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Holly Energy Partners Announces Management Changes

The following excerpt is from the company's SEC filing.

October 30, 2015, Holly Energy Partners (NYSE: HEP) today announced that the Board of Directors of HLS appointed Mike Jennings, who serves as Chief Executive Officer of Holly Logistic Services, L.L.C. (“HLS”), as President effective October 29, 2015. In connection with this appointment, Bruce Shaw resigned as President of HLS effective October 29, 2015. Mr. Shaw will continue to work with the company as a consultant. HLS is a wholly-owned subsidiary of HollyFrontier Corporation (NYSE: HFC) and the ultimate general partner of HEP.

Separately, Rich Voliva, previously Vice President, Corporate Development o f HLS, was appointed as Vice President and Chief Financial Officer of HLS effective October 29, 2015. Prior to joining HLS in April 2014, Mr. Voliva worked as an analyst in the institutional investment business in the energy sector, and prior to that as Vice President, Energy Equity Research for Deutsche Bank Securities in...