Sarah Warren Band

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Global Partners LP announced the appointment of John Hailer to its Board of Directors of general partners. Hailer will serve on the Board for a three-year term beginning July 2018. John Hailer was the former president and chief executive officer of Natixis Investment Managers for 18 years.

John was responsible for all aspects of the investment management business of Natixis, including asset management, the leadership of its research and internal consulting teams, and oversight of the firm’s financial advisory relationships. Being the CEO helped the company grow and position itself strategically on the global map, making it one of the world’s largest asset managers.

John Hailer is the chairman of the Board for the New England Council and Back Bay Association. He is also a member of the AccelerateUS Board of Directors and the Federal Reserve Bank of Boston Board of Directors.

John Hailer is Global Partners’ Vice Chairman and a member of the Board of Visitors at the London Business School.

About Global Partners LP

Global Partners LP is a company that manages business operations within the energy and transportation industries. The company is engaged in marketing products such as crude oil, petroleum products, and liquefied petroleum gas to commercial customers; loading and storing seaborne LPG carriers; supplying asphalt to customers in the paving materials industry, wherein the asphalt is used to pave various kinds of roads; and providing barge transportation services.

The company’s segments include petroleum and logistics. The Petroleum segment includes the company’s conventional and unconventional oil & gas operations in the United States. The Logistics segment includes the company’s LPG and petroleum products marketing activities within the United States and Europe.

Global is the largest distributor of gasoline, distillates, residual oil, propane, and other petroleum products in New Hampshire. The spreading division Global has 10 terminals servicing many customers in the Northeastern United States. The business is highly profitable, and growth for this division is expected to be steady.