{"id":454142,"date":"2021-03-09T16:08:19","date_gmt":"2021-03-09T21:08:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454142"},"modified":"2021-03-09T16:08:19","modified_gmt":"2021-03-09T21:08:19","slug":"global-partners-announces-chief-financial-officer-succession","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/global-partners-announces-chief-financial-officer-succession\/","title":{"rendered":"Global Partners Announces Chief Financial Officer Succession"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Global Partners Announces Chief Financial Officer Succession<\/b><\/p>\n<p class=\"bwalignc\"><i>Daphne H. Foster to Retire August 31, 2021; Gregory B. Hanson, Global\u2019s Treasurer Since 2014, Promoted to CFO Effective September 1, 2021<\/i><\/p>\n<p>WALTHAM, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.globalp.com%2F&amp;esheet=52393376&amp;newsitemid=20210309006004&amp;lan=en-US&amp;anchor=Global+Partners+LP&amp;index=1&amp;md5=9c81d9546c9d7f80ec862f66c99dade0\">Global Partners LP<\/a> (NYSE: GLP) today announced that Daphne H. Foster has notified the Board of Directors that she plans to retire as Chief Financial Officer and step down as a member of the board effective August 31, 2021, after more than 14 years with the Partnership. Gregory B. Hanson, Global\u2019s Treasurer since 2014, will succeed Foster as CFO effective September 1, 2021.\n<\/p>\n<p>\n\u201cDaphne has played an integral role in advancing Global\u2019s strategic goals over the past 14 years,\u201d said Eric Slifka, the Partnership\u2019s President and Chief Executive Officer. \u201cShe has strengthened the organization by investing in people and new processes, guided a number of successful financings and financial transactions, and helped lead us to a strong financial position. I thank Daphne for her innumerable contributions and wish her well in retirement.\u201d\n<\/p>\n<p>\n\u201cI also want to congratulate Greg on his appointment as CFO. He has done an exceptional job in managing our treasury department and has established strong relationships with our banking group. Greg\u2019s in-depth understanding of the business and ability to lead make him the ideal candidate to oversee the finance function. I look forward to working with Greg in his new role as we continue to focus on delivering outstanding results for our unitholders, our employees, our customers and our guests,\u201d said Slifka.\n<\/p>\n<p>\nHanson has more than 20 years of finance experience. Prior to joining Global in 2013, Hanson served as a Senior Vice President at G.E. Financial Services and RBS Citizens Financial Group. Before that, he was a Vice President for Merrill Lynch Capital and a Principal for Bank of America. Hanson received a bachelor\u2019s degree from Colby College and an M.B.A. from Babson College\u2019s Franklin W. Olin School of Business.\n<\/p>\n<p><b>About Global Partners LP <\/b><\/p>\n<p>\nWith approximately 1,550 locations primarily in the Northeast, Global Partners is one of the region\u2019s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global Partners also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global Partners engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Global Partners LP, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol \u201cGLP.\u201d For additional information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.globalp.com&amp;esheet=52393376&amp;newsitemid=20210309006004&amp;lan=en-US&amp;anchor=www.globalp.com&amp;index=2&amp;md5=ea9426fe59d8019f413b2e59e0faadf7\">www.globalp.com<\/a>.\n<\/p>\n<p><b>Forward-looking Statements<\/b><\/p>\n<p>\nCertain statements and information in this press release may constitute \u201cforward-looking statements.\u201d The words \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cplan,\u201d \u201cintend,\u201d \u201cforesee,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201ccould\u201d or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on Global Partners\u2019 current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. All comments concerning the Partnership\u2019s expectations for future revenues and operating results and otherwise are based on forecasts for its existing operations and do not include the potential impact of any future acquisitions. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership\u2019s control) including, without limitation, the impact and duration of the COVID-19 pandemic, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services we provide, uncertainty around the impact of the COVID-19 pandemic to our counterparties and our customers and their corresponding ability to perform their obligations and\/or utilize the products we sell and\/or services we provide, uncertainty around the impact and duration of federal, state and municipal regulations related to the COVID-19 pandemic, and assumptions that could cause actual results to differ materially from the Partnership\u2019s historical experience and present expectations or projections. For additional information regarding known material factors that could cause actual results to differ from the Partnership\u2019s projected results, please see Global Partners\u2019 filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.\n<\/p>\n<p>\nReaders are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. The Partnership undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210309006004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210309006004\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210309006004\/en\/<\/a><\/span><\/p>\n<p>\nDaphne H. Foster<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>Global Partners LP<br \/>\n<br \/>(781) 894-8800\n<\/p>\n<p>\nEdward J. Faneuil<br \/>\n<br \/>Executive Vice President, General Counsel and Secretary<br \/>\n<br \/>Global Partners LP<br \/>\n<br \/>(781) 894-8800\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Energy Convenience Store Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Global Partners Announces Chief Financial Officer Succession Daphne H. Foster to Retire August 31, 2021; Gregory B. Hanson, Global\u2019s Treasurer Since 2014, Promoted to CFO Effective September 1, 2021 WALTHAM, Mass.&#8211;(BUSINESS WIRE)&#8211;Global Partners LP (NYSE: GLP) today announced that Daphne H. Foster has notified the Board of Directors that she plans to retire as Chief Financial Officer and step down as a member of the board effective August 31, 2021, after more than 14 years with the Partnership. Gregory B. Hanson, Global\u2019s Treasurer since 2014, will succeed Foster as CFO effective September 1, 2021. \u201cDaphne has played an integral role in advancing Global\u2019s strategic goals over the past 14 years,\u201d said Eric Slifka, the Partnership\u2019s President and Chief Executive Officer. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-partners-announces-chief-financial-officer-succession\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Global Partners Announces Chief Financial Officer Succession&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454142","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Partners Announces Chief Financial Officer Succession - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-partners-announces-chief-financial-officer-succession\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Partners Announces Chief Financial Officer Succession - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Global Partners Announces Chief Financial Officer Succession Daphne H. Foster to Retire August 31, 2021; Gregory B. Hanson, Global\u2019s Treasurer Since 2014, Promoted to CFO Effective September 1, 2021 WALTHAM, Mass.&#8211;(BUSINESS WIRE)&#8211;Global Partners LP (NYSE: GLP) today announced that Daphne H. Foster has notified the Board of Directors that she plans to retire as Chief Financial Officer and step down as a member of the board effective August 31, 2021, after more than 14 years with the Partnership. Gregory B. Hanson, Global\u2019s Treasurer since 2014, will succeed Foster as CFO effective September 1, 2021. \u201cDaphne has played an integral role in advancing Global\u2019s strategic goals over the past 14 years,\u201d said Eric Slifka, the Partnership\u2019s President and Chief Executive Officer. &hellip; Continue reading &quot;Global Partners Announces Chief Financial Officer Succession&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-partners-announces-chief-financial-officer-succession\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-09T21:08:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210309006004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-partners-announces-chief-financial-officer-succession\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-partners-announces-chief-financial-officer-succession\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Global Partners Announces Chief Financial Officer Succession\",\"datePublished\":\"2021-03-09T21:08:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-partners-announces-chief-financial-officer-succession\\\/\"},\"wordCount\":840,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-partners-announces-chief-financial-officer-succession\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210309006004r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-partners-announces-chief-financial-officer-succession\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-partners-announces-chief-financial-officer-succession\\\/\",\"name\":\"Global Partners Announces Chief Financial Officer Succession - 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