Martin Midstream Partners L.P. Announces Executive Changes
October 22, 2020 at 08:20 am EDT
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Martin Midstream Partners L.P. (the ‘Partnership’) announced that Robert D. Bondurant (‘Bob’) has been appointed as Chief Executive Officer effective January 1, 2021. The Partnership’s founder, Ruben Martin has decided to retire as Chief Executive Officer of the Partnership on December 31, 2020, but will remain as Chairman of the Board of the Partnership’s general partner and will continue to be actively involved in business development for the Partnership. Mr. Bondurant joined MRMC in 1983 and subsequently was appointed Executive Vice President and Chief Financial Officer of the Partnership in June 2002. He became a member of its Board of Directors in 2014.
Martin Midstream Partners L.P. is engaged in providing specialty services to independent oil and gas companies, independent refiners, and chemical companies. Its operations are primarily focused on the Gulf Coast region of the United States. Its segments include Terminalling and Storage, Transportation, Sulfur services and Specialty products. It owns or operates over 12 marine shore-based terminal facilities and nine specialty terminal facilities located primarily in the Gulf Coast region. Its Transportation segment operates a fleet of both land transportation and marine transportation assets that transport petroleum products and by-products, petrochemicals, and chemicals. It processes and distributes sulfur produced by oil refineries primarily located in the Gulf Coast region. The Specialty Products segment specializes in the marketing, distribution, and transportation services for natural gas liquids, as well as blending and packaging services for specialty lubricants and grease.