Thursday, June 12, 2014

Michael Kasbar: World Fuel Services Head

Michael Kasbar studied at the State University of New York at Plattsburgh and earned a bachelor’s degree in environmental science. He decided to go into the energy sector and became a marine fuel broker in New York in 1978. Michael established Gray Bunkering Services, a marine fuel and lubricants company in 1983.

He then co-founded Trans-Tec Services, Inc. with his partner, Paul Stebbins. This firm was a global marine fuel services company which was acquired by World Fuel Services in 1995. Michael subsequently joined World Fuel Services as Director and Chief Executive Officer of the marine segment.

He has served as President and Chief Operating Officer of World Fuel Services and was responsible for driving the firm’s aggressive acquisition strategy and quest for operational excellence.  In 2014, Michael assumed his present role as Chairman, President and Chief Executive Officer of the firm.

Today, World Fuel Services is a global player in the downstream marketing and financing of aviation, marine, and ground transportation fuel products and related services. In more than 8,000 locations around the world the firm’s team of local professionals delivers innovative fuel solutions and logistics.

No comments:

Post a Comment