Executive Placement Shows Flyers Committed to Green Economy
Flyers Energy, LLC announced today that Chief Operating Officer Ken Dwelle will assume the role of President of Flyers Sustainable Energy, signaling increasing emphasis on the renewable energy sector. Flyers Energy leadership sees the green revolution as one of their biggest opportunities. “Renewables made up about 25 percent of our profitability for 2020, and we expect that to grow,” said Flyers CEO Tom Di Mercurio.
Flyers Energy has been generating solar power for their own use since the mid-nineties and later expanded into commercial production of solar power, ethanol, biodiesel and renewable natural gas.
Recognized as one of the largest privately held companies in the Sacramento area, Flyers Energy now operates more than 400 commercial fueling locations in 18 states and has focused on leading the industry in technology innovation, particularly among independent oil distributors.
Ken Dwelle, President of Flyers Sustainable Energy
The purchase of seven retail gas stations is how Flyers Energy got started. Revenues totaled $25 million in 1987 on 24 million gallons of fuel. In 2020, that number totaled $1.6 billion in revenue on 700 million gallons of fuel. The company saw a decrease in gallons of approximately 18% as compared with 2019 due to the pandemic.
Dwelle has been Chief Operating Officer of Flyers Energy since 2012. In taking this newly created position, Dwelle is charged with navigating an ever-changing landscape of energy options and regulation and leading the company’s renewable energy efforts to further success. “Ken’s broad operational leadership experience and business acumen make him the right person for this job,” said Di Mercurio.
About Flyers Sustainable Energy, LLC A sister company to Flyers Energy and Nella Invest, Flyers Sustainable Energy is focused on renewable energy and has investments in solar, ethanol, biodiesel, cogeneration and renewable natural gas production facilities.
About Flyers Energy, LLC Flyers Energy, LLC operations include transportation, commercial fueling, distribution of Mobil™ lubricants, supply of wholesale and branded fuel as well as generation of renewable fuels and power in the United States. Flyers Energy fuel sites and its eastern cardlock locations under the name Quick Fuel comprise the largest participant on the Commercial Fueling Network (CFN).
JobbersWorld Note: Of particular interest to lubricant distributors is that Flyers is the authorized ExxonMobil lubricant distributor for most of California and all of Nevada and Arizona.