Gov. Nixon Appoints Greer to PSTIF Board of Trustees
December 25, 2015
Written By Adam Buckallew
Missouri Gov. Jay Nixon recently announced his appointment of James Greer, MFA Oil vice president of supply and distribution, to the Petroleum Storage Tank Insurance Fund (PSTIF) Board of Trustees.
The 11-member board is comprised of eight trustees appointed by the governor. They represent the petroleum, trucking, insurance and financial industries. The remaining three members are designated officials from executive branch agencies.
“I represent the petroleum industry,” Greer says. “My role will be to develop and enforce policy for PSTIF and ensure management of PSTIF is operating efficiently and within the rules.”
Monies from the PSTIF are used to clean up sites insured by fuel tank owners and operators.
“The insured pays an annual insurance premium, and then PSTIF has the site inspected annually to make sure the location is in compliance,” says Greer. “When tank removal or environmental remediation is required, the fund pays for approved costs over the deductible.”
Greer’s term on the PSTIF board ends in Feb. 2017.