Sunoco (NYSE:SUN) has announced the completion of its merger with NuStar Energy in an all-equity transaction.

Following the merger, Sunoco appointed Bradley C. Barron as an independent director to its general partner's board.

Barron's appointment follows the guidelines set forth in the Amended and Restated Limited Liability Company Agreement of Sunoco GP.

As part of his role, Barron will be eligible for compensation, which includes equity awards, under Sunoco’s Long-Term Incentive Plan.

This strategic merger and addition to the board are expected to bolster Sunoco's leadership and enhance its market position.