Alon USA announces reorganization and management changes
Dallas Business Journal
Alon USA Energy Inc. announced several internal restructuring initiatives and management changes on Monday. The moves are intended to better manage growth associated with the company’s purchase of the Krotz Springs refinery from Valero Energy Corp. in July.
The $473 million transaction has tripled Dallas-based Alon’s (NYSE: ALJ) refining capacity. The company said Monday it is experiencing growth in its asphalt and retail business segments as well.
To manage the rapid growth, Alon has developed a new operating segment for its marketing and retail businesses. Three months ago, Kyle McKeen rejoined the company as president and CEO of the new division. He previously served Alon in the role of vice president of marketing. McKeen will be leading Alon’s IPO initiative for the marketing and retail segment.
Other management moves: Joseph Israel has been promoted from vice president of mergers and acquisitions to chief operating officer; Joe Concienne was promoted from senior vice president of refining and transportation to senior vice president of refining and supply; and Michael Oster has been appointed senior vice president of mergers and acquisitions.
Alan Moret, senior vice president, will continue to lead the asphalt division. Alon also is growing its legal department.
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