HF Sinclair Names Steve Ledbetter as CEO and President Effective January 2027

HF Sinclair announces a leadership transition as Steve Ledbetter prepares to succeed Franklin Myers, who will continue as Executive Chairperson and support the planned separation of the Lubricants & Specialties business.

HF Sinclair Corporation has announced the appointment of Steve Ledbetter as its next Chief Executive Officer (CEO) and President, effective January 1, 2027. Ledbetter currently serves as President and Chief Operating Officer (COO) of the Dallas based energy company.

According to an announcement issued on October 28, 2026, HF Sinclair’s Board of Directors also intends to expand the board and appoint Ledbetter as a director at a later date.

Ledbetter will succeed Franklin Myers, who will continue serving as CEO through January 1, 2027. Following the leadership transition, Myers will remain an officer of HF Sinclair and continue as Executive Chairperson until the company completes its previously announced plan to separate its Lubricants & Specialties segment.

In his continuing role, Myers will provide strategic guidance and support the company’s efforts related to the planned business separation.

Ledbetter brings more than 25 years of executive leadership experience across the energy, transportation and consumer services industries. He has served as HF Sinclair’s President and COO since July 2026 after initially joining the company in March 2023 as Executive Vice President, Commercial.

Before joining HF Sinclair, Ledbetter served as President and CEO of Shell Midstream Partners GP LLC, where he gained extensive experience in energy operations and corporate leadership.

The appointment represents an important leadership transition for HF Sinclair as the company moves forward with its strategic business plans and the proposed separation of its Lubricants & Specialties operations.