The Associated Press
Sunoco has tapped former General Motors CEO Fritz Henderson to lead the energy spin-off it is forming early next year.
The 52-year-old Henderson is joining Pittsburgh-based Sunoco as a senior vice president and will help prepare for SunCoke Energy to split from the oil refining and gasoline station giant in the first half of 2011. He will then become chairman and CEO of SunCoke, which is Sunoco's metallurgical coke manufacturing operations.
Coke is a key ingredient used to make steel. The company provides coke for steel manufacturers in the U.S. and Brazil. SunCoke Energy has operations in Virginia, Indiana, Ohio and Illinois.