After a successful seventeen-year career co-founding and operating Ocean Petroleum Co., Inc., a petroleum distributorship, Mr. Kelso joined Matrix Capital Markets Group, Inc. in 1997 and created the firm’s Downstream Energy and Convenience Retail Investment Banking Group which is the national leader in providing investment banking services to the companies in the petroleum marketing and convenience store industries. During his career, Mr. Kelso managed scores of petroleum distribution and c-store transactions and has been a frequent speaker at various industry trade group meetings discussing topics related to capital formation and mergers and acquisitions. He served as Group Head until he became President of the firm in 2017. As President, Mr. Kelso focused on the continued growth of Matrix through the addition of new industry verticals and management of the firm, while also continuing to assist on downstream energy and convenience store transactions, mentoring young professionals and developing a marketing strategy to further drive the growth of the firm. In addition, Mr. Kelso served as Head of Matrix’s Corporate Recovery and Special Situations Groups where he led the firm’s efforts in more than fifteen bankruptcy cases. Mr. Kelso retired from Matrix at the end of 2022. He continues to hold Series 79, 63, 24 and 99 FINRA securities licenses. Mr. Kelso currently serves as Chairman of the Kelso Bishop Family Foundation and he serves on two corporate boards (one public and one private). He also serves as Chairman of Hogan for Maryland (the campaign of Larry Hogan) for U.S. Senate from Maryland), Chairman of An America United, Inc. and Change Maryland, Inc. that are social welfare organizations created to advance the bipartisan message of Governor Larry Hogan nationally and in Maryland. Previously, Mr. Kelso was Chairman of the Maryland Stadium Authority, the Hogan Rutherford Re-election Campaign, Chairman of both of Governor Hogan’s inaugural committees, Vice Chairman of the Foundation for the Preservation of Government House Maryland, Chairman of the Maryland Public Policy Institute and Director and Chairman of the John Carroll School. Mr. Kelso attended the University of Baltimore and The Johns Hopkins University where he majored in accounting. While enrolled in John Hopkins, he served as Business Manager of the Evening College and Summer Session. Mr. Kelso left Johns Hopkins before graduating to co-found Ocean Petroleum Co. in 1976.
A Privately Held Family Owned Business
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Member Board Of AdvisorsA Privately Held Family Owned BusinessPhoenix, Md, Us
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ChairmanHogan For Maryland, Inc. Feb 2024 - PresentAnnapolis, Maryland, United StatesLarry Hogan's Campaign for U.S. Senate from Maryland
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Member Board Of DirectorsA Privately Held Family Owned Business Mar 2023 - PresentBaltimore, MdMember of board of directors for a large family owned privately held company.
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Board MemberPublicly Traded Master Limited Partnership Feb 2023 - PresentAllentown, PaIndependent Director and Member of Conflicts and Audit Committees.
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ChairmanAn America United Feb 2019 - Mar 2024Annapolis, Maryland, United StatesA 501(c)4 dedicated to advancing the message of Governor Larry Hogan across the United States
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Chairman Board Of DirectorsMaryland Stadium Authority Mar 2015 - Mar 2023Baltimore, Maryland AreaAppointed by Governor Larry Hogan as Chairman of the Maryland Stadium Authority Board in March 2015. The Board oversaw the activities of the Executive Director and staff of the MSA and is responsible for setting the direction and policy for MSA projects - current and future - as well as approving all contracts for MSA projects. In addition to owning and leasing the stadiums, warehouse and historic Camden Station at Baltimore's Camden Yards sports complex, the MSA is managing the construction of $1.1 billion 21st Century Schools program for Baltimore City Public Schools and has managed dozens of construction projects for counties and municipalities all over Maryland. The MSA is best known for its on time and on budget performance. for more information visit www.mdstad.com. -
President, Managing Director & PrincipalMatrix Capital Markets Group, Inc. Jan 2017 - Dec 2022Baltimore, Maryland Area -
Managing Director & Principal, Head Of Downstream Energy & Convenience Retail GroupMatrix Capital Markets Group Apr 1997 - Dec 2022Baltimore, Maryland AreaHead of the Downstream Energy & Convenience Retail Group and directs the firm’s Baltimore office. I created the Downstream Energy & Convenience Retail Group to provide financial advisory services to companies engaged in the petroleum marketing and convenience store industries. In addition, I manage the firm’s Restructuring, Reorganization and Bankruptcy practice. -
ChairmanHogan Rutherford Inaugural Committee Nov 2018 - Feb 2019Annapolis, MdChairman of the Hogan Rutherford Inaugural Committee.
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ChairmanHogan For Governor Nov 2015 - Dec 2018Annapolis, MdChairman of the Hogan for Governor re-election committee in the 2015 - 2018 election cycle. -
ChairmanHogan - Rutherford Inaugural Committee Nov 2014 - Dec 2014Hogan - Rutherford Inaugural CommitteeChairman of Inaugural Committee formed to stage and fund all of the inaugural events for the in-coming Governor and Lt. Governor of Maryland - volunteer role.
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Chairman Board Of DirectorsMaryland Public Policy Institute Jan 2008 - 2012
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Chairman Of The BoardThe John Carroll School 2007 - 2009The John Carroll School
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Co Founder & CfoOcean Petroleum Co., Inc. 1976 - 1991Ocean Petroleum Co., Inc.Co-founder and 50% shareholder of Ocean Petroleum Co., Inc. a motor fuels distributor serving Maryland, Virgnia, New Jersey and Pennsylvania.
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ClientEllin & Tucker, Chartered 1980 - 1984
Thomas E Kelso Education Details
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The John Carroll School
Frequently Asked Questions about Thomas E Kelso
What company does Thomas E Kelso work for?
Thomas E Kelso works for A Privately Held Family Owned Business
What is Thomas E Kelso's role at the current company?
Thomas E Kelso's current role is Member Board of Advisors.
What schools did Thomas E Kelso attend?
Thomas E Kelso attended The Johns Hopkins University, University Of Baltimore, The John Carroll School.
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