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Direct Energy Veterans Join Petroleum Marketer to Launch New Retail Energy Supplier

July 24, 2013

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Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

A Northeast petroleum marketer is expanding into load-serving retail electricity and natural gas supply, and has hired several veterans of Direct Energy and Strategic Energy to lead the effort.

Specifically, Guttman Energy, Inc., d/b/a Guttman Oil, a petroleum marketer with operations in fourteen states in the eastern United States, is launching Guttman Energy, which will act as a retail electric supplier and retail natural gas supplier. Guttman Energy, Inc. had $3.4 billion in revenue in 2012.

Guttman Energy said that it is seeking to obtain licenses to become a retail energy provider in Pennsylvania and Ohio (the Pennsylvania applications were recently filed), and is projected to be operational by the end of 2013.

Guttman Energy said that it will serve commercial and industrial customers through a combination of channel partners and direct sales. In the Pennsylvania electric and gas applications, the company seeks to serve all sizes of non-residential customers in all service areas.

Gary Smelko leads Guttman Energy's retail energy business as Executive Vice President of Guttman Energy, Inc.'s Natural Gas & Power Division. Smelko previously held a variety of roles at Guttman Oil Company.

Michael Young serves as Vice President and General Manager of Guttman Energy, Inc.'s Natural Gas & Power Division. Young was formerly Senior Vice President of North American Sales at Direct Energy Business, and previously held a similar role at Strategic Energy. A 30-year industry veteran, Young was most recently Executive Vice President of Sales at Viridity Energy, and was also formerly Vice President of Retail Services at Aquila.

Doug Schaefer serves as Head of Supply and Trading for Guttman Energy, Inc.'s Natural Gas & Power Division. Schaefer was formerly Head of Operations at Global Energy Market Services (a wholly owned subsidiary of Fellon McCord), leading the company's expansion into retail energy brokering. Schaefer was also formerly Director of Portfolio Management at Strategic Energy and has started several energy consulting and trading companies.

Kim Thoma serves as Director of Business Development - Channels for Guttman Energy, Inc.'s Natural Gas & Power Division. Thoma was previously Senior Manager, Channel Operations for Direct Energy and held a similar role at Strategic Energy.

Darren Sadowski serves as IT Director for Guttman Energy, Inc.'s Natural Gas & Power Division. Sadowski was previously Manager of Business Analysis and Strategy for Direct Energy.

Guttman Oil Company is a fuels marketer and fuel management solutions provider, offering a variety of products and solutions to commercial, wholesale, and retail customers, including gasoline, additives, alternative fuels, propane, and lubricants. Affiliates are also engaged in related transportation and storage businesses.

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