VP Racing Fuels, Inc. has announced that over the coming months, company owner Steve Burns will sell his interest in the company to Alan Cerwick, former executive at Valero Energy and 19-year veteran of the petroleum industry. Cerwick will assume the position of president, while Burns will remain CEO and continue to direct all research and development for race fuel products.
Cerwick has held key management positions at Koch Industries and was formerly vice president of wholesale operations at Valero Energy. In 2002, Cerwick was integral to the rollout of Valero branded gasoline stations across the U.S.
- For more of the latest news, click here.
- To see the contents of the current print issue of PSB, click here.
Copyright 2011 Powersports Business