Global Partners LP (GLP)

46.98 -0.16 (-0.34%) At close: 04:00PM EDT

Global Partners LP

800 South Street
Suite 500 PO Box 9161
Waltham, MA 02454-9161
United States
781 894 8800
https://www.globalp.com

Sector(s): Energy
Industry: Oil & Gas Midstream
Full Time Employees: 3,485

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Eric S. Slifka	President, CEO & Vice Chairman of Global GP LLC	9.08M	N/A	1966
Mr. Gregory B. Hanson	Chief Financial Officer of Global GP LLC	2.19M	N/A	1978
Mr. Mark A. Romaine	Chief Operating Officer of Global GP LLC	3.87M	N/A	1969
Mr. Matthew Spencer	Chief Accounting Officer of Global GP LLC	1.58M	N/A	1979
Mr. Sean T. Geary	Chief Legal Officer & Secretary	1.72M	N/A	1968
Lorraine Spadaro	Chief Information Officer	N/A	N/A	N/A
Mr. Scott Solomon	Vice President of Investor Relations	N/A	N/A	N/A
Catie Kerns	VP of Communications & SVP of Corporate Affairs	N/A	N/A	N/A
Ms. Maura McDonough	Chief People Officer	N/A	N/A	N/A
Philip Segaloff	Senior Associate General Counsel	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to home heating oil and propane retailers and wholesale distributors. This segment also transports the products by railcars, barges, trucks and/or pipelines. Its Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts.

Corporate Governance

Global Partners LP’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.