“I could not be happier that my family and I have now become part of the Sasol team. I strongly believe we can capitalise on many opportunities in the global energy arena. This is an important time in Sasol’s history and I am certainly looking forward to working with the team to continue building on the Company’s many successes.” said Cornell in a statement.
Cornell is currently the chief operating officer for US Fuels and global head of major projects at fuel company, BP. He will be appointed as Sasol’s executive vice president of international operations as of the 1 February 2014.
This follows after Sasol announced the restructure of their Group Executive Committee (GEC) which will be effective from 1 July 2014.
The group stated that the growing importance of its international businesses, particularly in the United States, was the reason for the creation of an operations position. Cornel’s role will be accountable for the group’s operations outside of Southern Africa, including US mega projects in Lake Charles, Louisiana.
Cornell has extensive US domestic and international experience in petrochemicals, refining and logistics, having worked in the industry in the US, Europe, the Middle East and Asia. He is responsible for reshaping BP’s US fuels business and has first-hand experience in large scale capital projects.
David Constable, Sasol’s chief executive officer, stated that the company are excited to have Cornell on board to enhance the group's perfoamance levels.
“At a time when we are striving to enhance our own performance levels at Sasol, it is exciting to have a leader join our team, who is known for passionately driving high performance through talent and capability development across all areas of the organisation,” said Constable.
“With over three decades in the industry under his belt, Steve is highly regarded by his peers as a commercial and strategic leader with substantial chemical engineering experience”.