The management team of Blackwater Midstream
Assets has vast experience in developing and expanding
Independent Liquid Terminal facilities with a proven track
record in building relationships with Major Petroleum Refiners
and Chemical Manufacturers through securing long-term contractual
commitments for terminal services
The Management team includes:
Michael Suder – Chief Executive Officer
of Blackwater Midstream Corp.
Mr. Suder is the former President and COO of Delta Terminal
Services in Harvey, Louisiana, and part of the investment
group with Citicorp Venture Capital that purchased the
terminal in January 1995 for $20 million. He was
responsible for growing the facility from 1.5 million barrels
to more than 3 million barrels. During this time,
the company built more than 100 new tanks and new drumming
warehouses. EBITDA grew from $4.5 million to $17
million. The business was sold to Kinder Morgan Energy
Partners in December 2000 for $118 million. After
selling Delta Terminal Services, Mr. Suder became the general
manager of Kinder Morgan’s Lower Mississippi River
region. He was responsible for all aspects of the
liquid terminals in the region. He held that position
from 2001 until 2005. From September 2005 to June
2007, Mr. Suder was the director of new business development
for LBC Tank Terminals. He oversaw the growth at
their Baton Rouge facility, where capacity increased by
more than 1 million barrels. A One Equity Partners
portfolio company, the business was sold to Challenger
Financial Services in June of 2007 for $585 million euros. Mr.
Suder holds a B.A. from George Washington University in
Washington, D.C.
Dale T. Chatagnier – Chief
Operating Officer of Blackwater Midstream Corp.
Mr. Chatagnier’s duties include responsibility for
all operational, engineering and construction aspects of
Blackwater Midstream's greenfield sites and acquisitions. Prior
to joining the company, Mr. Chatagnier was a consultant
for North American Terminal Services, serving as vice president
of engineering and operations. He previously served
as Director of Operations and Engineering for Kinder Morgan
Liquid Terminal's 3-million barrel chemical storage facility
in New Orleans. Prior to Kinder Morgan, Mr. Chatagnier
worked as Vice President of Facility Development and Engineering
with Westway Terminal Co. Mr. Chatagnier holds a
Bachelor of Science degree in Mechanical Engineering from
Louisiana State University in Baton Rouge, Louisiana.
Frank Marrocco – Chief
Commercial Officer of Blackwater Midstream Corp.
Mr. Marrocco joins the Blackwater Midstream
Assets team as the Chief Commercial Officer in charge of
Business Development. He brings more than 20 years
of senior management experience in the Liquids Terminal
Industry. He most recently held the role of Regional
Vice President for Kinder Morgan’s Northeast Terminals,
managing over 15 million barrels of petroleum and chemical
capacity in the New York/New Jersey Harbor and Philadelphia
market. While in the Northeast, Mr. Marrocco oversaw
the expansion of over 5.5 million barrels of clean petroleum
product capacity, including the Kinder Morgan acquisition
of ExxonMobil’s Staten Island Terminal in 2005. Mr.
Marrocco has extensive experience in the New Orleans market
from his role as the Vice President-General Manager of
Delta Terminal Services in Harvey, LA. At Delta Terminal
Services, he led the commercial efforts that allowed the
expansion of the facility’s capacity by more than
1 million barrels by adding numerous Fortune 500 chemical
companies to Delta Terminal’s portfolio of customers. Mr.
Marrocco is pursuing a B.S. in Business Management from
Thomas Edison State College in Trenton, NJ.
Donald St.Pierre – Chief
Financial Officer of Blackwater Midstream Corp.
Mr. St. Pierre joined the Company in June
2008 as Vice President of Finance, and became our Chief
Financial Officer on August 18, 2008. Prior to employment
with Blackwater Midstream Corp., Mr. St. Pierre held the
position of Comptroller with Beverly Industries, LLC, in
Westwego, Louisiana, from January 2003 through June 2008.
Beverly Industries, LLC and its associated companies are
engaged in civil construction, trucking and river aggregate
sales. Mr. St. Pierre prepared in-house financial statements
and managed contract administration, banking, insurance,
IT and office administration. Mr. St. Pierre graduated
from Nicholls State University in 1978 with a B.S. in Marketing
and Management, and completed postgraduate business classes
at the University of New Orleans. |
