Gibson Energy Inc. has named Steve Spaulding as its president and chief executive officer.
This appointment will be effective June 19, 2017, at which time he will also become a member of Gibson Energy’s board of directors.
Spaulding is an accomplished industry veteran with more than 25 years of experience in the midstream space. Most recently, Spaulding served as executive vice-president of Lone Star NGL LLC, a subsidiary of Energy Transfer Partners.
Based in Dallas, Texas, Lone Star provides natural gas liquids storage, refinery, fractionation and processing, and pipeline transportation services. During his tenure, Lonestar’s fractionation capacity grew from zero to 540,000 bbls per day and NGL transport capacity grew from 125,000 to 800,000 bbls per day. He was also EVP NGLs at Energy Transfer Partners, a $57-billion integrated midstream services provider across crude oil, natural gas and NGL commodities, also based in Dallas.
Spaulding succeeds current president and CEO, Stew Hanlon, who will be available in an advisory capacity to facilitate the transition into 2018. Hanlon is retiring from the CEO role after 26 years of service to the company.