Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnAugust 31, 2021 , the Board of Directors (the "Board") ofNuStar GP, LLC (the "Company"), the general partner of the general partner ofNuStar Energy L.P. (the "Partnership"), increased the size of the Board to eleven members, and the Board selectedEd Grier andMartin Salinas , Jr. to serve as members of the Board of the Company, pursuant to the recommendation of theNominating/Governance & Conflicts Committee . There are no arrangements betweenMr. Grier orMr. Salinas and any other person pursuant to whichMr. Grier orMr. Salinas were selected as a director. In connection with the new appointments,James F. Clingman , Jr. announced his decision to retire from the Board, effectiveOctober 27, 2021 .Mr. Clingman serves on the Compensation Committee of the Board.Mr. Clingman's decision to retire from the Board effectiveOctober 27, 2021 is not due to any disagreement with the Company or the Partnership relating to the operations, practices or policies of the Partnership.Mr. Grier has been designated as a Group I director, serving an initial term until the Partnership's 2022 annual meeting of unitholders, and has been appointed as a member of theNominating/Governance & Conflicts Committee of the Board.Mr. Salinas has been designated as a Group II director, serving an initial term until the Partnership's 2023 annual meeting of unitholders, and has been appointed as a member of the Audit Committee of the Board.Mr. Grier , 66, has served as the Dean of theLeavey School of Business atSanta Clara University inCalifornia sinceJuly 2021 . FromMarch 2010 toJune 2021 , he served as the Dean of theVirginia Commonwealth University ("VCU")School of Business . Prior to joining VCU,Mr. Grier spent approximately 29 years with the Walt Disney Company beginning in 1981, serving as the President of theDisneyland Resort from 2006 until 2010.Mr. Grier held various other senior financial and operational roles during his career withDisney .Mr. Grier has served as a director of both Witt/Kiefer (an executive search firm) and Capital Senior Living Corporation since 2016. Previously, he served as a director of NVR, Inc. from 2013 to 2020.Mr. Salinas , 49, served as Chief Executive Officer of Phase 4Energy Partners fromOctober 2015 toDecember 2017 and as Chief Financial Officer ofEnergy Transfer Partners, L.P. fromJune 2008 throughApril 2015 . He joinedEnergy Transfer Partners, L.P. in 2004 and served as Controller and Vice President of Finance until being appointed as Chief Financial Officer in 2008. In addition to serving as Chief Financial Officer forEnergy Transfer Partners, L.P. Mr. Salinas also served asSunoco Logistics, L.P.'s Chief Financial Officer and a member of the Board of Directors fromOctober 2012 toApril 2015 and as a member of the Board of Directors forSunoco Partners, L.P. fromMarch 2014 untilApril 2015 . Prior to joiningEnergy Transfer Partners, L.P. ,Mr. Salinas worked atKPMG, LLP fromSeptember 1994 throughAugust 2004 , serving audit clients primarily in the Oil and Gas industry. He has served as a director of Green Plains Partners LP sinceJuly 2018 and served as a director ofNoble Midstream Partners LP fromOctober 2016 until it was acquired inMay 2021 . As non-employee directors,Mr. Grier orMr. Salinas will receive the Company's standard non-employee director compensation, as more fully described in the Partnership's Proxy Statement. NeitherMr. Grier norMr. Salinas is a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K filed with theSecurities and Exchange Commission onMarch 11, 2021 . Item 9.01 Exhibits. (d) Exhibits. Exhibit Number EXHIBIT Exhibit 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
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