Sunoco, Inc. made several announcements late last week, citing sales interest for its Philadelphia Refinery that it would otherwise close this summer, and that the company’s CEO would step down as it exits manufacturing.
The Philadelphia-based company also announced Feb. 2 that its focus will be on its high-return logistics and retail businesses, and that Brian P. MacDonald, senior vice president and chief financial officer, will become president, chief executive officer and director, effective March 1.