Tesoro Petroleum (TSO) Appoints New EVPs; CFO Sterin to Assume Corporate Development Responsibilities

August 24, 2016 8:33 AM EDT

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Tesoro Corporation (NYSE: TSO) announced updates to its executive responsibilities.

  • Keith Casey, EVP, Operations, will become EVP, Marketing & Commercial, responsible for increasing value capture across all commercial activities within the Company.
  • CJ Warner, EVP, Strategy & Business Development, will become EVP, Operations, responsible for driving operating efficiency and effectiveness across Tesoro's refining and logistics operations.
  • In addition to his current responsibilities, Steven Sterin, EVP, Chief Financial Officer, will become EVP, Chief Financial Officer & Corporate Development, also assuming corporate development in support of the Company's growth plans.

"Tesoro has achieved excellent results over the past several years through focus on and commitment to our strategic priorities. Today, we are announcing changes that will further strengthen our ability to deliver industry leading returns through our integrated value chain business model, drive operational efficiency and effectiveness, and execute our value-driven growth and business development opportunities. These changes will drive increased responsibility and collaboration across the business, leading to improved profitability," said Greg Goff, Chairman, President and Chief Executive Officer of Tesoro Corporation.

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