Magellan Midstream Partners LP, Tulsa, Okla., has named Aaron Milford to succeed Michael Mears as president and chief executive officer. Mears, who also holds the role of chairman of the board, will retire Apr. 30.
Milford, who currently serves as the partnership’s chief operating officer, will succeed Mears and become a board member on May 1. He has 27 years of energy industry experience and has spent his entire career with Magellan or its predecessors, including serving as chief financial officer from 2015 to 2019.
Barry Pearl, who now serves as lead director, will become chairman of the board, separating the roles of chairman and chief executive officer.
Mears has served as president, chief executive officer, and chairman of the board for Magellan since 2011 and spent his 37-year energy industry career with Magellan or its predecessor companies.