BP Lubricants USA Inc. Promotes Waterman to Chief Executive

WAYNE, N.J.--()--BP Lubricants Americas, best known for its category-leading Castrol brand of lubricants, announced that Paul Waterman has been promoted to Chief Executive for BP Lubricants Americas, assuming full responsibility for the companys lubricants business across North and South America, effective May 1. Waterman was previously U.S. General Manager for BP Lubricants Americas. Waterman succeeds Peter Meola, who is retiring from BP to pursue other career options.

This is an exciting time for the Castrol brand, and for BPs lubricants business in the US, and elsewhere, said Waterman. Peter led us to a very strong position in the US market and helped us achieve material presence in Canada, Mexico and much of Latin America. We have a very strong team and I am looking forward to working with them to build on Peters record of success.

Working in partnership with our key distributors and customers to bring new offers to the consumer has always been Castrols strength, and it will continue to be so in the future.

Waterman joined Castrols US operations in 1994. Following BPs acquisition of Burmah Castrol in 2000, he headed BPs UK fuels and convenience retailing business, where he oversaw 1,400 company- and dealer-owned gas stations and led the rollout of BPs Connect brand. In 2004, he was appointed Regional Vice President for the ARCO am/pm convenience retailing business, based in La Palma, California, where he oversaw retail operations and led the implementation of a franchise revitalization program on the West Coast. In 2006, he returned to the BP Lubricants Americas as U.S. General Manager.

About BP Lubricants USA Inc: BP Lubricants USA Inc. markets premium lubricants and business-building programs directly to independent lube operators, service providers, new car dealers and leading retailers. Our leadership brands include Castrol® GTX® a premium conventional motor oil; Castrol® GTX® High-Mileage designed for vehicles with over 75,000 miles; Castrol® GTX® Start Up formulated to provide superior wear protection during the critical start-up period; Castrol® SYNTEC® BLEND with an added level of synthetic protection; Castrol® SYNTEC® a full-synthetic, super-premium motor oil; as well as our range of commercial transport lubricants. To find out more about Castrol products and programs, please call 1-888-CASTROL or log on to www.castrol.com/us

Contacts

GolinHarris
Deanne Daneck, ddaneck@golinharris.com, 312-729-4252

Contacts

GolinHarris
Deanne Daneck, ddaneck@golinharris.com, 312-729-4252