Indianapolis-based Calumet Specialty Products Partners L.P. (Nasdaq: CLMT) says it has accelerated its chief executive officer transition. The company reports that current board member Steve Mawer will take over as the new CEO immediately.
Former CEO Tim Go will continue providing services to the company and will assist with the transition.
The company announced in March that Go intended to step down in June to move to Texas to be closer to family.
Calumet Specialty Products is an independent producer of specialty hydrocarbon and fuel products and processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial, and automotive products, and produces fuel products including gasoline, diesel, and jet fuel.