Written on: June 16, 2016 by ICM
York, PA (Central Penn Business Journal)–
William Shipley III celebrated his 60th birthday on Wednesday. In just over two weeks, he will hand over the reins of his venerable namesake company after 24 years of leadership.
When Shipley Energy executive Dave Gruno takes over as CEO on July 1, it will mark the completion of a transition plan charted out nearly a decade ago.
Shipley and Gruno also expect it will mark the latest milestone for a growing local business which traces its roots back nearly 90 years. In addition to being a longtime provider of heating oil, Shipley Energy has become a significant competitor in the electricity and natural gas markets, and its portfolio also includes hospitality and food service operations.
Gruno said he will look to expand the company’s product offerings and geographic footprint, which includes 10 states.
“There are 49 deregulated states,” Gruno said of the energy industry. “We would like to be in all of them.”
Shipley, meanwhile, will transition into a new role as chairman of the board, lending strategic support, on a limited basis, related to acquisitions, major transactions or investments by the company.
“I am excited to transfer the reins of the organizational and strategic leadership of Shipley Energy over to Dave and our Executive Leadership Team,” said Shipley, who noted that the company has averaged 15 percent annual growth under his leadership.
“I am confident our company will continue to flourish and grow through the hard work of the talented group of professionals at Shipley Energy and their continued commitment to our customers and our community,” Shipley added.
But Shipley will be stepping away from operations and management — at least partly, he jokes, “to keep me out of Dave’s hair.”
“He’s a good, solid person,” Shipley said of Gruno, a U.S. Air Force veteran who joined the company in 2004.
“It is an honor for me to lead a team of outstanding people and continue the Shipley Family’s entrepreneurial spirit,” Gruno, 47, said. “The energy industry is rapidly evolving and we will continue to work on making the energy buying process easy for our customers and ensure that we consistently provide outstanding service.”
Courtesy: Central Penn Business Journal