What's Happening?
Chestnut Market has announced the appointment of Ryan Oettinger as its new CEO. Oettinger succeeds the founding Jamal brothers, who will transition to the company's board of directors. With over two decades
of experience in convenience retailing and petroleum sales, Oettinger aims to build on Chestnut Market's legacy of growth and team development. The company, founded in the 1980s, operates 80 locations across New York, New Jersey, and Connecticut, and distributes fuel to over 250 sites. Oettinger's previous roles include positions at Gilbarco Veeder-Root, Pilot Co., and Chevron.
Why It's Important?
The leadership change at Chestnut Market marks a significant transition as the company seeks to continue its expansion and adapt to evolving market conditions. Oettinger's extensive experience in the industry is expected to drive strategic growth and innovation. His appointment could lead to new business strategies that enhance operational efficiency and customer engagement. As Chestnut Market competes in the highly competitive convenience store sector, effective leadership will be crucial in maintaining its market position and exploring new opportunities for expansion.
