Roy Strasburger has spent the bulk of his time with the organization in business development and international operations. His new role encompasses all aspects of the convenience store arm of the company, the largest division in the highly diversified conglomerate that also includes interests in banking, agribusiness, travel and leisure pursuits, fuel distribution [image-nocss] and real-estate holdings.
"Roy has been the driving force behind our very innovative business model, which focuses on operating small format retail locations for owners who do not want to operate the businesses themselves," said H.T. Strasburger.
Temple, Texas-based Strasburger Enterprises has been operating convenience stores and gas stations for major oil companies throughout the United States as those companies have transitioned away from direct company operations. The same model has been applied to distressed assets owned by large financial institutions and venture capitalists. Growth in that segment of Strasburger's business has been steady for several years.
According to the new president of the c-store division, "The current economic climate has added momentum to an already steady growth pattern in the past six months or so. We are expecting growth during the rest of 2009 and beyond."
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