Rushville Republican

Business

July 6, 2012

Herdrich honored by PMAA

RUSHVILLE — PMAA (Petroleum Marketers Association of America) is proud to name William J. "Bill" Herdrich as the 2012 recipient of PMAA's Distinguished Service Award. The award to Herdrich will be presented on Oct. 7 at a luncheon during PMAA's annual meeting in Las Vegas, Nev.

PMAA's highest honor, the Distinguished Service Award, is granted annually to an individual who has furthered the interests of the organization and the petroleum marketing industry through outstanding

voluntary service and leadership. Honorees are required to have made significant contributions to the industry at the local, state and national level.

Herdrich's rŽsumŽ includes stints as a PMAA board member, committee member and North Central Region Vice President. He is also a founder and current Chairman of the Management Committee of PMAA's Petroleum Marketers Oil Company, owner of the Spirit¨ brand. He served on the board of the

Petroleum Marketers Education Foundation, and is a former President of the Indiana Oil Marketers Association. He is a current member of the Shell Oil Products US Regional Council and has also served on the board of directors for Federated Insurance.

Herdrich is President of Rushville-based Herdrich Petroleum Corporation, which he founded in 1970. The company, which owns and supplies more than 100 retail fuel outlets and convenience stores throughout Indiana, carries branded and unbranded fuels including Shell, Phillips, BP, Marathon, Spirit¨ and Countrymark.

"Everyone on our committee knew that Bill had done many great things for our industry, but when you start totaling them all up, it is very impressive," said Vern Kelley, DSA Committee Chairman. "I think the

committee did a great job in selecting Bill Herdrich as this year's recipient," said PMAA Chairman, Stanley Roberts. "He has done so much to help PMAA and the Indiana Petroleum Marketers and Convenience Store Association."

"I'm extremely humbled to receive this award from PMAA. In fact, shocked might be a better word," said Herdrich. "It's a wonderful and unexpected honor."

Herdrich has been called by some a "Serial Entrepreneur" due to all of the different businesses he has created and been a partner of throughout the years. Herdrich's different businesses specialize in commercial investments, real estate leasing, tower leasing, residential housing developments, environmental engineering, and agricultural finance lending and crop insurance.

Herdrich's community and charitable endeavors are lengthy including current Board positions with the Wawasee Area Conservancy Foundation (WACF) and the Fayette Regional Health Hospital Foundation. Herdrich is also a current investment committee member and past President and Board member of the Rush County Community Foundation. Herdrich is a member of St. Paul's United Methodist Church where he has served as Finance chair for more than 25 years. Herdrich has also been involved in local Rush County entities such as Boy Scouts, Chamber, Scottish rite, Kiwanis, Masonic Lodge, school committees and investment clubs.

The Petroleum Marketers Association of America (PMAA) is a federation of 48 state and regional trade associations representing approximately 8,000 independent petroleum marketers nationwide.

 

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