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Press Release

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Bob Pease Named President and CEO of Motiva Enterprises LLC

01 Oct 2008

Bill Welte to retire November 1

 

Bob Pease, former President of Shell Trading (US) Company, has been named President and CEO of Motiva Enterprises LLC, a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. He replaces Bill Welte, who will retire November 1.


Since 2004 Bob has been President of Shell Trading (US) Company, one of the world’s largest energy trading companies, buying and selling more than 6 million barrels of hydrocarbons each day. He was responsible for Shell’s oil trading business in the United States, as well as a majority of Shell’s worldwide trading operations in both oil and gas. With almost 30 years in the industry, Bob's experience encompasses all facets of the US downstream business, and he offers a global perspective from his years in supply and trading and his involvement in three joint venture companies. Bob earned a BS in chemical engineering and a minor in economics from Rose-Hulman Institute of Technology.


Bill has served as Motiva President and CEO since 2004. He joined the company in July 1998 and was named General Counsel in 2000. Before joining Motiva, Bill served as General Attorney for Aramco Services Company starting in 1982. Bill has a JD from DePaul University College of Law and a bachelor of science in Civil Engineering from Illinois Institute of Technology.

 

About Motiva Enterprises LLC
Headquartered in Houston, Texas, Motiva Enterprises LLC is a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. Motiva’s marketing operations support a network of more than 8,000 Shell-branded gasoline stations in the eastern and southern United States. Company assets include three refineries located in Norco, Louisiana; Convent, Louisiana; and Port Arthur, Texas, currently capable of refining approximately 740,000 barrels per day, and ownership or partial interests in 41 product terminals. More information is available at <em>www.motivaenterprises.com</em>.


INQUIRIES:
Shell   +1 (713) 241-4544
Aramco Services +1 (713) 432-4190

 

 

 

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