Par Pacific Holdings, Inc. Announces Management Changes
December 20, 2022 at 03:30 am IST
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Par Pacific Holdings, Inc. announced the appointment of William Monteleone as President effective January 1, 2023. In his new role, Mr.
Monteleone will continue to report to Chief Executive Officer William Pate and will be responsible for all company
operations in refining, logistics, renewables, and retail along with the commercial, information technology,
procurement, and human resources functions. Mr. Monteleone has been with Par Pacific since 2013, most recently having served as Executive Vice President & Chief
Financial Officer since 2017. Since 2012, Mr. Monteleone has been on Par Pacific's Board of Directors. Prior to joining
Par Pacific, Mr. Monteleone was Vice President at Equity Group Investments (EGI), the Chicago-based private investment
firm founded and led by Sam Zell, where he was involved in a range of restructurings and investments primarily within
the energy industry. Mr. Monteleone began his professional career at Banc of America Securities LLC. Mr. Monteleone
graduated from Vanderbilt University with a bachelor's degree in economics. Concurrent with Mr. Monteleone's promotion, Shawn Flores has been promoted to Senior Vice President & Chief Financial
Officer. Mr. Flores has been with Par Pacific since 2014 in a variety of financial leadership roles. Most recently, Mr.
Flores held the position of Vice President of Finance where he was responsible for Par Pacific's treasury, risk
management, financial planning and strategy, and mergers and acquisitions functions. Prior to joining Par Pacific, Mr.
Flores worked in finance roles with BG Group in Houston, Texas and the United Kingdom. Mr. Flores holds a master's
degree in finance and a bachelor's degree in accounting, both from Texas A&M University and is a certified public
accountant (CPA) licensed in the state of Texas.
Par Pacific Holdings, Inc. is an energy company, which provides both renewable and conventional fuels to the western United States. It owns and operates 125,000 barrels per day of combined refining capacity across three locations and an energy infrastructure network, including 7.6 million barrels of storage, and marine, rail, rack and pipeline assets. The Company has three segments. Refining segment owns and operates four refineries with total operating crude oil throughput capacity of 219 thousand barrels per day (Mbpd). Retail segment operates fuel retail outlets in Hawaii, Washington and Idaho. It operates convenience stores and fuel retail sites under Hele and nomnom brands, 76 branded fuel retail sites and other sites operated by third parties that sell gasoline, diesel, and retail merchandise, such as soft drinks, prepared foods, and other sundries. Logistics segment operates a multi-modal logistics network spanning the Pacific, the Northwest, and the Rocky Mountain regions.
PAR PACIFIC HOLDINGS, INC. 
