Steven Ledbetter Biography and Net Worth

Steven Ledbetter was appointed Chief Executive Officer, President and member of the board of directors of our general partner, effective March 2021. Mr. Ledbetter also serves as Executive Vice President of US Pipelines.

Mr. Ledbetter is a 22-year Shell executive with deep financial and operational management experience. Prior to his appointment, Mr. Ledbetter serves as Vice President, Commercial of the General Partner, a role he has held since 2018. In that role, Mr. Ledbetter has been instrumental in driving the commerciality and resilience of the Partnership. In 2018, Mr. Ledbetter was also named Vice President for Shell Pipeline Company LP (“SPLC”), where he was responsible for business development, joint ventures, oil movements and portfolio activity. Previously, Mr. Ledbetter served as the President of Jiffy Lube International (“Jiffy Lube”), a wholly owned subsidiary of Shell. Prior to his role as President of Jiffy Lube, Mr. Ledbetter served as Director of Key Accounts for Shell’s Consumer Lubricants business for North America from 2010 to 2013, where he was responsible for large platform multi-site business development throughout North America. From 2009 to 2010, he worked as Deal Manager, setting strategy and negotiating large platform deals for the route to market for the Lubricants business in North America. In 2007, Mr. Ledbetter was North American Consumer Finance Manager for the Lubricants business, where he was responsible for financial support and economic assurance of the business. In 2004, he became a member of the leadership team for Shell’s Puget Sound Refinery in Anacortes, Washington, and was accountable for finance and procurement activities of the site. From 1999 to 2004, Mr. Ledbetter held various roles in SPLC, including working in a financial support role for the business, serving as treasurer of several joint ventures and business planning and accounting. Prior to joining Shell, Mr. Ledbetter was a facility cost analyst with United States Gypsum Company based in Texas. Mr. Ledbetter holds a bachelor’s degree in Finance from Texas A&M University. The Partnership believes that Mr. Ledbetter’s extensive experience across a wide range of strategy, finance, commercial deal structuring, business transformation and business leadership makes him well qualified to serve as both a director and as an executive officer.