Aegean Marine Petroleum Network Announces Key Leadership Changes

Source Press Release
Company Aegean Marine Petroleum Network Inc 
Tags Strategy - Corporate
Date September 27, 2018

Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or the “Company”) today announced that President Jonathan McIlroy will leave the Company, effective November 15, 2018. On August 9, 2018, the Company announced the appointment of Kostas Polydakis to the position of Chief Operating Officer, as well as his qualifications and experience. Mr. Polydakis is serving on the Company’s Management Committee, along with the Company’s Chief Financial Officer, and the Company’s Global Director of Supply and Trading. Effective November 15, 2018, Mr. Polydakis will assume Mr. McIlroy’s remaining duties, and will continue to serve on the Management Committee.

Aegean also announced today that David Gallagher has been appointed to the Company’s Board of Directors, consistent with the terms of the Company’s previously-announced agreements with Mercuria Energy Group (“Mercuria”). Mr. Gallagher is Global Head of Structuring and Origination at Mercuria.

“I want to express my thanks to Jonathan McIlroy for his service as President of AMPNI,” said Donald Moore, Chairman of the Board of AMPNI. “I am delighted that Kostas Polydakis is taking on additional responsibilities at AMPNI. He has already distinguished himself in the role of Chief Operating Officer, and I am confident that he will continue working tirelessly to shape and execute the Company’s strategy. I am likewise pleased to welcome David Gallagher to AMPNI’s Board, and I look forward to the key role he will play in helping to oversee the Company’s long-term growth strategy.”

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