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President and Chief Executive Officer
Todd Borgmann has served as a member of the board of directors of Calumet, Inc. since July 2024 and as Chief Executive Officer since May 2022. Prior to that, he was executive vice president - chief financial officer of the General Partner since February 2021. Mr. Borgmann has over fifteen years of experience with Calumet, serving the Company across a diverse set of management roles. For the five years preceding the appointment to his current position, Mr. Borgmann served as Senior Vice President - Chief Financial Officer, Senior Vice President - Interim Chief Financial Officer, Vice President of Supply & Trading, developing extensive knowledge of petroleum markets, refining operations and risk management. Mr. Borgmann has also served as Calumet’s Vice President of Business Development and Director of the Partnership’s White Oils and Petroleum sales. Mr. Borgmann earned a Bachelor of Science in Industrial Engineering from Purdue University and a Masters of Business Administration from the University of Notre Dame.
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EVP & Chief Financial Officer
David Lunin assumed the role of Executive Vice President—Chief Financial Officer of the General Partner effective January 1, 2024. Prior to joining the Company, David was a Managing Director at Goldman Sachs where he held various investment banking roles with a focus on executing mergers & acquisitions and capital markets transactions. David spent significant time in the Natural Resources Group covering the commodity and specialty chemical industries and brings a wealth of financial and transaction experience. He is a graduate of George Washington University with a Bachelor's degree in Business Administration. He also holds an MA in Applied Economics from Johns Hopkins University and an MBA from Columbia Business School.
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Executive Vice President, Montana/Renewables and Corporate Development
Bruce A. Fleming has served as Executive Vice President, Montana/Renewables and Corporate Development of our General Partner since February 2021. From March 2016 until the appointment to his current position, Mr. Fleming served as executive vice president - strategy & growth of our general partner. Prior to joining the Company, Mr. Fleming served as the vice president of mergers & acquisitions at Tesoro Corporation and as an officer of Tesoro Companies Inc. since 2004. From 1997 through 2004, Mr. Fleming served as managing director of Hong Kong-based Orient Refining Ltd., and from 1981 through 1996 he held senior operations, business development and planning roles with Amoco Oil and Amoco Corporation where he was most recently vice president of China business development. Mr. Fleming earned a Ph.D. in chemical engineering from Princeton University and a B.S. in chemical engineering from the University of Delaware. He is a member of the Board of M&A Standards.
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EVP Specialties
Scott Obermeier has served as Executive Vice President, Specialties since January 2023. He joined the Company in November 2017 as a vice president and has served in a number of leadership roles since. Mr. Obermeier has 26 years of experience in sales and marketing as well as general management roles focused on the specialty chemicals market. Prior to his work with Calumet, he spent 10 years with Univar Solutions Inc., most recently serving as vice president where he managed the global chemical distributor’s organic chemicals business. Mr. Obermeier is a graduate of the University of Northern Iowa, with a degree in chemistry marketing.