The Observer, September 2005

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Alyeska reorganizes executive suite

The company that runs the trans-Alaska pipeline and the Valdez tanker terminal announced major top-level staffing changes early this month.

President and Chief Executive Officer David Wight, who has headed Alyeska Pipeline Service Co. for the past five years, will be retiring at the end of the month.

Wight is being replaced by Kevin Hostler, currently a BP executive in Texas. He will take over Alyeska on Oct 1. He has had a 28-year career with BP, serving most recently as senior vice president for BP’s global human resources organization.

Alyeska announced the transition in a Sept. 1 news release.

“We look forward to forging a good working relationship with Mr. Hostler,” said John Devens, executive director of the citizens’ council. “We’ve always had a shared interest with Alyeska in protecting Prince William Sound, and the stronger that relationship, the better we can both do our jobs.”

During his time in the top job, Wight oversaw renewal of Alyeska’s right-of-way agreements with federal and state governments and Alaska Native organizations. He also launched major reconfigurations of the pipeline and terminal that are still in progress as he heads for retirement.

Before coming to Alyeska, Wight served more than 36 years with Amoco and BP, culminating in the post of president of BP Energy Company of Trinidad and Tobago.
Alyeska’s president is picked by the North Slope oil producers who own Alyeska. They include BP, ConocoPhillips and Exxon.

Also leaving in the executive re-shuffle is Dan Hisey, Alyeska’s vice president and chief operating officer for the past five years. His position was eliminated in the restructuring, according to Alyeska spokesman Mike Heatwole.