WALTHAM, Mass.--(BUSINESS WIRE)--May 9, 2016--
Global Partners LP (NYSE: GLP) today announced that the Board of
Directors of its general partner, Global GP LLC, has elected Daphne H.
Foster, 58, the Partnership’s Chief Financial Officer, to the Board,
effective May 6, 2016.
“Daphne’s election to the Board recognizes the significant contributions
she has made to Global over the past nine years, as well as the capital
markets insight and financial leadership she brings to this vital
governance role,” said Richard Slifka, Chairman of the Board. “Whether
building an effective capital structure to serve our long-term growth
objectives, strengthening our fiscal management or enhancing our
treasury function, Daphne has applied her strategic expertise to
successfully move Global forward. On behalf of the entire Board, I
welcome her as our seventh director.”
Foster, who joined Global in 2007, was elected Treasurer of the
Partnership in 2010 and promoted to CFO in 2013. She received her
bachelor’s degree and MBA from Boston University.
About Global Partners LP
A publicly traded master limited
partnership, Global is a midstream logistics and marketing company that
owns, controls or has access to one of the largest terminal networks of
petroleum products and renewable fuels in the Northeast. Global also is
one of the largest distributors of gasoline, distillates, residual oil
and renewable fuels to wholesalers, retailers and commercial customers
in New England and New York. The Partnership is engaged in the
transportation of crude oil and other products by rail from the
mid-continental U.S. and Canada to the East and West Coasts for
distribution to refiners and others. With approximately 1,600 locations,
primarily in the Northeast, Global also is one of the largest
independent owners, suppliers and operators of gasoline stations and
convenience stores. Global is No. 180 in the Fortune 500 list of
America’s largest corporations. For additional information, visit www.globalp.com.
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Source: Global Partners LP
Global Partners LP
Edward J. Faneuil, 781-894-8800
Executive
Vice President, General Counsel and Secretary