Puddy Named Senior Vice President, Refined Products and Risk Management
27 January 2010 - 3:20AM
PR Newswire (US)
SUGAR LAND, Texas, Jan. 26 /PRNewswire-FirstCall/ -- CVR Energy,
Inc. (NYSE:CVI) announced today the promotion of Mike Puddy to
senior vice president, refined products and risk management,
reporting to Wyatt Jernigan, executive vice president, crude oil
acquisition and petroleum marketing. (Logo:
http://www.newscom.com/cgi-bin/prnh/20071203/CVRLOGO) Puddy will be
responsible for overseeing the marketing of all finished products
and the procurement of unfinished feedstocks and blendstocks for
the refinery, as well as all required risk management processes
associated with refinery and marketing operations. Puddy formerly
served as vice president, refined products and risk management. "In
an environment of wild price volatility and fluctuation, in
addition to the normal product quality and logistical issues,
having an individual with Mike's background and experience is an
enormous plus for the company," Jernigan said. Puddy has 29 years
of experience in risk management, trading and petroleum supply,
spending most of his career with Coastal Corporation and later El
Paso, last serving as senior vice president, product supply and
trading. About CVR Energy, Inc. Headquartered in Sugar Land, Texas,
CVR Energy, Inc.'s subsidiary and affiliated businesses include an
independent refiner that operates a 115,000 barrel per day refinery
in Coffeyville, Kan., and markets high value transportation fuels
supplied to customers through tanker trucks and pipeline terminals;
a crude oil gathering system serving central Kansas, Oklahoma,
Eastern Colorado, Western Missouri and Southwest Nebraska; an
asphalt and refined fuels storage and terminal business in
Phillipsburg, Kan.; and through a limited partnership, an ammonia
and urea ammonium nitrate fertilizer business located in
Coffeyville, Kan. Media Relations: Angie Dasbach CVR Energy, Inc.
913-982-0482 http://www.newscom.com/cgi-bin/prnh/20071203/CVRLOGO
http://photoarchive.ap.org/ DATASOURCE: CVR Energy, Inc. CONTACT:
Angie Dasbach of CVR Energy, Inc., +1-913-982-0482, Web Site:
http://www.cvrenergy.com/
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