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Technology/Services

Veeder-Root Names New President

Industry veteran to lead 'exciting time of transformation'
Photograph: Shutterstock

SIMSBURY, Conn. Fuel-management products supplier Veeder-Root has named Dave Coombe its new president.

In this role, Coombe will lead the global Veeder-Root business to accelerate development of integrated site solutions serving the needs of distributor partners and customers around the world in the retail fueling and convenience-store market, the company said.

“Dave’s industry knowledge, history of process-driven continuous improvement and track record of results make him a proven leader within our business,” said Aaron Saak, president of Gilbarco Veeder-Root. “He is an ideal choice to lead Veeder-Root in this exciting time of transformation.”

Coombe joins Veeder-Root after more than 15 years with the Gilbarco Veeder-Root organization. He worked across many areas of Gilbarco Veeder-Root in his time with the company, Saak said. Coombe most recently was managing director for Europe, where he led the business to deliver above-market growth. Concurrently, Coombe was the president of the Committee of European Manufacturers of Petroleum Measuring and Distributing Equipment (CECOD), focused on driving standards across Europe.

“The Veeder-Root brand has such a strong presence across the globe in our industry, and I am really excited to be able to build upon that success as we continue to deliver products and solutions that delight our customers. It really is an honor to have the opportunity to lead our teams with the wealth of expertise and domain knowledge that our people have in this market,” Coombe said.

Simsbury, Conn.-based Veeder-Root is a global supplier of fuel management products to manage onsite operations, compliance reporting, fuel procurement, inventory reconciliation and accounting processes. Veeder-Root products and services are installed in more than 500,000 tanks globally and responsible for 22 billion gallons of gasoline and diesel fuel annually.

Gilbarco Veeder-Root, Greensboro, N.C., specializes in retail and commercial fueling operations, offering a range of integrated solutions from the forecourt to the convenience store and head office. Major product lines include fuel dispensers, pump media, point-of-sale systems, payment systems, tank gauges and fleet management systems.

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