TULSA, Okla. – Magellan
Midstream Partners, L.P. (NYSE: MMP) announced that Stacy P. Methvin was
elected to the partnership’s board of directors as an independent director at
its annual meeting of limited partners held today.
Methvin was formerly Vice
President, Refining Margin Optimization of Shell Oil Company until her
retirement in 2012. During her 33-year career with Shell, she served in various
operational and management positions, including Vice President of Global Distribution,
President of Shell Pipeline Company LP, President of Shell Deer Park Refining
Company and President of Shell Louisiana E&P Company.
Methvin also currently
serves as a board member for Pioneer Natural Resources Co., Marquard &
Bahls AG and several non-profit organizations.
“We are extremely
pleased to have Stacy join Magellan’s board,” said Michael Mears, chief
executive officer. “Her professionalism and extensive experience in all aspects
of the petroleum value chain, from exploration to refining and pipeline
operations, will be a valuable addition to our board of directors.”
Methvin received a
bachelor’s degree from Princeton University.
About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly
traded partnership that primarily transports, stores and distributes refined
petroleum products and crude oil. The partnership owns the longest refined
petroleum products pipeline system in the country, with access to nearly 50% of
the nation’s refining capacity, and can store more than 95 million barrels of
petroleum products such as gasoline, diesel fuel and crude oil. More
information is available at www.magellanlp.com.
###
Portions of this document may constitute
forward-looking statements as defined by federal law. Although management
believes any such statements are based on reasonable assumptions, actual
outcomes may be materially different. Additional information about issues that
could lead to material changes in performance is contained in the partnership’s
filings with the Securities and Exchange Commission.