Westlake, Ohio — TravelCenters of America Inc. (TA) has appointed Peter J. Crage as executive vice president, chief financial officer and treasurer, effective immediately. Crage succeeds William E. Myers, who has resigned from the company.
“Peter joins TA with experience directing large and complex financial organizations in the hospitality, entertainment and foodservice industries,” says Jonathan M. Pertchik, managing director and CEO of TA. “He has a strong record leading transformational change, achieving operational excellence and driving profitability in dynamic environments. In addition, Peter brings a ‘can-do,’ high-energy attitude, which is central to the direction we are taking the company’s culture to drive change, growth, cost control and financial performance.”
Crage brings more than 30 years of financial leadership experience working at public and private companies. Most recently, he served as chief financial officer of Diamond Resorts, a $1 billion private equity-owned organization with more than 350 vacation destinations in 35 countries. He also previously served as CFO of Seaworld Entertainment Inc., a $1 billion theme park operator.
TravelCenters of America Inc. is the nation’s largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, it has more than 260 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, car and truck parking and other services and amenities. TravelCenters of America operates nearly 650 full-service and quick-service restaurants and 10 proprietary brands, including Quaker Steak and Lube®, Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.
SOURCE: TravelCenters of America Inc.