CVR Partners names new CEO
Nitrogen producer CVR Partners LP has announced that Mark Pytosh has been named president and CEO of the partnership’s general partner, CVR GP LLC, effective May 5, 2014. He will be based at the partnership’s headquarters in Sugar Land, Texas.
CVR announced in November that CVR President and CEO Byron Kelley planned to retire Jan. 1.
Pytosh was appointed as a director of CVR GP in June 2011. He will continue to serve as a director and the chairman of the environmental, health and safety committee.
“In addition to Mark’s proven leadership as a member of the partnership’s Board of Directors, his extensive finance experience and familiarity with our business will serve the partnership well,” said Jack Lipinski, executive chairman of CVR GP and CEO and president of CVR Energy Inc. which owns the general partner and approximately 53 percent of the common units of CVR Partners.
Pytosh most recently served as executive vice president and chief financial officer for Tervita Corporation, based in Alberta, Canada. Formerly known as CCS Corp. Tervita is a leading North American environmental and energy services company. From 2006 to 2010, Pytosh served as senior vice president and CFO for Covanta Energy Corp., which owns and operates energy-from-waste power facilities, biomass power facilities and independent power plants in the United States, Europe and Asia. Prior to Covanta, he served as executive vice president from 2004 to 2006, and CFO from 2005 to 2006, for Waste Services Inc., an integrated solid waste services company.
Pytosh spent 18 years in the investment banking industry working with a broad range of clients in the environmental services, automotive, construction equipment and a variety of other industrial sectors. From 2000 to 2004, Pytosh was a managing director in investment banking at Lehman Brothers where he led the firm’s global industrial group. Prior to joining Lehman Brothers, he was managing director at Donaldson, Lufkin & Jenrette where he led the firm’s environmental services and automotive industry groups.
Pytosh holds a bachelor’s degree in chemistry from the University of Illinois, Urbana-Champaign.