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Par Petroleum expands board

Staff writer |
Houston, Tx., USA - June 16, 2014, Houston, Tx., USA - Par Petroleum Corporation, a diversified energy company, announced the appointment of Melvyn N. Klein, Curt Anastasio, Timothy Clossey and Robert Silberman to the board of directors.

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Melvyn N. Klein will take over the role as Chairman of the Board.

Mr. Klein, is a private investor and Founder of Melvyn N. Klein Interests. He is President of JAKK Holding Corp., the Managing General Partner of the investment partnership GKH Partners, LP from 1987 until 2008, and an Attorney and Counselor-at-law since 1968. Earlier in his career, he was a McKinsey & Company consultant and a senior officer of Donaldson, Lufkin and Jenrette, Inc. (subsequently merged with Credit Suisse).

Mr. Klein has been the President and CEO of two American Stock Exchange listed companies: Altamil Corporation and Eskey, Inc. He was the controlling shareholder, co-founder, or a significant partner in a number of industry leading companies in several fields (most of which were successfully merged or sold) including American Medical International, Inc. (subsequently merged to create Tenet Healthcare); UGHC/Arcus (subsequently sold to Koch Industries, Inc.- Flint Hills Resources, LP. and the balance merged with Iron Mountain), Savoy Pictures Entertainment, Inc. (subsequently merged with IAC Interactive), Hanover Compressor Company (subsequently merged to create Exterran Holdings Corp., the world's largest independent natural gas compression company), Cockrell Oil & Gas, L.P. (assets subsequently sold to UNOCAL), and Santa Fe Energy Resources, Inc. (subsequently merged in part with Chevron and in part with Devon Energy).

Mr. Klein was appointed by President Reagan to the Executive Committee of the President's Private Sector Survey on Cost Control in the Federal Government (Grace Commission) and by President Clinton to the U.S. State Department's Advisory Committee on International Economic Policy. He is a Member of the Horatio Alger Association of Distinguished Americans, Inc. and a Member of its Board of Directors.

Mr. Klein received a Juris Doctorate degree from Columbia Law School and a Bachelor of Arts degree with Highest Honors in Economics from Colgate University. He also studied at the London School of Economics and Political Science and completed the coursework for a Master's degree at The Johns Hopkins University School of Advanced International Studies. Mr. Klein is a member of the Philosophical Society of Texas.

Curt Anastasio is the Executive Chairman of GasLog Partners LP, a subsidiary of GasLog Ltd, a growth-oriented international owner, operator and manager of liquefied natural gas (LNG) carriers, providing support to international energy companies as part of their LNG logistics chain.

Appointed Executive Chairman in February 2014, Mr. Anastasio led the highly successful IPO of the company in May 2014. He previously served as President and CEO of NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, Texas. Mr. Anastasio was the President and CEO of the company from the time he led the initial public offering in April 2001, until he retired from the company on December 31, 2013.

Since joining a predecessor of NuStar in 1988, he held various positions in the upstream and downstream oil and gas industry, which have included responsibility for supply, trading, transportation, marketing, development and legal. During Mr. Anastasio's tenure as CEO, NuStar was named by Fortune Magazine as one of 100 Best Companies to Work for in America every year since 2007 and Forbes Magazine's 100 Most Trustworthy Companies. He is a member of the Board of the Federal Reserve Bank of Dallas.

Mr. Anastasio received a Juris Doctorate degree from Harvard Law School in 1981 and a Bachelor of Arts degree, Magna cum Laude, from Cornell University in 1978. After graduation, he practiced corporate law in New York City.

Timothy Clossey, is the President and owner at Spirit Technologies, a management coaching and engineering consulting services company. Mr. Clossey previously served as Production Manager and Major Projects Director for BP Cherry Point and through fundamental discipline improved operational reliability and reduced costs.

Mr. Clossey was a Consultant to the Board at SaltChuck Resources on M&A opportunities; a Board Member at Timec, Inc., where Mr. Clossey chaired the Audit Committee, organized and chaired a Special Committee of Outside Directors and served on the Compensation Committee. He served as President and CEO of ARCO Marine, Inc.. As VP Corporate Strategic Planning, Downstream for ARCO, Mr. Clossey was responsible for strategic planning for all of ARCO's downstream companies. As Vice President of Engineering, Technology and R&D at ARCO, his role was responsible for leading ARCO's Engineering and Research Center in Anaheim, California.

As Manager, Clean Fuels Development Task Force at ARCO, Mr. Clossey lead the reformulated gasoline R&D efforts at the Technical Center as well as served in the government Relations role working with industry associations such as WSPA and the API as well as all Federal and State agencies working on reformulated gasoline regulations throughout the nation.

Mr. Clossey graduated from Harvard Business School with an Executive MBA. He received his BS in Chemical Engineering Summa cum Laude from Washington State University.

Robert S. Silberman, was named Executive Chairman of the Board of Strayer Education, Inc. in 2013. He was Chairman of the Board from February 2003 to 2013 and Chief Executive Officer from March 2001 to 2013. From 1995 to 2000, Mr. Silberman served in a variety of senior management positions at CalEnergy Company, Inc., including as President and Chief Operating Officer.

From 1993 to 1995, Mr. Silberman was Assistant to the Chairman and Chief Executive Officer of International Paper Company. From 1989 to 1993, he served in several senior positions in the U.S. Department of Defense, including as Assistant Secretary of the Army.

Mr. Silberman has been a Director of Strayer since March 2001. He serves on the Board of Directors of Covanta Holding Company and 21st Century Fox. He also serves on the Board of Visitors of The Johns Hopkins University School of Advanced International Studies. He is a member of the Council on Foreign Relations.

Mr. Silberman holds a bachelor's degree in history from Dartmouth College and a master's degree in international policy from The Johns Hopkins University.

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