HOUSTON, March 15 /PRNewswire-FirstCall/ -- Frontier Oil Corporation
(NYSE: FTO) is pleased to announce that Paul Eisman has joined the Company as
Executive Vice President - Refining and Marketing Operations. Mr. Eisman
brings to Frontier an extensive background in petroleum refining, most
recently as Vice President of Business Development for KBC Advanced
Technologies, a UK-based consultancy to refining and process industries.
Prior to joining KBC, Mr. Eisman worked for Valero Energy Corporation (and
predecessor companies) for 24 years in senior management positions, most
recently as Senior Vice President - Economics and Planning. Also at Valero,
Mr. Eisman held the position of Senior Vice President of Refining and
Commercial Operations, where he was generally responsible for the operations
of Ultramar Diamond Shamrock's six petroleum refineries and associated crude
oil supply and marketing functions. In addition, he served as Plant Manager
at Valero's 175,000 bpd refinery in McKee, Texas. Mr. Eisman, 50, holds a
Bachelor of Science degree in Chemical Engineering from Texas Tech University.
Frontier's Chairman, President, and CEO, James Gibbs, commented, "We are
excited to have Paul join our team and very much look forward to integrating
his vast experience with our existing operations."
Mr. Eisman will replace W. Reed Williams who is retiring at the end of
this month. Mr. Williams has provided excellent leadership in Frontier's
Refining and Marketing organization during the past six years and has helped
position the Company's refineries to run lower-cost heavy and sour crude oil.
Gibbs continued, "We have very much enjoyed working with Reed for the last
6 years, his contribution will be missed, and we wish him the best in his
retirement."
Frontier operates a 110,000 barrel-per-day refinery located in El Dorado,
Kansas, and a 52,000 barrel-per-day refinery located in Cheyenne, Wyoming, and
markets its refined products principally along the eastern slope of the Rocky
Mountains and in other neighboring plains states. Information about the
Company may be found on its web site http://www.frontieroil.com .
This news release includes forward-looking statements concerning the
Company. These may include statements of plans or objectives for future
operations, statements about future economic performance or assumptions or
estimates. The accuracy of these forward-looking statements is subject to a
wide range of business risks and changes in circumstances that are described
in our reports that are filed from time to time with the Securities and
Exchange Commission. Actual results and outcomes often differ from
expectations.
SOURCE Frontier Oil Corporation
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Related links:
http://www.frontieroil.com
CONTACT:
Doug Aron of Frontier Oil Corporation,
+1-713-688-9600 x145
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