HOUSTON, September
5, 2013 – Jiffy Lube
International, Inc., a wholly-owned subsidiary of Shell Oil Company
and industry
leader in vehicle preventive maintenance, today announced the appointment of Steven
Ledbetter as its new president. Ledbetter is responsible for the management
and growth of the Jiffy Lube franchise, including oversight of more than 2,000
independently owned Jiffy Lube service centers in the U.S. and more than 100
operated in Canada.
“Steve’s strategic mindset and deep understanding of
the lubricants business make him an ideal leader for the Jiffy Lube
organization, “ said Istvan Kapitany, President, Shell Commercial Fuels and
Lubricants Americas. “An industry veteran, Steve is equipped to expand the
franchise and its offerings, and his expertise should prove invaluable to the more
than 250 franchise entity groups comprising the Jiffy Lube system today.”
Ledbetter joined Shell in 1999 and has extensive
knowledge of the downstream business from lubricants to pipeline distribution
to manufacturing. He has served in a variety of leadership positions including finance,
business strategy and sales. Most recently Ledbetter was the Director of Business
to Consumer Key Accounts North America, where his team managed large-volume
installer customers for the Shell lubricants business.
“I am excited to be leading this iconic brand and
business, and I look forward to working to ensure that we continue to set the
pace for the preventive maintenance industry,” said Ledbetter. “I am also looking forward to collaborating with
our extremely talented group of Jiffy Lube franchisees, who are committed to our
brand and providing quality service to vehicle owners.”
Jiffy Lube serves more than 22 million customers
annually. Earlier this year, Entrepreneur magazine ranked Jiffy Lube third
in its annual Franchise 500® listing, as one of the top franchising
opportunities for entrepreneurs in 2013.
Ledbetter
holds a Bachelor in Business Administration in Finance from Texas A&M
University.
About Jiffy
Lube
Jiffy Lube International Inc. (“Jiffy Lube”), with more than 2,100 franchised service centers in North America, serves approximately 22 million customers each year. Jiffy Lube pioneered the fast oil change industry in 1979 by establishing the first drive-through service bay, providing customers with fast, professional service for their vehicles. Headquartered in Houston, Jiffy Lube is a wholly owned, indirect subsidiary of Shell Oil Company. Visit www.JiffyLube.com to learn more about Jiffy Lube and vehicle care.
Jiffy Lube International Inc. (“Jiffy Lube”), with more than 2,100 franchised service centers in North America, serves approximately 22 million customers each year. Jiffy Lube pioneered the fast oil change industry in 1979 by establishing the first drive-through service bay, providing customers with fast, professional service for their vehicles. Headquartered in Houston, Jiffy Lube is a wholly owned, indirect subsidiary of Shell Oil Company. Visit www.JiffyLube.com to learn more about Jiffy Lube and vehicle care.
About Shell Oil Company
Shell Oil Company is an affiliate of the Royal Dutch
Shell plc, a global group of energy and petrochemical companies with 90,000
employees in more than 80 countries. We deliver a diverse range of energy
solutions and petrochemicals to customers
worldwide. These include transporting and trading oil and gas, marketing
natural gas, producing and selling fuel for ships and planes, generating
electricity and providing energy efficiency advice. We also produce and
sell petrochemical building blocks to industrial customers globally, and we are
investing in making renewable and lower-carbon energy sources competitive for
large-scale use. In the U.S., we operate in 50 states and employ more than
20,000 people delivering energy in a responsible manner. For more information,
visit www.shell.us.
Notes to Editors
Cautionary Note:
The companies in which Royal
Dutch Shell plc directly and indirectly owns investments are separate entities.
In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are
sometimes used for convenience where references are made to Royal Dutch Shell
plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our”
are also used to refer to subsidiaries in general or to those who work for
them. These expressions are also used where no useful purpose is served by
identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell
subsidiaries” and “Shell companies” as used in this press release refer to
companies in which Royal Dutch Shell either directly or indirectly has control,
by having either a majority of the voting rights or the right to exercise a
controlling influence. The companies in which Shell has significant influence
but not control are referred to as “associated companies” or “associates” and
companies in which Shell has joint control are referred to as “jointly controlled
entities”. In this press release, associates and jointly controlled entities
are also referred to as “equity-accounted investments”. The term “Shell
interest” is used for convenience to indicate the direct and/or indirect (for
example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership
interest held by Shell in a venture, partnership or company, after exclusion of
all third-party interest.
This press release contains
forward-looking statements concerning the financial condition, results of
operations and businesses of Royal Dutch Shell. All statements other than
statements of historical fact are, or may be deemed to be, forward-looking
statements. Forward-looking statements are statements of future expectations
that are based on management’s current expectations and assumptions and involve
known and unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or implied in
these statements. Forward-looking statements include, among other things,
statements concerning the potential exposure of Royal Dutch Shell to market
risks and statements expressing management’s expectations, beliefs, estimates,
forecasts, projections and assumptions. These forward-looking statements are
identified by their use of terms and phrases such as ‘‘anticipate’’,
‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’,
‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’,
‘‘risks’’, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and
phrases. There are a number of factors that could affect the future operations
of Royal Dutch Shell and could cause those results to differ materially from
those expressed in the forward-looking statements included in this press
release, including (without limitation): (a) price fluctuations in crude oil
and natural gas; (b) changes in demand for Shell’s products; (c) currency
fluctuations; (d) drilling and production results; (e) reserves estimates; (f)
loss of market share and industry competition; (g) environmental and physical
risks; (h) risks associated with the identification of suitable potential
acquisition properties and targets, and successful negotiation and completion
of such transactions; (i) the risk of doing business in developing countries
and countries subject to international sanctions; (j) legislative, fiscal and
regulatory developments including regulatory measures addressing climate
change; (k) economic and financial market conditions in various countries and
regions; (l) political risks, including the risks of expropriation and
renegotiation of the terms of contracts with governmental entities, delays or
advancements in the approval of projects and delays in the reimbursement for
shared costs; and (m) changes in trading conditions. All forward-looking
statements contained in this press release are expressly qualified in their
entirety by the cautionary statements contained or referred to in this section.
Readers should not place undue reliance on forward-looking statements.
Additional factors that may affect future results are contained in Royal Dutch
Shell’s 20-F for the year ended December 31, 2012 (available at www.shell.com/investor
and www.sec.gov).
These factors also should be considered by the reader. Each forward-looking statement speaks only as
of the date of this press release, September xx, 2013. Neither Royal Dutch Shell nor any of
its subsidiaries undertake any obligation to publicly update or revise any
forward-looking statement as a result of new information, future events or
other information. In light of these risks, results could differ materially
from those stated, implied or inferred from the forward-looking statements
contained in this press release.
We may have used certain
terms, such as resources, in this press release that United States Securities
and Exchange Commission (SEC) strictly prohibits us from including in our
filings with the SEC. U.S. Investors are
urged to consider closely the disclosure in our Form 20-F, File No 1-32575,
available on the SEC website www.sec.gov.
You can also obtain these forms from the SEC by calling 1-800-SEC-0330.
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