Essential.com Names Stephen A. Vogel President and CEO; Energy and Communications Marketplace Recruits 25-Year Energy Industry Veteran.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 31, 2001 Essential.com(SM), the Web's Energy and Communications Marketplace, today announced that Stephen A. Vogel has joined the company as President and Chief Executive Officer. Essential.com provides a one-stop Marketplace for a broad range of Energy and Communications services, including Energy, Wired & Wireless Telephone services, Internet Access See how to access the Internet. , and Digital Entertainment. Prior to accepting the position as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mr. Vogel was involved with EnerTech Capital Partners, one of Essential.com's lead investors, as a venture partner. In this role, Stephen has been working with Essential.com for several months. Mr. Vogel comes to the company with over twenty-five years of experience in the energy business. In 1971, he founded a retail propane propane, CH3CH2CH3, colorless, gaseous alkane. It is readily liquefied by compression and cooling. It melts at −189.9°C; and boils at −42.2°C;. distribution company that developed and grew into the fourth largest in the country. Stephen served as President and CEO of Synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. Gas Corporation, and President and CEO of Skelgas, Inc. Skelgas was sold in 1990 and Synergy was sold in 1995 for a combined enterprise value of over $300 million. Essential.com's former President and CEO Paul R. Lewis has left the company to pursue other business interests. Stephen A. Vogel commented, "I'm looking forward to bringing my experience in the energy industry and the business world to Essential.com. By far, Essential has the leading business model in the industry, a strong cash position, and continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. unfolding business opportunities across the country." About Essential.com Essential.com is the Web's Energy and Communications Marketplace. The company offers one-stop shopping for a variety of Essential Services needed to run a business or household. Essential.com's on-line Marketplace offers a wide selection of branded Essential Services including Electricity, Heating Oil, Natural Gas, Propane Gas, Internet Access, Telephone services and Satellite TV. Essential.com is based in Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 22,876 at the 2000 census. History Burlington was first settled in 1641 and was officially incorporated on February 28, 1799. and is on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at http://www.essential.com. Essential.com launched its award winning site in June of 1999 and earned the distinction of being ranked as one of Fastest Growing Sites on the World Wide Web, continuing to be the most visited energy site on the Internet. The Essential.com Marketplace continues to electrify e·lec·tri·fy tr.v. e·lec·tri·fied, e·lec·tri·fy·ing, e·lec·tri·fies 1. To produce electric charge on or in (a conductor). 2. a. the Internet, being recently recognized by McGraw-Hill Energy's Next Markets publications as leading the pack of energy e-tailers and being ranked a Top 10 Utility Web Site by Cap Gemini Ernst & Young. Essential.com is a service mark of Essential.com, Inc. All other trademarks and service marks are the property of their respective owners. |
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