Keith Shadrick Named Chief Executive Officer

MORRISVILLE, NC – Jones & Frank, the premier provider of fueling system solutions in the North America announced today that Keith Shadrick has been named Chief Executive Officer effective October 1, 2018.  Jim Bolch, the current CEO will assume the role of Executive Chairman of the Board of the Directors.

“I am excited and honored about stepping up to lead Jones & Frank” said Shadrick. “Without a doubt we have the most experienced and capable team in the industry today.  I am looking forward to building on the great strides that have occurred over the last several years to establish Jones & Frank as the leader in quality and responsiveness in providing solutions to our customers’ fueling equipment needs. On behalf of the entire Jones & Frank team, I’d like to express our sincere appreciation to Jim for his leadership, vision and passion for excellence that has established the foundation for a bright and promising future for every Jones & Frank team member and the customers we serve.”

Keith joined Jones & Frank in 2016 as Vice President Supply Chain Operations.  In that role, Keith made dramatic improvements in supply chain quality and responsiveness including the integration of the ANS Distribution business acquired in 2016.  In 2017, Keith was promoted to role of Senior VP of Operations leading all operational business functions including safety, purchasing, distribution, fleet management, service operations and construction operations.  Since moving into this role one year ago, Keith has lead the re-engineering of our service business with an intense focus on quality, the optimization of our network of distribution centers and branches and driven improvement in key operational processes.

Keith began his career in the US Army as an Infantryman and Airborne Ranger. After his return from the first Gulf War, he transitioned to the Quartermaster Corps and held roles in materials management, logistics and petroleum supply. Keith’s Army career culminated with commanding a logistics support unit. After 17 years of military service, Keith joined General Electric as a Six Sigma Black Belt. He held roles of increasing responsibility including Global Logistics Manager for GE Supply and Director of Operations for the Polymershapes Division of GE Plastics. After the divestiture of GE Plastics, Keith was the Senior Director of North American Operations for CNH Industrial Parts & Service, responsible for serving 3,000 dealer’s parts and service needs in North America as well as providing world-wide aftermarket parts supply for agricultural and construction machinery produced in the U.S. Prior to joining Jones & Frank, he served as VP of Operations at Smith Cooper International where he automated a highly manual distribution and fulfillment operation to dramatically improve performance levels and customer satisfaction. Keith has a BS degree from Austin Peay State University, a Masters Degree in Business Management from Cardinal Stritch University and is a certified LEAN Six Sigma Master Blackbelt.

“I am thrilled to be working with Keith in such a seamless transition in company leadership” said Jim Bolch.  “We have built an outstanding operation over the last three years and the company is very fortunate to have such a talented executive as Keith in place to take the company to the next level.  I am also looking forward to a different, but active role in the company focused on strategic growth opportunities both within the core and in new markets. Jones & Frank is the clear market leader with an impressive distribution footprint, outstanding relationships with the largest suppliers and customers in the industry and a highly capable field organization.  The company operates from a position of strength and has an experienced executive team as well as the most respected sales and operations staff in the industry.  We also are fortunate to have exceptional support from our majority owner MidOcean Partners.  I am excited about the opportunities ahead for Jones & Frank as we continue to position the company for long-term success.”

About Jones & Frank

Jones & Frank is the leading turnkey solution provider to the North American fueling infrastructure industry. The company distributes, installs and services fueling equipment for retail fueling stations, commercial and government fleets and emergency power customers. Jones & Frank currently operates a network of 4 distribution centers, 18 branch offices and almost 600 employees located across the United States.  Distribution, service, and installation services are provided nationally, and include a network of over 350 highly skilled service and construction personnel.  Jones & Frank represents the premier products in the fueling infrastructure marketplace including Gilbarco/Veeder-Root, VeriFone, OPW, Franklin Fueling and Containment Solutions.

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