"We were looking for a property that would fit our open working environment and culture, and allow us to have a viable, [image-nocss] central location for all of our Cumberland Farm and Gulf Oil employees," said Joseph Petrowski, CEO of Cumberland Farms, which has been the parent company of Gulf Oil since 1986. "Our workforce has been key to our growth, and it was important to remain in a central location to ensure satisfaction, while allowing us an advantage in recruiting and retaining employees."
The new combined headquarters will be located in a three-story building located at the Route 9/Interstate 90 Interchange off Exit 12 of the Massachusetts Turnpike. The new location is part of the 9/90 Corporate Center Park, in a suburban setting. The Park features a Marriott Residence Inn, foodservice, onsite management and other amenities. Additional corporations in the Park include Staples, Computer Associates, NMS Communications, Capital One and Genzyme.
National Development of Newton is the landlord of the space at 100 Crossing Boulevard in Framingham where Cumberland Farms and Gulf Oil are moving. DTZ FHO Partners represented both the tenants and National Development in the transaction.
As reported in CSP Daily News, the companies said in August that they would be consolidating and streamlining the management teams of both firms to increase operational efficiency. The consolidation took effect October 1.
Petrowski became Group CEO of Cumberland Farms-Gulf Oil. He reports to a nine-person board made up of five independent members and four Haseotes family members with Lily H. Bentas, who is currently CEO of Cumberland Farms, as chairperson. Ari Haseotes, currently vice president of marketing for Cumberland Farms, became president of Cumberland Farms Retail. Ron Sabia, chief operating officer at Gulf Oil, became president of Gulf Oil.
Click herefor previous CSP Daily News coverage.Cumberland Farms operates a network of retail stores, gas stations and a support system including petroleum, dairy and grocery distribution operations spans 11 states across the Northeast and Florida.
Gulf Oil distributes motor fuels in the Northeast through a network of more than 2,400 Gulf-branded gasoline retail centers, 12 proprietary oil terminals, and a network of more than 50 other supply terminals. It supplies heating oil, diesel fuel, jet fuel and kerosene to these branded retail outlets through both its Gulf brand and, in the seven states of New England and New York, the Exxon brand. Through its unbranded subsidiary, Great Island Energy, Gulf Oil also supplies petroleum products as well as risk management and financial services to industrial, commercial and independent retail firms. Gulf Oil through its ownership interest in, World Energy is also the nation's largest distributor of biodiesel.
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