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Providing coverage of Alaska and northern Canada's oil and gas industry
July 2010

Vol. 15, No. 28 Week of July 11, 2010

Alyeska CEO Hostler retires in September

Kevin Hostler, president and chief executive officer of Alyeska Pipeline Service Co., will retire at the end of September.

The company said in a press release that Hostler previously told employees he planned to leave by the end of the year.

Members of the pipeline’s owner committee will select a new CEO and if Hostler’s replacement isn’t in place by Sept. 30 will likely appoint an acting president and CEO in the interim.

Hostler said in a statement that retiring at the end of September “allows enough time for a proper transition.”

He said Alyeska’s management has “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.”

Prior to joining Alyeska, Hostler was senior vice president for BP’s global human resources organization. In a 33-year career in oil and gas he worked primarily in operations and production, including leadership roles in BP across the Lower 48, England, Scotland and Columbia. Hostler plans to retire to Texas with his wife and will spend time with his children and grandchildren.

—Petroleum News






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