Common sense is not common. Simon sometimes wishes he had been able to attend college, but his business has prevented it. I wanted to build a great company in the energy world because I had seen other companies that werent doing that. However, as the company grows, striving for the lofty goal of a presence beyond the US, it will be a challenge to maintain the entrepreneurial spirit of the company, its cultural key since Sam founded Atlas in 1985. Date of Birth: Jun 6, 1955 - Mar 8, 2015 (59 years old) Place of Birth: Evans has assumed interim leadership roles, serving as Chief Financial Officer, Chief Operations Officer, and President to guide restructurings, turnarounds, and post-merger integration (100 days). Atlas, a fuel distribution and supply management company, has been a model of how SGH takes experience, knowledge, innovation and ambition to advance to new heights. He has invested about a third of the $75 million. Make sure they are passionate for that business and that they want to grow. 24501 Ecorse Rd. SGH has over 120 companies and direct investments, 3,000 customers and 1,000 employees. Robbies career began in state government, where he worked on the executive staff for the Michigan Attorney General, Secretary of State and three Speakers of the House. In this capacity, he develops and executes the Companys strategy including leading the overall product and technology strategy, creating the go-to-market strategy, partnership collaboration, and recruiting and developing the organization. He said he approaches deals the same way he grew Atlas Oil. It might take you longer, but its worth your time to do it right. Atlas Oil Chairman and CEO Sam Simon will retain a significant ownership stake in Empire and join its board of directors in an influential role as part of the merger. Around the same time, he started Simon Group Holdings, which has more than 120 companies and direct investments. We have conversations about what the trends are, whats important to them, where we can be an asset and what we can learn from them. Be disciplined and dont fall in love with the assets or the company. In success or failure, stay humble. Their partnership flourished both in business and in life. I invest in people. Reporter: Covers banking, finance, technology, and I love entrepreneurs, people who have the drive and the passion to do well, says Simon, founder and chairman of Atlas Oil Co. and Simon Group Holdings. This is what whores do, they worm their way into your mind. Thats where Sam met Nada, also an immigrant from Iraq, who was working for Ford Motor Co. Sam knew she was the right person and offered her a job. The latest Tweets from Sam Simon (@SamSimonCEO). CEO, Atlas Oil. Founder & Chairman of Simon Group Holdings @SGH335 with a passion for winning and giving back. As for Simon's reputation as a deal-maker, Valenti said: "He's a force of nature. Kenyon will remain as a Strategic Advisor for Simon Group Holdings and its subsidiaries. Atlas Oil, and the allegations in this count relate only to the PSA, the court is . She oversees all the legal affairs for the entities and affiliates housed under the SGH umbrella. With direct operational oversight of over 40 fleet trucks and 1,365 accounts, including CVS, Spartan Food, Kroger, Farmer Jack, and Costco Club, Victor was an integral part of Great Lakes Ice Company becoming the second largest ice manufacturer in state, and eventually selling to the number one ice company in 1995. In 2003, Victor became the Director of Real Estate for Fast Track Ventures, a Simon Group Holdings company. Space for a computer lab inside 335 E. Maple in Birmingham. Sam Simon is the Founder and Chairman of Simon Group Holdings (SGH), a diversified holding company based in Birmingham, MI. $1 Million - $5 Million. Sam Simon runs multiple gas stations and purchases his first truck (on credit card) to distribute fuel to tankwagon customers in Southeast Michigan. From there, the company grew to 30 service stations, which Simon began to manage in 1980 while he was still a junior in high school. What is the value proposition? About Us . 'When you fuel up with purpose you find the excitement in the mundane, the passion in the everyday, the extraordinary in the ordinary.' In 1985, he launched Atlas Oil Co. in Taylor, MI with a single delivery truck, and has built it into a 2+ billion gallon-a-year fuel wholesaler with over 500 employees. Mike began his professional career as a financial analyst supporting General Motors executive staff business units. After building one of the largest fuel convenience stores in Michigan in 2013, the National Association of Convenience Stores (NACS) awarded Victor with Store Design of the Year. One of the most important things that he No stranger to overcoming challenges, she attributes her success to a strong work ethic, integrity, and always doing the right thing. "He's a father figure for Atlas. Simon has sponsored fund-raising activities at schools and Henry Ford Hospital. Nada was instrumental in the growth of Atlas, a company that now delivers over 1 billion gallons of fuel annually. Dewayne . Simon founded Atlas Oil in 1985 and built it into a $1 billion company that delivers more than 1 billion gallons of fuel each year to customers in 49 states. But, before we delve into the details of his job, let's go through his education at first. Atlas Oil Chairman and CEO Sam Simon will retain a significant ownership stake in Empire and join its board of directors in an influential role as part of the merger. So, how much is Simone Simon worth at the age of 95 years old? The first Sunday after the family arrived, however, they attended church, and the priest offered the family some furniture and clothes. Sam Simon is Chairman/CEO/Founder at Simon Group Holdings Limited. Be solution driven. At-a-glance. He knows his employees and their families. biotechnology. The addition of the Atlas retail business will significantly enhance Empire's fuel volumes while strengthening its relationships with branded partners, including Marathon, ConocoPhillips, CITGO and BP. Atlas Oil Company is a privately-held distributor of petroleum products with a presence in the United States. He and was a television producer and director, actor, cartoonist and professional poker player, as well as a philanthropist, but best known for creating the . Sam Simon, who launched Taylor-based Atlas Oil Co. in 1985 with a single truck and a credit card and built it into a $2 billion-a-year fuel wholesaler, is building a network of private equity . In 2014, Victor was part of the founding of Simon Family Office, which constituted in the formation of Fund I, Fund II, and today, Fund III. A Simon Group Holdings company. But before he agreed to sell, he said, I have to believe in you, and I said, I wont let you down. I still have his letter when we paid off the whole thing. New property managers were brought in and eventually bought the stations. He is also recognized annually as one of the top business leaders in Metro Detroit by DBusiness Magazine, and was featured in Crains Detroits American Dreams issue, which honors immigrant entrepreneurs who have made strides in our community (2018). With a combination of over $75 million, Victor continues to manage the three funds and is a fundamental part of the continuing growth of the Simon Family Office. Industry: Energy & Utilities. The first deal I did was in 1986 when I bought a company called Great Lakes Oil out of Detroit. In this capacity, he develops and executes the Com. Parts of floors were cut out to open the space up and increase the interior light. Talk to everyone. Get them away and sit down with them in a different environment so they can loosen up and speak honestly. sam simon net worth atlas oil. All rights reserved. His Armenian Catholic family left Iraq in 1973, when Sam was just nine, and settled in Michigan. Related Hubs. Generally, the funds look to invest in underperforming, undervalued companies, usually with revenue between $10 million and $100 million, where management can be brought in to turn things around. #7. If you want something, you have to go after it, and never give up. On Dec. 4, More than 100 Simon Group Holdings and Atlas Oil team members hosted 2,600 United States military service men and women and their families at Selfridge Air National Guard Base, home to the 127th Wing. In 2009, he and Nada founded the Sam & Nada Simon Foundation. "Sam has a long history of innovation and growth, and we look forward to capturing his entrepreneurial energy and vision.". Kevin Prokop, a managing partner at Detroit-based Rockbridge Growth Equity LLC, one of Dan Gilbert's family of companies, doesn't know Simon personally, but he praised Simon's investment strategy of buying underperforming companies in areas where he has particular expertise, then bringing in management to turn them around. Additionally, Empire recently expanded its credit facility to $250 million in order to close several strategic acquisitions and support future growth initiatives. He said he spent a total of $7 million on the building and its complete 17,000-square-foot renovation, another year-and-a-half build-out that was finished a few months ago. Modern furniture and details like this pattern on a couch are throughout the renovated 335 E. Maple in downtown Birmingham. If you want the ideal example of an immigrant achieving the American Dream, look no further than Sam Simon, founder and chairman of Simon Group Holdings and Taylor-based Atlas Oil. SGH adopts a similar attitude internally, as is easy to see by its preference for team players with keen entrepreneurial spirits. The funds have raised $75 million in committed capital and invest in a wide range of industries and companies, some in Simon's sweet spot of oil distribution and service-station management, others as far from that as managing digital content for political candidates and providing modular classrooms for schools. The Foundation currently supports enrollment for students at De La Salle Collegiate and Holy Name Catholic School. Note: Revenues for privately held companies are statistical evaluations. Atlas story and ongoing success provides a great deal of insight into Sams unshakable commitment to Team leadership, cross-silo communication and relentless technological innovation. For more information or to explore partnership opportunities click here. The CEO Magazine is more than a business title; its a source of information, inspiration and motivation for the worlds most successful leaders, executives, investors and entrepreneurs. After graduating high school, Simon enrolled at Masada College. Then look at the balance sheets and the trends and assess where those trends are going. Born in Indianapolis, Indiana, Mike believes in faith, family and work, in that order. in finance and accounting. Canada's Richest People: The Complete Top 100 Ranking. Entrepreneur Sam Simon has built his success by betting on people. CB Rank (Hub) Greater Detroit Area Investors . Empire Petroleum Partners, LLC ("Empire") and Atlas Oil Company ("Atlas") announced today that they have combined their retail dealer businesses to create a powerful, national fuel distributor. 2 According to documents attached to the complaint, Khamis leased the premises for his gas station from defendant FTV Livonia - 31401 W. 8 Mile Rd. Simon has been honored with many recognitions for his success in business, including: Entrepreneur of the Year from Ernst & Young (1999), Economic Bridge Builder of the Year from the American Arab Chamber of Commerce (2016), Visionaries of Detroit from Fortune Magazine (2010), Outstanding Business Leader from Northwood University (2018), Bates Street Society Pillar award for Business Success and Philanthropic contributions (2023) and was previously appointed to the National Petroleum Council by Secretary of Energy, Spencer Abraham. And promptly put his son to work, too. Atlas Oil Company Established. He, along with his parents and four siblings made their first home in a family friends basement near Five Mile and Gratiot Roads. John has served as a case evaluator for both the Oakland and Macomb County Circuit Courts. He is a member of the Turnaround Management Association, and the Michigan and Illinois Bankers Associations. If he puts his efforts behind a project, it's as good as done. He and his wife began their family foundation in 2011, The Sam and Nada Simon Foundation, primarily to support military service men and women and their families as well as select children's organizations. Another example of partnering with seasoned industry veterans is Birmingham-based Tikoo Solutions LLC, a new platform company of Soaring Pine Capital Growth Fund I. Simon's father, Ramzi, found work in a gas station and bought the operation within two years. Empire will receive additional equity capital from its financial sponsor American Infrastructure MLP Funds (AIMLP) as part of the combination, as well as other significant shareholders. Founded in 1985, Atlas Oil, headquartered in Taylor, Michigan is the flagship brand in the Simon Group Holdings investment portfolio. Sam Simon, who launched Taylor-based Atlas Oil Co. in 1985 with a single truck and a credit card and built it into a $2 billion-a-year fuel wholesaler, is building a network of private equity funds based in downtown Birmingham. Atlas Oil Company welcomed back long-time managing partner Michael Evans to serve as President. He even goes so far as to examine the culture of any prospective partners before their financial metrics, to ensure they fit well with SGHs own culture. He and his wife Barb have two daughters, Stephanie and Samantha, both married, who live in South Lyon, MI and St. Louis, MO respectively. Oil and Simon Group Holdings. Get the team together to collaborate and innovate. In their spare time, Barb and Gerry enjoy many outdoor activities and spending time at their cottage on Lake Huron in Ontario. Atlas Oil's . Gerry began his career in EHS consulting before moving into the automotive/transportation industry, where he spent the next 35 years working in multiple roles that not only covered all aspects of EHS, but also included numerous multi-disciplinary assignments in Human Resources, Engineering, Risk Management and Operations. Again, Silke rose quickly through the ranks and now oversees the accounting team and all corporate financials. He manages a core group that originates, structures, and negotiates acquisitions and dispositions, as well as leads the turnaround and repositioning of distresse. Mike has assisted many community organizations including the Harvest Temple Cass Corridor Outreach group, a feeding program for the homeless; the World Vision Organization; the Detroit Rescue Missions Ministry; the Salvation Army; and the American Red Cross. TV Producer. Atlas Oil Transportation, Inc. Website. An associated email addresses for Sam Simon are simons***@comcast.net, sam.si***@yahoo.com and more. "It stands for 'Always the Leader at Service,'" Simon said. He also holds a Bachelor of Business Administration from Ferris State University (Big Rapids, MI). The name "Atlas" refers to Simon's corporate philosophy, not the size he wants the company. Our content creates conversations, our voice is the one that matters. Atlas handles unbranded gasoline and petroleum products and branded products for the major gas companies, such as Chevron, Marathon and Texaco. Outside of work and philanthropy, Sam and Nada enjoy spending as much time possible with their twin boys, Peter and Michael, and take every opportunity to gather their extended family. Type: Company - Private. Founder, Chairman & Owner on LinkedIn on Twitter. Today, Victor is currently responsible for the Real Estate Assets team within Simon Group Holdings. Simon, 52, was speaking from his office on the second floor of the historic former St. Clair Edison building on Pierce Street. Simon Group Holdings, directly and through its subsidiaries, has interests and is an active investment manager in a number of industry sectors. where he represented a wide variety of clients in the auto, manufacturing, service, banking and insurance industries. Prior to joining SGH, Silke was on the Atlas Oil Company team. Sam Simon started Atlas Oil Co. in 1985 with a single truck. Simon founded Atlas Oil in 1985 and built it into a $1 billion company that delivers more than 1 billion gallons of fuel each year to customers in 49 states. I negotiated with the guy who had been very successful in steel fabricating. Thousands still in the dark; meteorologists tracking Monday storm, Utilities progress in power restoration efforts; more than 200,000 still without electricity, More than 700,000 without power as ice storm wallops Michigan, Dittrich Furs sells Bloomfield Hills building, will consolidate into Midtown Detroit store, Otus Supply restaurant and live music venue in Ferndale closes, DTE seeks double-digit rate hike after setback in last case, Bedrock ready to demolish existing Wayne County jail site, Capitol Park building designed by Albert Kahn to add 4 floors, get new facade. Atlas Oil's retail dealer business, which represents less than 24 percent of its total fuel volume, will merge with Empire. Dont interview them in the facility where theyll be nervous and cant talk to you. Jobs. Seven years later they married. Through her personal generosity and the work of the Foundation, she hopes to pay forward the same opportunities that have afforded her the American Dream. EXECUTIVE DIRECTOR for CHAIRMAN / CEO - SAM SIMON, If you want to make a difference in the lives of the people you lead, you must be willing to w, alk alongside them, to lift and encourage them, to sha, re moments of understanding with them, and to spend time with them, not just shout down at them from on high., Gerry began his career in EHS consulting before moving into the automotive/transportation industry, where he spent the next 35 years working in multiple roles that not only covered all aspects of EHS, but also included numerous multi-disciplinary assignments in Human Resources, Engineering, Risk Management and Operations. These opportunities provided Gerry the chance to thoroughly understand their role and scope of work in a business structure, allowing him to more effectively lead and influence cultural change. In July, it bought 76 modular classroom units out of bankruptcy in Florida and immediately leased them to the schools. His in-depth international experience leading integration teams for new business acquisition, M&A activity and regulatory compliance has created strong leadership skills centered on customer service and generating common focus through coaching, team building and objective setting. She immigrated to the United States at 13 years old. SAM SIMON,34 President, Atlas . Through his education at first will remain as a Strategic Advisor for Simon Group investment! And never give up inside 335 E. Maple in downtown Birmingham all corporate financials capacity. With them in the auto, manufacturing, Service, banking and insurance.. 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