Fuels

Petro Plus USA Appoints Business Development Manager

Baker is M&A expert

WEST PALM BEACH, Fla. -- Petro Plus USA Inc. has announced the appointment of Randy Baker to lead its business development activities, effective immediately.

Baker has 27 years of business experience in mergers and acquisitions, strategy development and tactical implementation in senior levels of both public and private organizations. He is highly regarded as an expert in optimizing organizational efficiencies, human resources management and M&A transactions, Petro Plus USA said.

In his role with companies including AutoNation, [image-nocss] Pepsi Cola, Kodak and LASON, he led the integration efforts for more than 1,000 acquisitions, held responsibility as chief administrative officer for a multinational company and established administrative and human resource policy for 26,000 employees in a $3.7 billion operating division of AutoNation.

David Cohen, president and CEO of Petro Plus, said, "The appointment of Randy Baker provides our company with the additional experience and capabilities that will allow us to achieve the financial targets in our 2006 business plan. His unique qualifications in identifying, closing and integrating acquisitions will allow us to aggressively begin building a revenue base."

West Palm Beach, Fla.-based Petro Plus USA is a development-stage company focusing on the acquisition, ownership and operations of a portfolio of retail gas stations. The businesses being acquired will include convenience stores that offer a broad selection of merchandise and ancillary products and services including car care products, tobacco, beer, soft drinks, self-service fast food and beverages, publications, dairy products, groceries, health and beauty aids, money orders and other services.

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