(Jefferson City) – MFA Oil today announced that Jerry Taylor, president and chief executive officer, will retire effective August 31, 2014. Taylor will remain with the company to lead MFA Oil’s investments in MFA Oil Biomass, AgFuel Energy Systems and WasteWater Logic, according to a press release.
Mark Fenner, currently chief operating officer, will assume the role of president and chief executive officer as of September 1, 2014.
Taylor has been the company’s president and chief executive officer since January 1, 2003. He started his relationship with MFA Oil in 1982 as a consultant, having developed a chain of convenience stores. In 1988, Taylor became an employee and was named the director of marketing. In 1991, Taylor was named vice president of sales and in 1992 transitioned to vice president of supply and distribution. In 1995, he was named the vice president of retail and in 1998 was further promoted to senior vice president of retail and supply before being named president in 2003.