It is my extreme pleasure to announce officially that as of January 1, 2011, Eric Kielts will be taking over as President of Wallover Oil Company. I am making the announcement now as we wanted to inform the employees so that you have the official announcement first before it is announced to our industry. As of January 1, 2011, I will remain as CEO and Chairman of the Board until further notice. Thank you for all your support over the last 23 years as I hope you will equally support Eric as he takes on his new duties.
Hub Marquis would remain CEO of Wallover until June 30, 2012, at which time he retired.
During Hub’s time as President, Wallover Oil grew and evolved from a small family-owned company barely clinging to life to a thriving and growing company. As we mentioned earlier in the Wallover story, when Hub Marquis took the reigns as President of Wallover, he had three objectives. He wanted to increase the sales force, increase lab support, and hire a CFO. By the time Hub officially retired from Wallover in 2012, all of those goals had not just been reached – they had been exceeded. Indeed, the CFO that Hub hired -Dennis Switalski – is still on the job today. Eric Kielts, who worked his way up through the lab, is now President of Wallover. And Hub’s son, Kevin Marquis, is head of an ever-growing sales force.
Next week we will discuss Wallover’s expansion through a key acquisition and how that expansion is proof that Wallover is squarely on a path to continuing growth and prosperity. Stay tuned!