During his nearly 32 years of service, Mr Valutas worked in a number of areas of the company including assignments in finance, marketing and business development. Since 2000, he has been responsible for various corporate professional services in support of the company and its business units.

Upon his retirement, Mr Valutas will remain active in the community as a trustee of Drexel University. He will also continue to serve on the boards of directors of the Philadelphia Orchestra and United Way of southeastern Pennsylvania.

Jack Drosdick, chairman and CEO of Sunoco, said: Charlie has been a key contributor with Sunoco in a wide variety of roles for a long time. He always showed initiative and demonstrated a thoughtful, collaborative leadership style throughout his career.