President and CEO Robert Moore announced publicly that he will retire in July 2016 from the company that he’s led since 2008.
A native of Maine, Moore joined Dead River Company in 1995 as general counsel and vice president of administration, later becoming senior vice president of petroleum. A graduate of Trinity College and the University of Maine School of Law, Moore is a former Naval officer, a former partner at the Pierce Atwood law firm and served as a senior advisor to Maine Governor John R. McKernan.
“It is one of the great honors of my life to lead this company,” said Moore. “We have the industry’s finest people and I consider it a privilege to work with every one of them.”
During Moore’s tenure as CEO, he focused on growing the company’s core business of supplying propane, heating oil, and other distillate products to residential and commercial customers across northern New England.
Moore also placed emphasis on exemplary service to customers and broader public service to the communities in which Dead River Company does business. Under Moore’s leadership, the company focused its charitable giving on three primary community commitments: to fight hunger and food insecurity, to offer home heating assistance, and to support pre-school and elementary education related endeavors.
In 2013, Moore and Dead River Company were awarded the JoAnn Pike Humanitarian Award, given by the Good Shepherd Food-Bank. That same year, he was awarded the Distinguished Citizen Award by the Pine Tree Council of the Boy Scouts of America. In 2015, Junior Achievement of Maine elected Moore to the Maine Business Hall of Fame.
In addition to his retirement announcement, Mr. Moore also announced that the company’s board of directors has promoted current vice president of energy, Deanna Sherman, to company president, effective January 1, 2016. In July, Sherman will take over as CEO.
Incoming President, Deanna Sherman had high praise for Moore, with whom she’s worked since his arrival at Dead River Company. “There’s a reason Bob has been recognized as a great humanitarian, as a distinguished citizen, and as an exemplary business leader. He truly is all of those things as well as a trusted colleague and friend. Bob Moore has set a very high bar. His leadership has given Dead River Company, its people, products, and services a reputation for high quality,” added Sherman. “I’m proud to be able to continue to uphold the company’s core values of integrity, caring and excellence and lead this company into the future.”
Sherman first joined Dead River Company in 1986 and currently serves as vice president of the Energy Division. Sherman is responsible for leading operations, sales and marketing.
“Deanna is well known and highly respected in our industry as someone who understands not only the complicated dynamics of the energy marketplace, but who also respects the needs and expectations of our customers. Her demonstrated leadership and keen business acumen have been integral to Dead River Company’s growth and success,” said Moore. “For this company, in particular, these are crucial skills.”
As President, Sherman will continue the company’s focus on growing its core business and its commitment to the communities it serves through charitable contributions and volunteerism. Moore will remain on the Dead River Company board of directors following his retirement in July 2016, at which time Sherman will become President and CEO.
“This is one of the most values-driven companies in New England,” said Sherman. “Our ‘Delivering on a promise’ motto sums it all up. Every one of our employees, from our drivers to our technicians and customer service representatives to our managers and our executives considers it a privilege to serve our customers and support our communities. Everyone puts his or her heart into delivering energy and peace of mind. Those qualities will never change, and that’s what makes it a pleasure to come to work every day.”
Deanna Sherman is a graduate of Colby College and received an M.B.A. from the University of Southern Maine. She is a member of the Board of Directors at United Way of Greater Portland, Educate Maine, and the Maine Energy Marketers Association. She grew up in Bar Harbor and lives in Gorham, Maine with her husband David.