Petrowski Named One of Nation's Top CEOs

Cumberland Gulf Group leader's "work, reputation highly regarded in industry, amongst other CEOs"

Joe Petrowski

FRAMINGHAM, Mass. -- Joe Petrowski, CEO of The Cumberland Gulf Group, has been selected by ExecRank, a national executive ranking service, as one of the nation's "Top Private-Company CEOs" for 2012. The rankings are the result of two years of research and feedback from evaluation committees and top CEOs based on performance in 24 key areas.

"Joe Petrowski has a long record of success at The Cumberland Gulf Group. We were extremely impressed with his achievements across the company, including his strategic initiatives for both Cumberland Farms and Gulf Oil LP," said Adam Navrozally, lead analyst for the rankings division of ExecRank,. "Additionally, Mr. Petrowski's work and reputation are highly regarded in the industry and amongst other CEOs nationwide."

Petrowski is responsible for planning, executing, and integrating the strategic goals of both Cumberland Farms and Gulf Oil LP. He was named CEO of The Cumberland Gulf Group in 2008, after serving three years as CEO for Gulf Oil. With an extensive background in international commodity trading, energy and retail management and public policy development, Petrowski provides the knowledge and drive necessary to bring 7,000 employees of the company to their next level of success.

"I am honored to receive this recognition from ExecRank as one of the nation's top private company CEOs, and give credit to our entire team here at The Cumberland Gulf Group," said Petrowski. "The employees of Cumberland Farms and Gulf Oil work tirelessly to grow our business and expand our brands, which provides me with continuous motivation and makes my job as CEO a pleasure. I sincerely applaud each and every member of our team for their dedication."

There are more than 100,000 private-company CEOs in the United States. Only the very best are awarded the distinction of being a part of ExecRank's Top Private-Company CEO Rankings for 2012. According to ExecRank, the No. 1 area of focus for Top Private CEOs in 2012 has been their ability to spread their company's reputation for leadership and innovation in their industry. The CEOs that made this list represent the best of the best in executive leadership.

The Cumberland Gulf Group is a strategic amalgamation of Cumberland Farms Inc. and Gulf Oil LP, focused on leveraging the combined management experience and operational expertise of the two entities to create economic efficiencies, facilitate continued dynamic growth and generate synergistic value propositions.

Cumberland Farms is among the largest U.S. independent convenience store operator by units, with a market-leading position throughout the Northeast as well as a significant presence in the Mid-Atlantic region and Florida. Cumberland Farms is parent company to Gulf LP, one of the largest wholesalers of refined petroleum products in the Northeast and Mid-Atlantic. In 2011, the Cumberland Group generated approximately $13 billion of sales through a footprint of 589 c-store locations operated under the Cumberland Farms banner and through the operations of its subsidiary Gulf Oil. The Cumberland Group is a privately held, family-owned and managed company that includes real-estate and midstream gasoline operations.