Company News

Aloha Petroleum CEO to Retire

CFO to take the helm of Hawaiian marketer
Photographs courtesy of Aloha Petroleum

HONOLULU -- Aloha Petroleum will enter a new phase in its leadership when, on Dec. 31, President and CEO Richard Parry retires and is succeeded by Vice President and CFO Tom Grimes.

Parry has been with Aloha Petroleum for more than 10 years. Under his leadership, the company has celebrated a number of accomplishments, including the purchase of the Shell’s Hawaii assets; acquisition of Menehune Food Mart’s retail assets on Kauai; expansion of the Aloha Island Mart convenience store brand from 30 to 54 stores; growth in the number of employees from 300 to more than 800; and winning the exclusive Dunkin’ Donuts franchise for the state of Hawaii.

“It is with mixed emotions that I retire from Aloha Petroleum,” Parry said. “It has been a thoroughly gratifying experience to work in such a dynamic and exciting organization with an amazing team of talented people. I will truly miss that, but I look forward to pursuing the many interests I haven’t had time on which to focus over my 48-year working life. The company will be in the very capable, caring hands of Tom Grimes.”

Grimes joined the company in 2002. Prior to joining Aloha, he spent 20 years in banking.

Aloha Petroleum is one of the largest gasoline marketers and convenience-store operators in Hawaii, with a history that dates back to the early 1900s. It operates through approximately 100 Shell-, Aloha-, and Mahalo-branded gas stations and 50 Aloha Island Marts, four Menehune Food Marts, three Subways and five Dunkin’ Donuts restaurants.

Houston-based Sunoco LP acquired Honolulu-based Aloha Petroleum in 1974.

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