LP Gas, February 2019

industry UPDATE INDUSTRY NEWS NUMBERS Star Group mourns sudden passing of CEO mulls organizational decisions S teven J Goldman president and CEO of Star Group LP died suddenly on Dec 22 the company announced He was 58 It is with great sadness that we mark the passing of our longtime CEO and colleague Steve Goldman says Paul Vermylen Stars chairman of the board Having known Steve for almost 15 years I can speak for the board in recognizing his leadership and stewardship of Star Group Vermylen adds He led the transformation of Star into what it is today a leading energy provider serving Goldman approximately 450000 full service customers in 18 states and the District of Columbia where customer service drove every decision he made He will be greatly missed by everyone associated with the company and leaves behind a team fully capable of leading Star Group for years to come The board of directors announced that Dan Donovan Stars prior president and CEO and a current member of its board will lead the company on an interim basis through the end of the heating season while the board considers organizational and personnel decisions Goldman had been president and CEO of Star Group and a member of its board of directors since October 2013 prior to which he was its executive vice president and COO From 2000 to 2010 Goldman held various operating management positions with Stars Petro unit Prior to joining the company Goldman worked for United Parcel Service ACQUISITIONS SALES Continued on page 10 ACQUISITIONS SALES TIMELINE DECEMBER JANUARY 1 ThompsonGas Fredrick Maryland acquires Automatic Gas and Appliance Co Sylacauga Alabama 2 Energy Distribution Partners Chicago acquires Ebbetts Pass Gas Service Arnold California 3 Paraco Gas Rye Brook New York acquires the propane portion of Martins Oil Gas Uxbridge Massachusetts 4 DiLeo Gas Worcester Massachusetts acquires Meacham Propane Charlton Massachusetts 5 Sharp Energy Georgetown Delaware acquires the propane assets of R F Ohl Fuel Oil Lehighton Pennsylvania 6 Martin Midstream Partners Kilgore Texas acquires Martin Transport Kilgore Texas 7 Energy Distribution Partners Chicago acquires Anderson Propane Services Caldwell Ohio The acquisitions listed here were made public and or reported to LP Gas magazine To report your companys acquisition email brichesson@ northcoastmedia net QUALITY STEEL INSTALLS NEW PRESIDENT CEO 8 LPGas February 2019 LPGasmagazine com PHOTOS COURTESY OF STAR GROUP LP AND QUALITY STEEL CORP ISTOCK COM JENNAWAGNER 1 THOMPSONGAS ACQUIRES ALABAMA COMPANY The acquisition of Automatic Gas and Appliance Co of Sylacauga Alabama marked the sixth acquisition for Frederick Maryland based ThompsonGas in 2018 ThompsonGas CEO Jeff Kerns says the company added over 150 employees and 50000 customers throughout 2018 2 EDP ACQUIRES EBBETTS PASS GAS SERVICE Harold and Yolanda Mosbaugh started Ebbetts Pass Gas Service in 1942 to provide propane to local mills for kiln drying lumber in the Sierra Nevada Mountain Range of California The operation expanded into residential and commercial propane and further into gasoline diesel and sand and gravel sales The operation now serves 2019 deals reported 7 2018 deals reported at this point 0 He Goldman led the transformation of Star into what it is today a leading energy provider serving approximately 450000 full service customers in 18 states and the District of Columbia PAUL VERMYLEN CHAIRMAN OF THE BOARD After more than 40 years of service to the propane industry as CEO of Quality Steel Corp Jim Tims has retired and stepped away from day to day operations at the Mississippi tank manufacturing company He will continue as chairman of the board of LT Corp parent company of Quality Steel In addition serving for more than 20 years in the propane industry as president of Quality Steel and an active member of the National Propane Gas Association Virgil Mullins has transitioned from the presidents role to the role of adviser to senior management Sean Wessel former CFO for Quality Steel accepted the dual responsibility of president and CEO going forward Bill Monaghan formerly corporate controller succeeds Wessel as CFO Also with more than 35 years in the propane business Don Miller regional sales manager will retire in March Ken Horton recently accepted the position of regional sales manager at the company Wessel