Par Pacific Appoints New Refining Leader

HOUSTON, Sept. 28, 2026 /CourierPR/ -- Par Pacific Holdings, Inc., a growing energy company providing both renewable and conventional fuels to the western United States, has announced the appointment of Jerry Stumbo as Executive Vice President, Refining and Logistics, effective September 28, 2026. Stumbo succeeds Richard Creamer, who will serve as Senior Advisor until his planned retirement on April 1, 2027.

Richard Creamer, President and Chief Executive Officer of Par Pacific, expressed his appreciation for Stumbo's joining the company.

Stumbo joins Par Pacific from Valero Energy, where he most recently served as Vice President and General Manager of the Port Arthur, Texas Refinery. He led Valero's largest refinery and one of North America's most complex refining facilities, with approximately 435,000 barrels per day of throughput capacity and 850 employees. Stumbo previously led Valero's St. Charles, Louisiana Refinery for seven years. During his tenure, the refinery earned Valero's Chairman's Safety Award four times. He also led the organization through Hurricane Ida and the COVID-19 pandemic and completed major capital investments, including the expansion of the Diamond Green Diesel renewable fuels facility.

Earlier in his career, Stumbo held operations leadership roles at Valero's Benicia, California Refinery and the Phillips 66 Santa Maria, California Refinery, following engineering and operations roles with ConocoPhillips at its San Francisco, California Refinery and Ponca City, Oklahoma Technology Center. Stumbo holds bachelor’s degrees in chemical engineering and psychology from Oklahoma State University.

Par Pacific Holdings, Inc., headquartered in Houston, Texas, is a growing energy company providing both renewable and conventional fuels to the western United States. The company owns and operates 219,000 bpd of combined refining capacity across four locations in Hawaii, the Pacific Northwest, and the Rockies, and an extensive energy infrastructure network, including 13 million barrels of storage and marine, rail, rack, and pipeline assets. In addition, Par Pacific operates the Hele retail brand in Hawaii and the "nomnom" convenience store chain in the Pacific Northwest.

The company's leadership transition is a significant development in the company's history, as Stumbo brings a wealth of experience and expertise to the refining and logistics division. His appointment underscores Par Pacific's commitment to maintaining a strong and reliable refining system, which is essential for the company's continued success in the energy sector.

Forward-looking statements include, without limitation, statements about the leadership transition described in this news release. These statements are subject to certain risks, trends, and uncertainties, such as the risks and uncertainties detailed in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents that the Company files with the Securities and Exchange Commission. The Company cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should any of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this news release.