has been appointed as Drake’s COO, CFO and Director. Mr. Smith is an entrepreneurial manager with extensive experience in operations, finance and accounting having served over 20 years in senior management roles. He has a proven track record of accelerating companies' growth in both size and profits.
Mr. Smith began working for Citgo Petroleum Corporation, one of the nation’s top ten petroleum producers, where his position involved planning/negotiating mergers and acquisitions in key locations in order to maximize freight logistics. He subsequently acquired 6 entitles through the T. Boone Pickens' hostile takeover.
Mr. Smith also served as Controller of Unibev, a startup acquisition arm for franchise-owned Pepsi bottlers. He acquired 12 franchise bottlers in 3 states and engineered the growth of Unibev from a start up to over $500 million in sales until it was acquired by Pepsico (NYSE: PEP).
Mr. Smith then served Russell Standard in the capacity of CFO/COO. Russell Standard is a third generation family owned company initially with approximately $16 million in revenues. In these positions, he focused on mergers and acquisitions growing the company from $16 to $80 million in revenue.
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