Aegean Marine Petroleum Network named Jonathan Mcilroy as its new president effective immediately. 

Mcilroy steps in to the role after the June resignation of Nikolas Tavlarios, who had served as president since 2006. Tavlarios stepped down after the largest independent bunker supplier posted worse-than-expected profit in the first quarter.

"Following a comprehensive search process, we are pleased to appoint a leader of Jonathan's caliber as president of Aegean," said Yiannis Papanicolaou, Agean's interim chairman.