HOUSTON — Matthew S. Ramsey has succeeded Sam L. Susser as chairman of Sunoco's board of directors, according to a press release.
Ramsey has served on the board since August 2014, noted the release. He has been chair of the company’s audit committee and he has worked on the compensation committee. He is also chairman of Energy Transfer Equity LP’s (ETP) audit committee, and he serves on its compensation committee.
Susser resigned from the board to pursue other business interests, reported the release. He had served on the board since August 2014 after ETP acquired Susser Holdings Corporation.
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“I want to thank Sam for his outstanding work and wise counsel during the merger of Susser with ETP, and through the integration of Susser’s businesses with our Sunoco Inc. retail marketing and wholesale fuel distribution business,” said Kelcy L. Warren, Chairman and Chief Executive Officer of ETP, in the release.
Marshall S. McCrea, Martin Salinas Jr. and William P. Williams have also resigned from the board, stated the release. James W. Bryant and Richard D. Brannon have been appointed in their places.
Click here to read the entire release.