Appleton, Wis. – May 10, 2017 – U.S. Venture, Inc. has promoted Mike Koel to the president of U.S. Gain, the compressed natural gas (CNG) division of U.S. Venture.
In his new role, Koel will lead the GAIN® Clean Fuel CNG brand and expand U.S. Gain’s fueling network across North America. He will continue to build the GAIN® Clean Fuel brand and generate awareness of CNG as a cleaner, more stable, and more effective way of doing business. Additionally, his focus will include the strategic expansion of natural gas distribution channels for the division.
“Mike has a passion for CNG, and he led the thought process behind U.S. Venture entering into the CNG business,” said U.S. Venture President and CEO John Schmidt. “He spearheaded the start of GAIN® Clean Fuel, and his vision has led to new opportunities for the company.”
Prior to the promotion, Koel was the vice president of business development for U.S. Oil, a division of U.S. Venture, Inc. His leadership in this role helped maintain U.S. Oil’s industry recognition as an innovative leader in the distribution of petroleum and renewable energy products for more than 70 years.
Koel joined U.S. Venture in 2001 as a trader—focused primarily on refined products and ethanol supply. He has extensive experience in the oil industry, including nine years as a natural gas trader/supply manager for Kaztex Energy Management, WPS Energy Services, and Howard Energy.
Koel is a graduate of the University of Wisconsin-Stevens Point with a Bachelor of Science in mathematics.