Chief Operating Officer (Tetco Stores)
$2B privately held corporation whose holdings include a convenience store company comprised of 800 gas station/convenience stores (retail & wholesale dealers), a bulk gasoline & crude oil transporter, a c-store construction company, fuel equipment installation & service company, a car wash sales & service company, an oil & gas exploration & operating company, a real estate development company, and a road construction & utilities installation business.• Drove acquisition strategy and organic growth to build highly profitable $2B business comprising wholesale petroleum distribution and c-store retail operation of up to 190 owned, leased, or managed and 650 dealer locations.• Spearheaded strategic planning, critical decision-making, and Board presentations. • Oversaw day-to-day operations of 2000 employees and managed wide scope of financial, operational, marketing, and HR functions.• Delivered impressive growth and profitability (1999-2011): Total Revenue +632%, Gross Profit +258%, EBITDA +62%, Gallons Sold +202%, Fuel Gross Profit +113%, Merch. Sales +305%, Merch. Profit +322%.• Identified, pursued, and defined negotiating strategy for 4 consecutive acquisitions (2002, 2003, 2004, and 2007), adding 303 locations and 12 fast food restaurants, doubling wholesale supply accounts.• Removed key competitor from the market, became fast food franchisee, and delivered rapid ROI. TTM Dec 2011 ROI: Acquisition 1 (Aug 2002) 46.31% Acquisition 2 (Oct 2003) 32.79% Acquisition 3 (Jun 2004) 18.65% Acquisition 4 (Jan 2007) 11.34%• Won over large group of professionally trained “big oil” management and store-level employees, successfully transferring Tetco Stores’ corporate culture and mindset. • Maintained 100% of Chevron corporate employees 8 years post-acquisition.• Developed and implemented successful comprehensive proprietary private-label fresh food program through entire retail chain, contributing incremental $650K in annual profit.