility within Shell's Pipeline, Manufacturing and Global
Lubricants businesses and served as President of Jiffy Lube
International, a wholly owned subsidiary of Shell, from 2013 to
2018. In 2018, Steve was named Vice President for Shell Pipeline
Company LP, responsible for business development, joint ventures,
oil movements and portfolio activity. Since joining SHLX as
Vice President–Commercial in 2018, Steve has been instrumental in
driving the commercial success of SHLX, contributing heavily to the
long-term resilience of the partnership.
The transition between Kevin and Steve is expected to be
seamless, as Steve has served in a leadership role and has taken on
increasing responsibilities within SHLX.
“Kevin has been a driving force behind Shell Midstream Partners
and its consistent delivery," said Ledbetter. "The Partnership has
matured greatly under his leadership and is well positioned for
continued success. I am excited for the opportunity to lead this
great company. We have a proven track record of delivery, and I
look forward to building on the strong legacy and performance of
Shell Midstream Partners."
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About Shell Midstream Partners, L.P.
Shell Midstream Partners, L.P., headquartered in Houston, Texas,
owns, operates, develops and acquires pipelines and other midstream
and logistics assets. The Partnership’s assets include interests in
entities that own (a) crude oil and refined products pipelines and
terminals that serve as key infrastructure to transport onshore and
offshore crude oil production to Gulf Coast and Midwest refining
markets and deliver refined products from those markets to major
demand centers and (b) storage tanks and financing receivables that
are secured by pipelines, storage tanks, docks, truck and rail
racks and other infrastructure used to stage and transport
intermediate and finished products. The Partnership’s assets also
include interests in entities that own natural gas and refinery gas
pipelines that transport offshore natural gas to market hubs and
deliver refinery gas from refineries and plants to chemical sites
along the Gulf Coast.
For more information on Shell Midstream Partners, L.P. and the
assets owned by the Partnership, please visit
www.shellmidstreampartners.com.
Inquiries:
Shell Media Relations
Americas: +1 832 337 4355
Shell Investor Relations
North America: +1 832 337 2034
* SHELL and the SHELL Pecten are registered trademarks of Shell
Trademark Management, B.V. used under license.
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