Alyeska CEO sets retirement date
ANCHORAGE, AK –
Kevin Hostler, President and Chief Executive Officer of Alyeska
Pipeline, has announced that he will retire September 30, 2010.
Hostler previously told employees he planned to leave the
company by the end of 2010.
Members of the Trans Alaska Pipeline System Owner Committee will
select a new CEO. If a new CEO isn’t in place before Sept. 30,
the Owner Committee will likely appoint an Acting President and
CEO in the interim.
"Retiring
at the end of September is good for the pipeline, and it allows
enough time for a proper transition," Hostler said. "Our
executive team and other Alyeska leaders have worked toward
developing leadership skills so that any transition in the
organization is seamless. I’m proud of the many achievements and
improvements we have seen on TAPS since I came on board in 2005,
and I’m confident that the new CEO will continue to work to
prepare Alyeska for a strong future."
Hostler is the ninth executive to lead Alyeska. Before joining
Alyeska, Hostler served as Senior Vice President for BP’s global
human resources organization. His 33-year career in oil and gas
primarily focused on operations and production, including
significant leadership roles in BP across the Lower 48, England,
Scotland and Colombia.
During Hostler’s tenure at Alyeska, Alyeska earned industry
honors such as the American Petroleum Institute’s Pipeline
Environmental Performance Award and the Distinguished Operator
Award. Employees on the Trans Alaska Pipeline System also
improved safety performance. The OSHA recordable injury rate
trended downward, meaning fewer TAPS employees were hurt on the
job. TAPS also reached a considerable milestone by working a
year – or about 5 million man hours – without any worker injury
resulting in days away from work. That is the first time in
TAPS’ history that this occurred.
Significant projects during Hostler’s tenure included the
automation and electrification upgrade for the TAPS system;
upgrades to the Ballast Water Treatment Facility at the Valdez
Marine Terminal; and an ongoing study of challenges associated
with low throughput. Hostler also focused on preparing TAPS for
future operations by emphasizing succession planning,
establishing learning and development programs, and creating a
Future Strategy Team.
Hostler plans to retire to Texas with his wife and spend time
with his children and grandchildren.
For further information, contact Michelle Egan, Alyeska
Corporate Communications Director, at 787-8870.
About Alyeska: Alyeska operates the 800-mile Trans Alaska
Pipeline System (TAPS), which runs from Prudhoe Bay on the North
Slope south to the Port of Valdez, the northernmost ice-free
port in the United States. The pipeline crosses three mountain
ranges and 34 major rivers and streams. Alyeska operates out of
Anchorage, Fairbanks and Valdez and at various facilities along
the line. Alyeska was created to construct, operate, and
maintain TAPS for the owner companies. The current TAPS owners
are BP Pipelines (Alaska), ConocoPhillips Transportation Alaska
Inc., ExxonMobil Pipeline Company, Unocal Pipeline Company Inc.,
and Koch Alaska Pipeline Company LLC.
For more information, visit www.alyeska-pipe.com, or follow
Alyeska on Facebook or on Twitter at www.twitter.com/AlyeskaPipeline.
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