Technology/Services

FuelQuest Appoints New CTO

Achukola selected to lead development of fuel management solution
HOUSTON -- FuelQuest Inc., an on-demand software and services company for the global downstream energy industry, said that Srini Achukola has joined the company as chief technology officer (CTO) for its fuel management business. With more than 20 years of commercial and enterprise information technology experience, Achukola brings a combination of knowledge in retail, freight and logistics to FuelQuest. He will direct the software development, quality assurance and managed services teams for FuelQuest's fuel management business.

Matt Tormollen, president and CEO, FuelQuest, [image-nocss] said, "Derived from years of solving complex supply chain challenges through technology-enabled solutions, Srini's expertise will enable us to strengthen our offerings and enhance the effectiveness of our global fuel management network and services."

Srini joins FuelQuest from KLC International, a $2.5 billion global retail operations software and services provider where he was vice president of IT, responsible for all application and systems infrastructure. Previously, Srini was global vice president of IT at Business Objects Inc, a business intelligence software and services firm, and vice president of infrastructure and applications at Consolidated Freightways. Additionally, he was director of retail products at PeopleSoft.

"Having direct experience as both a customer and provider of supply chain solutions in the retail, freight and logistics sectors enables me to better translate customers needs and opportunities into valuable, cost-effective offerings. I look forward to collaborating with FuelQuest's team, customers and partners as we expand our network, platform and services," said Achukola.

FuelQuest provides on-demand, web-based supply chain management and tax automation technologies for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest solutions deliver operational and financial value to more than 750 customers. These customers include leading global oil companies, international retailers, shippers, and government entities. FuelQuest solutions help customers manage the complexity, regulation and market volatility of billions of gallons of gasoline and diesel fuel annually. ZyTax solutions process tens of billions of dollars of motor fuels excise taxes per year.

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