Wed 13 Oct 2010, 13:23 GMT

World Fuel Services appoints board member


Ex-Deloitte & Touche partner to serve as a member of the Audit and Governance committees.



World Fuel Services Corporation has today announced that it has appointed John L. Manley to the Board of Directors of the Company.

Manley, 62, retired from Deloitte & Touche LLP in 2009 after more than 27 years as a partner, the last three years of which Manley was Managing Partner of Deloitte's Northeast Region Audit and Enterprise Risk Services Practice.

While at Deloitte, Manley was also a member of the Northeast Region's Executive Committee, Deloitte's Audit and Enterprise Risk Services Executive Committee and Deloitte's Board of Directors.

Manley founded and was the National Director of Deloitte's Regulatory Consulting Practice, which included practices in financial services, health care, government contracting, energy and utilities.

Before joining Deloitte, Manley had seven years of regulatory experience with the Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC), including serving as the Chief Accountant and Director of the Division of Trading and Markets of the CFTC.

"John brings tremendous experience and specialized expertise to our board and we are delighted to have him join the team," said Paul H. Stebbins, Chairman and Chief Executive Officer.

Tom Presby, the company's lead independent director, said, "John's deep understanding of today's financial, accounting and regulatory environment will be invaluable to our fast growing global company."

Manley will serve as a member of the Audit and Governance committees.


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