Mark G. Newgard, one-time president and chief operating officer of Pauley Petroleum Inc., will resign his current job as executive vice president of the independent oil company effective July 31, the company announced Thursday.
Newgard, who joined Pauley in 1987 from Edgington Oil Co., oversaw the company's refining operations in Southern California. Company spokesman Larry Fisher said Newgard decided to leave after Pauley put its Carson refinery on the block last December as part of its strategy to phase out its refining business.
Newgard was on vacation and could not be reached for comment.
In its announcement, the company said Newgard would pursue other professional interests but did not go into specifics.
In a statement, Pauley Chairman Robert O. Anderson said: "It is with regret that we accept Mr. Newgard's resignation. He has brought our refinery operations forward effectively and their future success seems assured. We wish him well."
As head of refining, Newgard found himself the target of charges by the South Coast Air Quality Management District for alleged violations of air quality regulations. Those charges were eventually dropped, Fisher said.