Kimberly S. Bowers (also known as Kim Lubel)[1] (born 1965) is the CEO, Chairman of the Board, Director and President of CST Brands, Inc. She is also the Director of WPX Energy, Inc and an Executive Vice President and Divisional President of Valero Energy Corp.[2] Bowers is one of only 26 women who are CEOs of Fortune 500 companies.[3]
Ms. Lubel joined CST Brands, Inc. in January 2013 after more than 15 years with Valero Energy Corporation, where she served as its Executive Vice President and General Counsel. In October 2014, Ms. Lubel was elected Chairman of the Board of Directors of CrossAmerica GP LLC, the general partner of CrossAmerica Partners LP. Since 2011, she has served as a member of the Board of Directors of WPX Energy, Inc. Before coming to Valero, Ms. Lubel specialized in mergers acquisitions at Kelly Hart Hallman, a Fort Worth, Texas-based law firm. She holds a B.A. in Spanish and in International Studies from Miami University (Ohio), an M.A. in International Relations from Baylor University, and a J.D. from the University of Texas School of Law. Kim is a 2009 graduate of the Stanford Executive Program.
CST Brands, Inc. (NYSE: CST) is the second-largest publicly traded fuel and convenience retailer in North America, with 1,900 outlets in the U.S. and Canada. CST Brands had 2013 revenues of about $12.8 billion and made approximately $360 million in EBITDA.[1] Stores are concentrated in the central and southwestern U.S. states and in eastern Canada. It also sells fuel under the Valero and Diamond Shamrock brands.[2] The company was created on May 1, 2013, when Valero Energy Corporation decided to spin off its retail operations in an effort to focus on refining.[3] On August 6, 2014, CST Brands agreed to buy Lehigh Gas GP LLC, the general partner of Lehigh Gas Partners LP (LGP), from Lehigh Gas Corp in a cash and stock deal. CST Brands will also acquire the associated Incentive Distribution Rights of LGP. The deal closed on October 1, 2014 and LGP changed its name to CrossAmerica Partners LP, trading under the ticker symbol "CAPL".[4]
