Stephen R. Cornell

Joint President and Chief Executive Officer
Sasol LTD (retired)


For his exemplary career in the petrochemical and energy industries formulating new approaches leading to technological innovation and excellence while successfully managing front-end development of multibillion-dollar expansion projects creating operational and financial improvements.

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Joint President and Chief Executive Officer
Sasol LTD (retired)


For his exemplary career in the petrochemical and energy industries formulating new approaches leading to technological innovation and excellence while successfully managing front-end development of multibillion-dollar expansion projects creating operational and financial improvements.


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Luck is what happens when preparation meets opportunity.
— Seneca, Roman Philosopher

Career Highlights

2016-2019 Joint President and Chief Executive Officer, Sasol LTD
2014-2016 Executive Vice President, International Operations, Sasol LTD
2011-2014 Chief Operations Officer, U.S. Fuels, BP
2008-2011 U.S. Regional Vice President, Refining, BP
2006-2008 Senior Vice President, Petrochemicals - Middle East and Asia, Total Petrochemicals
2003-2006 Executive Vice President, Samsung Total Petrochemicals
2000-2003 Vice President, Base Chemicals - NAFTA, Total Petrochemicals USA Inc.
1999-2000 Vice President, Manufacturing, Total Petrochemicals USA Inc.
1998-1999 Vice President, Southwest Business Unit, Petrofina
1996-1998 Director General, Fina Antwerp, Petrofina
1992-1996 General Manager, Port Arthur Refinery, Petrofina
1982-1988 Supervisor, Exxon Company USA
1979-1982 Engineer, Exxon Company USA
1979 BS Chemical Engineering, Purdue University

Biography

Stephen R. Cornell Excellence in leadership is often revealed in the midst of crises. Such was the case when BP asked Stephen Cornell for his help during its recovery from a large-scale 2005 refinery explosion.

“BP approached me to join their company and lead the transformation of their refinery operations,” Cornell recalls. “A primary component of this work was a new approach to process safety, which I instituted at all U.S. refineries. This impacted the lives of thousands of employees and permanently changed the company for the better.”

In his role as Chief Operating Officer for U.S. Fuels at BP, Cornell was responsible for all production, sales, marketing and logistics of BP fuel products in the U.S. He was also BP’s Global Head of major downstream projects, providing oversight to all large capital projects in the petrochemicals and fuels businesses.

Leading many large-scale efforts at BP was an exercise in understanding and finessing leadership in teamwork — a skill he began to hone as an undergraduate in the late 1970s.

“While at Purdue, we would often be required to work in teams. I did not appreciate it then, but these sessions were invaluable at teaching me how to lead by influence,” Cornell says. “When teams are established, at school or in a professional setting, a leader may not be explicitly appointed. Being able to help guide a team without being specifically named to lead is a skill that greatly assisted me in my professional career.”

Since his accomplishments with BP, Cornell has taken on positions of greater responsibility and broader scope.

In 2014, Cornell joined Sasol Limited, a global chemicals and energy company listed on both the Johannesburg and New York stock exchanges. He was initially based in Houston and responsible for all operational activities outside Southern Africa, which included the role of executive sponsor for the multibillion-dollar Lake Charles Chemicals Project in Louisiana. In 2016, Cornell moved his family to Johannesburg, the headquarters of Sasol, to assume the role of Joint President and Co-CEO of this firm that operates in 33 countries around the world.

For his career achievements, he was awarded the Outstanding Chemical Engineer Award from Purdue’s Davidson School of Chemical Engineering in 2018.  Outside of work responsibilities, he has been involved with interest groups relating to the field of chemicals and energy.  He previously held the positions of Chairman for the American Petroleum Institute – Downstream Committee, Board Member on the American Chemistry Council and Governor Committee Member for the World Economic Forum – Oil and Gas.

Looking back on the formative years that led to his distinguished career, Cornell says he would advise today’s students to “enjoy all the activities and each friendship to its fullest extent … and get to know their professors. These professors are teaching at the highest levels of academia; they have a history to share and, as the years go by, you come to understand that they are playing an important role in your life.”