Storage Giant GTI Statia Names Officers Following Sale

October 24, 2019

Nearly 90 days after changing hands, San Antonio-based GTI Statia (GTIS) has new leaders.

Following the July 30th closing on the acquisition of from San Antonio’s NuStar Energy LP to Prostar Capital, based in Greenwich, Connecticut, independent storage terminal operator GTIS announced the officers who will lead the company from it’s new Alamo City headquarters.

Oil & gas industry veterans all, John Roller is the new president and CEO, Jim Calvert is Chief Commercial Office and Karen Vazquez is CFO.

Mr. Roller has been with NuStar since 1988 and has most recently been VP of Marketing and Business Development for NuStar’s US storage terminals with ultimate responsibility for a portfolio of more than $1.5 billion in assets..

Previously, Roller had been VP Operations for NuStar’s global terminal portfolio (including GTIS), comprising twenty-five US and foreign assets and more than 56 million barrels of storage capacity.

Mr. Calvert also has a long history with GTIS, having been General Manager of the terminal with ultimate responsibility for day-to-day operations under NuStar from 1990 through 2002.

From 2002 to 2008, Calvert was responsible for all aspects of NuStar marine fuels and grew the business to $20 million per year (EBITDA).

And Ms. Vázquez has more than 20 years of experience in the oil and gas industry, having served most recently as Vice President of Finance and Controller, Latin America for Andeavor Corporation (formerly known as Tesoro Corporation).

Vázquez also held leadership positions in transition efforts during major asset acquisitions from BP and Valero.