Colonial Pipeline CEO retiring months after spills, fatal explosion
ALPHARETTA, Ga. (AP) – The longtime chief executive of a Georgia-based national pipeline network is retiring months after two spills and an explosion that killed an Alabama worker and constricted the region’s supply of gasoline.
Colonial Pipeline CEO Tim Felt said in a news release Thursday that it was his decision to step down from the Alpharetta, Georgia company at the end of January.
Former AGL Resources CEO John Somerhalder will be the company’s interim CEO.
The pipeline, which transports gasoline from the Gulf Coast to New York City, exploded in October while a central Alabama crew was making repairs related to a September spill that shut down fuel shipments for more than a week. One contractor was killed and five others injured.
The pipeline network provides almost 40 percent of the region’s gasoline.