Sunoco Appoints New CFO

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Sunoco Appoints New CFO

PHILADELPHIA -- Sunoco Inc. hired Brian P. MacDonald as senior vice president and Chief Financial Officer to replace Terence P. Delaney, who has served as interim CFO since Dec. 1, 2008, and has elected to pursue other opportunities.

"Brian has the qualifications, record of performance and strategic perspective to contribute to Sunoco’s success from the start. We are very pleased that he will be joining the company," Lynn Elsenhans, Sunoco’s chairman and CEO, said in a statement.

MacDonald’s appointment is effective Aug. 10, 2009. Delaney will continue to serve in his post through the filing of the company’s second quarter results, and then will serve in a transitional role through the end of August, the company stated.

Commenting on his new position, MacDonald said: "I am eager to join the leadership team of such a respected company. Sunoco is known for its long history, iconic brand and dedicated employees."

MacDonald, 43, comes to the energy company from Dell Inc., where he was CFO for the company’s commercial business unit, overseeing all aspects of financial management. Prior to that, he served as corporate vice president and treasurer, and led Dell’s mergers and acquisitions organization as well as its global treasury group. He was also chairman of Dell Financial Services, a joint venture that originated more than $6 billion in loans each year.

Prior to joining Dell, MacDonald worked at General Motors Corp.

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