Florham Park, NJ – November 18, 2014 – Kalibrate, provider of strategy and technology solutions to the global fuel retail industry, today announced that Gregg Budoi has joined the executive management team as CFO and executive vice president. Budoi will be based in Kalibrate’s North American office in Cleveland, Ohio with Bob Stein, CEO, and will take on a new, enlarged role that will encompass finance, human resources, mergers & acquisitions and business development
“I’m delighted to welcome Gregg to the Kalibrate team,” said Bob Stein, president and CEO of Kalibrate. “Gregg has significant experience within the petroleum retail, convenience store and finance sectors as well as extensive merger and acquisition experience. I am confident that his wealth of expertise and proven track record of taking growth companies to the next level will help Kalibrate make good on its potential.”
Budoi has over 20 years of experience in senior finance and operational roles, primarily within companies in the petroleum retail, convenience store and finance sectors. He joins Kalibrate from EZ Energy USA, Inc. (“EZ Energy”), where he was CEO and president. Having co-founded EZ Energy in 2008, Budoi built the business to a chain of over 90 operated fuel/convenience stores across multiple locations with annual revenue in excess of $500 million, before overseeing the sale of EZ Energy to 7-Eleven in October 2012.
Prior to EZ Energy, Budoi was managing director and partner of Barnes Wendling Corporate Finance, LLC, a financial advisory firm created through the merger of Budoi & Company, Inc. and Barnes Wendling CPAs accounting firm. From 1997 to 2002, Budoi was CFO for Dairy Mart Convenience Stores, Inc. (“Dairy Mart”), a publically traded 850+ outlet chain. In addition, Budoi has been very active in the industry, serving on various boards and associations, including most recently a stint as the vice chairman and chairman elect of the BP/Amoco Marketers Association (BPAMA).
“Kalibrate possesses an incredible amount of valuable assets and capabilities that deliver a proven Value on Investment (VOI) for our clients,” said Budoi. “I am thrilled to be joining a dynamic growth company that is well positioned to not only continue serving the complex global fuel retails industry, but to expand into new growth markets.”
Kalibrate empowers fuel retailers around the globe to achieve greater VOI and success on their own terms by optimizing the 7 Elements for Fuel Retail Success. Through our strategy and technology solutions, clients gain fuller visibility, truer insight and more effective control over what matters most. Your Adaptive Edge™. Kalibrate is headquartered in Manchester, United Kingdom and Florham Park, New Jersey. The company has a center of excellence in Tulsa, Oklahoma and Melbourne, Australia and sales operations around the world. For more information, please visit kalibrate.com.# # #