HollyFrontier Corp. Announces Retirement of Mark Plake & Appointment of Bruce Lerner as President of its Lubricants & Special...
May 18 2020 - 4:15PM
Business Wire
HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) today
announced that Mark A. Plake will step down from his role as
President, HollyFrontier Lubricants & Specialties on June 1,
2020 and will retire from HollyFrontier on December 31, 2020. From
June 1, 2020 to December 31, 2020, Mr. Plake will serve in an
advisory role and assist with the transition of his current duties.
Mr. Plake joined Holly Corporation in 1999 and has held various
roles at HollyFrontier and Holly Energy Partners, L.P. during his
21 years with the company.
In connection with Mr. Plake’s upcoming retirement, Bruce A.
Lerner will join HollyFrontier as President, HollyFrontier
Lubricants & Specialties effective June 1, 2020. Mr. Lerner
served as President and Chief Executive Officer of PeroxyChem, LLC
from March 2014 to February 2020 and Vice President & Global
Business Director, FMC Peroxygens of FMC Corporation from February
2007 to February 2014 when the business unit was divested to become
PeroxyChem. Prior to such time, Mr. Lerner held various roles at
Engelhard Corp. and BASF Corp. Mr. Lerner currently serves on the
board of directors of Vishay Precision Group.
“On behalf of HollyFrontier, I want to congratulate Mark on his
successful career at HollyFrontier. We wish him the best in
retirement,” said Michael Jennings, CEO and President of
HollyFrontier. “We are excited to have Bruce join our executive
leadership team. We look forward to his experience and leadership
as we continue working to grow the scale and profitability of our
lubricants and specialties business.”
About HollyFrontier Corporation:
HollyFrontier Corporation, headquartered in Dallas, Texas, is an
independent petroleum refiner and marketer that produces high value
light products such as gasoline, diesel fuel, jet fuel and other
specialty products. HollyFrontier owns and operates refineries
located in Kansas, Oklahoma, New Mexico, Wyoming and Utah and
markets its refined products principally in the Southwest U.S., the
Rocky Mountains extending into the Pacific Northwest and in other
neighboring Plains states. In addition, HollyFrontier produces base
oils and other specialized lubricants in the U.S., Canada and the
Netherlands, and exports products to more than 80 countries.
HollyFrontier also owns a 57% limited partner interest and a
non-economic general partner interest in Holly Energy Partners,
L.P., a master limited partnership that provides petroleum product
and crude oil transportation, terminalling, storage and throughput
services to the petroleum industry, including HollyFrontier.
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HollyFrontier Corporation Craig Biery, 214-954-6510 Director,
Investor Relations or Trey Schonter, 214-954-6510 Investor
Relations
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