SUGAR LAND, Texas, Dec. 1, 2014 /PRNewswire/ -- CVR Energy,
Inc. (NYSE: CVI) today announced that Marty
Power has joined the company as chief commercial officer,
effective immediately. Power also will serve as chief commercial
officer for the general partner of CVR Energy's petroleum
subsidiary, CVR Refining, LP (NYSE: CVRR).
In his new role, Power is responsible for crude oil acquisition
and petroleum marketing for CVR Refining.
Power has more than 35 years of experience in the areas of crude
oil and petroleum products related to trading, marketing, logistics
and business development. Most recently, he served as manager of
business development and as a trading manager at Koch Supply &
Trading, LP. Previous to Koch, Power was co-founder and president
of Riverway Petroleum Partners, LLC, a petroleum products trading
and logistics company.
"Marty's wealth of experience in the petroleum industry will be
of great benefit to our company," said Chief Executive Officer
Jack Lipinski. "We are pleased to
welcome him to our management team."
Previous to Riverway Petroleum Partners, Power spent much of his
career in senior management roles for major petroleum companies. He
served as managing director of light products and managing director
of crude oil for El Paso Merchant Energy; vice president of
trading, vice president of foreign crude and senior vice president
of light products for Coastal States Trading; and as a senior
trader for BP North America Petroleum and BP Oil Supply.
Power holds a Bachelor of Science in Business Administration –
Accounting from Nichols College and
serves on its Board of Trustees.
About CVR Energy, Inc.
Headquartered in Sugar Land, Texas, CVR Energy is a diversified
holding company primarily engaged in the petroleum refining and
nitrogen fertilizer manufacturing industries through its holdings
in two limited partnerships, CVR Refining, LP and CVR Partners, LP.
CVR Energy subsidiaries serve as the general partner and own a
majority of the common units representing limited partner interests
of CVR Refining and CVR Partners.
For further information, please contact:
Media Relations:
Angie Dasbach
CVR Energy, Inc.
(281) 207-3550
MediaRelations@CVREnergy.com
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SOURCE CVR Energy, Inc.