TravelCenters of America Inc. Names Jeff Burrell as Senior Vice President, Fuel
June 15 2020 - 9:28AM
Business Wire
Joins Transformation Team of New Senior Leaders
as part of Company Turnaround Plan
TravelCenters of America Inc. (Nasdaq: TA) today announced the
hiring of another new senior leader to aid in the company’s
recently announced strategic reorganization and transition plan.
Fuel and oil industry expert Jeff Burrell joins the company as
Senior Vice President, Fuel, and in that position he will lead the
company in all aspects of fuel purchasing and operations, including
contracting, retail pricing, and exploration and testing of new
fuel-related ventures. Mr. Burrell replaces Mark Dansizen, who is
retiring from the organization. TA is grateful for Mr. Dansizen's
contributions to the company and is pleased to have him continue to
serve as a senior advisor and assist in the transition.
Mr. Burrell brings more than 20 years of industry experience to
TA. He previously served as a Global Vice President for Circle K
and its parent company Alimentation Couche-Tard, a multinational
operator of 15,000 convenience stores, where he was responsible for
all of Circle K’s global fuel sourcing, brand and terminal
strategy, supply and trading, and consumer forecourt experience at
sites. He also spent more than a decade in leadership positions at
BP, including Chief Operating Officer of the company’s west coast
Ampm/Arco business. He also led fuel sales to BP’s largest national
accounts in North America. Mr. Burrell started his oil industry
career overseeing regional operations for Sunoco.
“Jeff’s arrival is yet another deliberate and strategic step we
are taking to position our company for growth and success during
this time of transformation. He will challenge the company to test
new ways of driving efficiency and value in its high-volume fuel
business to help pass savings and efficiencies to our fleets,
drivers and leisure travelers,” said Jon Pertchik, CEO of TA. “This
really is a unique time for us; we now have a new senior leadership
team in place that we expect to completely shift the trajectory of
this great company.”
The addition of Mr. Burrell marks the fifth new senior leader to
join the company since it announced a comprehensive reorganization
and turnaround plan on May 1. The other new senior leaders are SVP
and Chief Information Officer Sandy Rapp, SVP of Corporate
Development Dennis King, SVP of Hospitality Kevin Kelly and SVP of
Procurement Jamie Hubbard.
“This new transformation team not only brings to TA a vast
amount of experience, fresh perspective and innovative ideas, but
each member comes with an intrinsic eagerness to develop successful
teams and foster collaboration, which benefits our employees,
company culture and ultimately our customers and partners,”
Pertchik added. “We are confident we now have the team in place to
further enhance the customer experience at TA.”
About TravelCenters of
America
TravelCenters of America Inc. (Nasdaq: TA) is the nation’s
largest publicly traded full-service travel center network. Founded
in 1972 and headquartered in Westlake, Ohio, its more than 20,000
employees serve customers in over 265 locations in 44 states and
Canada, principally under the TA®, Petro Stopping Centers® and TA
Express® brands. Offerings include diesel and gasoline fuel, truck
maintenance and repair, full-service and quick-service restaurants,
car and truck parking and other services and amenities dedicated to
providing great experiences for professional drivers and the
general motoring public. TravelCenters of America operates nearly
650 full-service and quick-service restaurants and 10 proprietary
brands, including Quaker Steak and Lube®, Iron Skillet® and Country
Pride®. For more information, visit www.ta-petro.com.
Warning Concerning Forward-Looking Statements
This press release contains statements that constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other securities laws.
Also, whenever TA uses words such as “believe”, “expect”,
“anticipate”, “intend”, “plan”, “estimate”, "will", “may” and
negatives or derivatives of these or similar expressions, TA is
making forward-looking statements. These forward-looking statements
are based upon TA’s present intent, beliefs or expectations, but
forward-looking statements are not guaranteed to occur and may not
occur. Actual results may differ materially from those contained in
or implied by TA’s forward-looking statements. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors, some of which are beyond TA’s control. For example:
- This press release indicates several benefits that TA and its
Chief Executive Officer, Jon Pertchik, expect TA to realize as a
result of the hiring of Mr. Burrell and TA’s strategic
reorganization and transition plan. However, there can be no
assurance that TA will realize these benefits, including TA may not
realize the annual cost savings and efficiencies it expects and its
new management and changes in TA’s operating focus may not produce
the results TA expects. Further, TA may not realize improved
performance despite its new management and reorganization plan due
to various factors and risks applicable to TA’s business, many of
which are outside its control.
The information contained in TA’s filings with the Securities
and Exchange Commission, or SEC, including under “Risk Factors” in
TA’s periodic reports, identifies other important factors that
could cause TA’s actual results to differ materially from those
stated in or implied by TA’s forward-looking statements. TA’s
filings with the SEC are available on the SEC’s website at
www.sec.gov.
You should not place undue reliance upon forward-looking
statements.
Except as required by law, TA does not intend to update or
change any forward-looking statements as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20200615005449/en/
Tina Arundel TravelCenters of America 216-389-3028
tarundel@ta-petro.com
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