Pennzoil-Quaker State Company Names Marc C. Graham President of Jiffy Lube International
14 July 1999
Pennzoil-Quaker State Company Names Marc C. Graham President of Jiffy Lube InternationalHOUSTON, July 14 -- Pennzoil-Quaker State Company announced today that Marc C. Graham has been named president of Jiffy Lube International. Graham will direct the ongoing development of the nation's largest fast lube operation. His primary focus will be on re-energizing the Jiffy Lube growth model, including increasing car counts, utilizing the fast lube service center retail platform to expand Pennzoil-Quaker State Company car care product sales and identifying and capitalizing on future trends in the growing do-it-for-me automotive service market. Graham has 29 years of automotive and business development experience, most recently as president and general manager of Paccar Automotive, where he was the architect of a significant corporate turnaround. Joining Paccar Automotive in late 1992, Graham reversed four years of financial losses by developing a strategic plan that included new merchandising and marketing, enhanced site selection criteria, financial models and store level profit and loss criteria. Under Graham's direction, Paccar Automotive was restored to profitability by the second quarter of 1993 and proceeded to have six consecutive record profit years with double-digit increases every year. During Graham's tenure, the company's market share increased, customer service improved and store count grew by approximately 40 percent. Graham was named Automotive Marketing Retailer of the Year in 1997 for his contribution to the growth and productivity of the retail automotive aftermarket. "Marc knows the automotive aftermarket business inside and out and his leadership will be key to the continued growth and revitalization of Pennzoil- Quaker State Company's fast lube operations," said Pennzoil-Quaker State president and chief operating officer James J. Postl. Fast lubes were pioneered in 1979 by Jiffy Lube, now a wholly owned subsidiary of Pennzoil-Quaker State Company. Since its acquisition by Pennzoil in 1990, Jiffy Lube has expanded significantly, becoming the world's largest fast lube operator and franchiser. With the merger of Pennzoil and Quaker State in December 1998, some 600 Q-Lubes were added to the more than 1,500 Jiffy Lube service centers across the country. Conversion of the majority of these Q-Lube service centers to the Jiffy Lube banner is underway. Pennzoil-Quaker State Company is a leading worldwide automotive consumer products company that markets Pennzoil(R) and Quaker State(R) brand motor oils, the number one and number two selling motor oils in the United States. Pennzoil-Quaker State Company also markets a complete line of automotive car care products including Axius(TM) auto accessories, Blue Coral(R) and Classic(R) waxes and washes, Black Magic(R) and Westley's(R) tire and wheel care products, Fix-A-Flat(R) tire sealants, MEDO(R) air fresheners, Rain-X(R) glass treatments, Gumout(R), Snap(R) and The Outlaw(R) maintenance chemicals and Slick 50(R) engine treatments.