Anchorage, AK – David Wight, President and Chief Executive Officer of Alyeska Pipeline Service Company, has announced his intention to retire at the end of September after leading the company for five years and completing a noteworthy career of 41 years in the oil and gas industry.

The TAPS Owners Committee has concurrently named Kevin M. Hostler to succeed Wight in the President and Chief Executive Officer position. Hostler is currently Senior Vice President, Global Operations-Human Resources, with BP in Houston, Texas.

David Wight was appointed to the Alyeska President's position in July, 2000, and he led the company through one of the most important times in its history. During his tenure, Alyeska renewed its right-of-way agreements with federal and state governments and Alaska Native organizations. Wight has also managed one of the most comprehensive reconfigurations of the Trans Alaska Pipeline System in its 28-year life. The company's safety and environmental performance has also continued to improve over the past five years. Wight is active in the community in Alaska and serves on many boards including the Nature Conservancy, Success by Six, Alaska Command Civilian Advisory Board and the University of Alaska Board of Advisors. Before his Alyeska responsibilities, Wight had served over 36 years in positions of increasing responsibility in Amoco and BP, which culminated in his serving as president of BP Energy Company of Trinidad and Tobago. Wight and his wife, Carla, are expected to remain in Alaska as they’ve valued their time in the state and the relationships they have made.

"We have appreciated David's exemplary service during his tenure and particularly would like to recognize his constant commitment to operations excellence and to the highest standards of business integrity," said Mike Tudor, President of ExxonMobil Pipeline Company and Chair of the TAPS Owners Committee. "David has always exhibited the deepest care for Alyeska, its employees, and the state of Alaska," noted Tudor.

Hostler will take over as Alyeska President and Chief Executive Officer on October 1st. He has had a diverse 28-year career with BP and its successor companies, and has had leadership assignments in the United States, England, Scotland, and Columbia. His most recent position as senior vice president for BP's global human resources organization has required his management of the company's worldwide businesses, and he has extensive experience in the production and operations sides of the oil and gas industry. Mr. Hostler graduated from the University of Alabama with a bachelor's degree in chemical engineering.

"The board is very pleased to have Kevin join Alyeska. He brings a comprehensive set of operating, management, and leadership skills to the company, and we look forward to working with him as we seek to continuously enhance Alyeska's safety, environmental, and business performance," said Tudor.
 

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