MFA Oil Company announces the appointment of Jeff Raetz as its chief financial officer effective July 30, 2019. Raetz will lead the company’s finance strategy and oversee the company’s accounting, finance and information technology operations.
Raetz brings more than 30 years of experience in corporate finance and accounting to his new role. Prior to joining MFA Oil Company in July as vice president and controller, Raetz served as chief financial officer and vice president at MFA Incorporated. Previously, Raetz was chief financial officer at OCCI, Inc., director of accounting at MFA Oil Company, financial services manager at MidwayUSA and senior staff accountant and manager at Dalton & Marberry CPAs.
“Jeff has extensive financial, operational and strategic experience and is well-versed in cooperative business practices,” says MFA Oil President and CEO Jon Ihler. “We are thrilled to have someone with a proven track record serving as our new CFO.”
Raetz received his bachelor’s degree in accounting and finance from Truman State University.
About MFA Oil Company:
MFA Oil Company, formed in 1929, is a farmer-owned cooperative with more than 40,000 members. MFA Oil is the seventh largest propane retailer in the United States. The company supplies fuels, lubricants and propane to customers in Missouri, Arkansas, Indiana, Iowa, Kansas, Kentucky, Oklahoma and Tennessee. Through a subsidiary, MFA Oil operates Break Time convenience stores in Missouri and Arkansas, Jiffy Lube franchises in central Missouri and Big O Tires franchises in Missouri, Arkansas and Oklahoma.