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PetroProperties & Finance Adds Regional VP

Chappaqua, N.Y-based Shriber will represent firm from Delaware to Maine
CORAL GABLES, Fla. -- PetroProperties & Finance LLC has announced that Ken Shriber, managing director of Petroleum Equity Group, Ltd., Chappaqua, N.Y., is joining its team of petroleum professionals. Serving in the capacity of region vice president, Shriber and his company will exclusively represent PetroProperties & Finance from Delaware to Maine.

"Ken brings to the PetroProperties & Finance network the valuable skills, knowledge, and expansive financial resources, which he cultivated with the Petroleum Equity Group platform," said Mark Radosevich, president [image-nocss] and COO of PetroProperties & Finance. "The Northeast Region is one of the key puzzle pieces to maintaining our national coverage, and having someone as qualified as Ken on the ground in metro New York City bodes well for both our brand and the marketers that we serve."

Shriber has an extensive downstream petroleum background, with more than 21 years of experience at Exxon Mobil Corp. His executive-level appointments included financial and operations management positions in dealer franchise, distributor and company-operated retail businesses. He also held other key domestic assignments and managed an international credit-card business during his tenure.

"By creating this alliance, we will be providing immense added value and a competitive advantage to jobbers and fuel marketers throughout the region and across the country," said Shriber.

Mike Baskin, CEO of PetroProperties & Finance, added, "We can now leverage Ken's finance and M&A talents with Petro's proven business processes to enhance marketer success and growth."

Coral Gables, Fla.-based PetroProperties & Finance exclusively serves the wholesale and retail petroleum industry, providing strategic business services including growth and acquisition financing, mergers and acquisition representation and retail network divestiture assistance.

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