Eric Slifka is the executive who is currently at the helm of the Global GP LLC company. Mr. Slifka brings an impressive set of skills to the table and is doing an excellent job of leading the company. In researching his history and background, we learned some interesting facts about him that are worthy of sharing with the world. Here are 10 things that you didn't know about the Global Partners CEO Eric Slifka.
1. He was with Global Partners since its inception
Eric joined Global Partners in 1998 when the company first began. The first position that he held was as its director. He occupied this position until July of 2004, when he was made the CEO and President by election. He's been in charge of the company for a decade and a half.
2. He worked his way up in the company
Everyone has to get their training and experience somewhere and Mr. Slifka received his at Global Partners and the fore runners. When it comes to a diverse background, he has worked in most aspects of GP, serving in senior positions overseeing the marketing departments, distribution, supply and accounting. He worked his way up to a Vice President position before becoming the CEO of the business.
3. He's a brilliant strategist
Eric Slifka is in the business of growing the company and as the leader, he knows the importance of making acquisitions, but ensuring that the company purchases businesses that will drive volume through their facilities. He goes after companies that feed the retail aspect of the businesses for the gas station and convenience stores within the Global partners portfolio and he is continuously on the lookout for new opportunities which will yet further expand the portfolio.
4. He leads a massive company with thousands of outlets
It's remarkable how well Mr. Slifka leads and manages the huge Global Partners company which operates 297 convenience stores in the Eastern states of the US throughout Maine, Connecticut, Massachusetts, Vermont, New York, New Jersey, New Hampshire, Rhode Island and Pennsylvania. In addition the company either leases or owns 25 bulk terminals for storing fuel and distributing them. When you pull into a gas station to fuel your vehicle, in any of these states, it's likely that the unbranded gasoline comes from their network.
5. Slifka serves on multiple boards of directors
Eric is a busy executive but he manages his time very well. He serves as board member or director of several different companies, many within the Global Partners system and some are on the outside. These include Global GP, AE Holdings, Warren Equities, Inc., Energy Policy Research Foundation, Inc, Alliance Energy, which he also owns, Massachusetts Energy Marketers Association, National Oilheat Research Alliance Director, New England Fuel Institute Director, Massachusetts Youth Committed to Winning, Inc, New York Oil Heating Association Inc and more.
6. He worked at the companies that preceded Global Partners
Here is an interesting fact about Mr. Slifka's history with Global Partners. He has been associated with them since before the company was officially formed in 1998. He started work at the companies that laid the foundation and groundwork for global companies and he was with them since 1987. It's no small wonder that he has such an intimate knowledge of all aspects of the company.
7. He is also a business owner
Mr. Slifka is also a business owner himself. He is a multi-tasker who also serves as the director of his own business. Eric owns AE Holding Corporation. He also serves as the director of this company. In addition to this, he is also director and owner of Alliance Energy LLC which is a subsidiary company of Global Partners.
8. He supports worthy causes
Eric Slifka has a wealth of knowledge to share with others. He serves on a few very important boards for organizations that seek to make a difference in the lives of real people. He's on the board of directors for the Massachusetts Youth Committed to Winning as well as the Massachusetts General Hospital Presidents Council. These two organizations are committed to encouraging youth in business as well as providing quality healthcare for the people of Massachusetts and he takes the time to advise them out of his busy schedule.
9. Eric Slifka has a high net worth
He has been highly successful in his career and has made some very wise investments. According to Wall Mine, his personal net worth as of July 2018 is estimated to be at $14.7 million. He owns stock in the Global Partners company as well as others and his last known salary with the company was $1,309,970 with other bonuses and benefits in a healthy compensation package. He is the highest paid executive at the company.
10. Eric is the grandson of the founder of the company
Abraham Slifka is Eric's grandfather and he immigrated to American from Poland. The family was poor, but very hard working. This is a business that started out very small and grew with time. The first energy sources that they supplied for their customers were coal and oil. The company was passed down from one generation to another and has stayed in the Slifka family with multiple grandchildren serving on the boards and taking on various aspects of leadership to keep their family heritage moving on a forward trajectory. If you're wondering why Eric Slifka is so passionate about what he does, it's because he's continuing to build the family's legacy along with the other talented leaders within the Global Partners company. It's very much a family business which has gone public and continues to thrive under the current generation.
Written by Dana Hanson
Read more posts by Dana Hanson