Joseph Petrowski

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Joseph Petrowski
Petrowski in November 2013
Born(1954-04-05)April 5, 1954
DiedNovember 19, 2023(2023-11-19) (aged 69)
Alma materHarvard University
Occupation(s)Founder and Managing Partner of Mercantor Partners
Board member ofSouth Jersey Industries, Society of Independent Gasoline Marketers, Claremont McKenna College, Boston College High School, Trinity Catholic

Joseph Petrowski was an American businessman who was the founder and managing partner of Mercantor Partners, an investment firm and management team working with Arclight Capital of Boston to undertake investments in downstream energy and retail convenience stores.[1]

Petrowski was a member of the board of South Jersey Industries (NYSE ticker symbol: SJI), a publicly traded natural gas utility and national energy merchant. Petrowski also serves as a board member for the Society of Independent Gasoline Marketers, Claremont McKenna College,[2] Boston College High School, and Trinity Catholic.

Petrowski also sat on the advisory council of the Boston Federal Reserve.[3]

Early life and education[edit]

He graduated cum laude from Harvard College in 1976.[4]

Career[edit]

Prior to forming Mercantor Partners, Petrowski served as chief executive officer and a member of the board of directors for Gulf Oil L.P. and Cumberland Farms, Inc. from 2005 through 2013.[5] During his time as CEO, the company achieved record earnings and increased the Cumberland Farms retail store count to 700 and Gulf branded locations to 3,500. When Petrowski left The Cumberland Gulf Group, the company was ranked by Forbes magazine as the 13th largest privately held company in the United States with $15 billion in annual revenue and over 7,000 employees. [6]

In 2016, Petrowski joined Yesway (previously BW Gas & Convenience Stores LLC) as a senior advisor to chairman and chief executive officer.[7][8]

Death[edit]

Petrowski died at age 69 on November 19, 2023, at his home in West Yarmouth, Massachusetts. He is buried at Woodside Cemetery in Yarmouth Port, Massachusetts.[9][10]

References[edit]

  1. ^ "Joe Petrowski: The Debate over US Energy Exports". Retrieved 13 March 2014.
  2. ^ "Claremont McKenna Economics Society Award Dinner". Retrieved 13 March 2014.
  3. ^ "Bloomberg Profile: Joseph Petrowski". Archived from the original on October 30, 2013. Retrieved 13 March 2014.
  4. ^ "Joseph Petrowski – Forbes". People.forbes.com. 2012-04-18. Archived from the original on January 23, 2013. Retrieved 2013-10-25.
  5. ^ "Bloomberg Businessweek Executive Profile: Joseph Petrowski". Archived from the original on March 13, 2014. Retrieved 13 March 2014.
  6. ^ "Forbes List of the Largest Private Companies". Retrieved 13 March 2014.
  7. ^ "FMN Columnist Joe Petrowski Joins Yesway as Senior Advisor and Member of the Firm's Executive Committee". Fuels Market News. 2016-07-26. Retrieved 2020-02-04.
  8. ^ "Joe Petrowski, Former CEO of Cumberland Farms, Joins Yesway as Senior Advisor and Member of the Firm's Executive Committee". www.businesswire.com. 2016-07-21. Retrieved 2020-03-12.
  9. ^ "Joseph Henry Petrowski". The Enterprise. Retrieved 5 April 2024.
  10. ^ "Obituary for Service at the Hallett Funeral Home". hallettfuneralhome.com. Retrieved 6 April 2024.