Holly Energy Partners Makes Changes to Senior Management
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Holly Energy Partners, L.P. has made changes to senior management.
Holly Logistic Services, L.L.C. (HLS), the ultimate general partner of Holly Energy Partners, has appointed Mark A. Plake as president of HLS. In connection with his appointment, Mike Jennings will resign as president of HLS. Jennings will continue to serve as chief executive officer and a director of HLS and executive chairman of HollyFrontier Corporation.
Since joining HFC in 1999, Plake served in various roles including vice president, Holly Asphalt; vice president, special projects; and vice president, human resources and government affairs. Effective February 15, 2016, Plake will resign from his most recent position as vice president, marketing of HFC, which he has served in since April 2011.
“Mark has been an important part of the HFC team for more than 15 years, primarily in commercial and market facing roles. We look forward to leveraging Mark’s leadership and relationships to continue to profitably grow Holly Energy Partners,” said Mike Jennings, CEO of Holly Logistic Services.
About Holly Energy Partners
Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, tankage and terminal services to the petroleum industry, including HollyFrontier Corporation, which currently owns a 39 percent interest (including a 2 percent general partner interest), in the partnership. The partnership owns and operates petroleum product and crude pipelines, tankage, terminals and loading facilities located in Texas, New Mexico, Oklahoma, Arizona, Washington, Kansas, Wyoming, Idaho and Utah. In addition, the partnership owns a 75 percent interest in UNEV Pipeline, LLC, the owner of a Holly Energy operated refined products pipeline running from Salt Lake City, Utah to Las Vegas, Nevada, and related product terminals, a 50 percent interest in Frontier Pipeline Company, the owner of a 289-mile crude oil pipeline running from Casper, Wyoming to Frontier Station, Utah, and a 25 percent interest in SLC Pipeline LLC, the owner of a 95-mile intrastate pipeline system serving refineries in the Salt Lake City, Utah area.
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