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Global Partners LP (GLP)


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17.85+0.25 (+1.42%)
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17.85 0.05 (0.28%)
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Global Partners LP

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

SectorServices
IndustryBasic Materials Wholesale
Full Time Employees1,770

Key Executives

NameTitlePayExercisedAge
Mr. Eric SlifkaChief Exec. Officer of Global GP LLC, Pres of Global GP LLC and Director of Global GP LLC1.27MN/A52
Ms. Daphne H. FosterChief Financial Officer of Global GP LLC and Director of Global GP LLC583.48kN/A59
Mr. Mark A. RomaineChief Operating Officer of Global GP LLC790.11kN/A48
Mr. Charles A. RudinskyChief Accounting Officer of Global GP LLC and Exec. VP of Global GP LLC367.06kN/A69
Mr. Edward J. FaneuilExec. VP of Global GP LLC, Gen. Counsel of Global GP LLC and Sec. of Global GP LLC722.47kN/A64
Amounts are as of December 31, 2016 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, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers in the New England states and New York. It operates in three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks. It also offers home heating oil, kerosene, residual oil, and propane to home heating oil and propane retailers and wholesale distributors; and aggregates crude oil in the mid-continent region of the United States and Canada for distribution to refiners and other customers. The 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. As of December 31, 2016, this segment had a portfolio of 1,458 owned, leased, and/or supplied gasoline stations, which included 248 convenience stores in the Northeast, Maryland, and Virginia. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas to end user customers in the public sector, as well as to commercial and industrial end users; and sells custom blended fuels. The company also owns, leases, or maintains storage facilities at 25 bulk terminals with a collective storage capacity of 12.2 million barrels. Global GP LLC serves as the general partner of the company. 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.