Quality Oil Appoints Don McIver as New CEO
Portfolio - People | Mar 04, 2025 | EIN
The board of managers at Quality Oil Co. has announced the appointment of Don McIver as president and CEO, succeeding Graham Bennett, who has retired. McIver, who has been with Quality Oil for over 15 years, previously held the position of executive vice president of finance. While he will continue in his role as executive vice president until a successor is found, McIver is honoured to lead the company that been a significant part of his career. Underlining his commitment to the company's growth trajectory, he emphasized Quality Oil's solid foundation and diverse portfolio that extends beyond petroleum products, to include convenience stores, hotels, transportation, and real estate development. Founded in 1929, Quality Oil has grown into a regional company and operates 138 convenience stores under brands like Quality Mart, Quality Plus, and GoGas.
Sectors
- Oil and Gas
- Retail
- Hospitality
- Real Estate
Geography
- United States – Quality Oil is based in Winston-Salem, North Carolina and operates regionally across the United States.
Industry
- Oil and Gas – Quality Oil began as a Shell Oil distributorship and has grown to become a regional provider of petroleum products.
- Retail – Quality Oil operates a chain of 138 convenience stores.
- Hospitality – The company's portfolio includes hotel operations, reflecting its influence in the hospitality industry.
- Real Estate – Quality Oil's diversification includes real estate development.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Don McIver | President and CEO | People | Newly appointed president and CEO of Quality Oil, succeeding Graham Bennett. |
| Graham Bennett | Former President and CEO | People | Recently retired from the position of president and CEO of Quality Oil. |
| Quality Oil Co. | Target Company | Companies | A family-owned local business with a diverse portfolio in petroleum products, convenience stores, hotels, transportation, and real estate. |
| Ernst & Young | Former Employer | Companies | Don McIver previously served as a partner at Ernst & Young before joining Quality Oil. |
| KPMG | McIver's Career Start | Companies | McIver started his career at KPMG before joining Ernst & Young. |