CHICAGO, Oct. 19, 2017/Petroleum Equipment Institute/ -- Petroleum Equipment Institute (PEI) members elected Robert J. Peavey president of the organization during its 67th annual convention and trade show in Chicago. Peavey most recently served as PEI vice president. His one-year term will begin Jan. 1, when he will replace current PEI President Craig Hoyer, president of Kubat Equipment and Service Co. in Denver.

Peavey is president of PumpTex Inc. in Beaumont, Texas. He is a member of the PEI Strategic Long Range Planning Committee and the Commonwealth 10-Group. He also has served as PEI treasurer, District 8 director and chairman of the PEI Education & Convention Committee.

“Robert is a respected leader in this industry, and the PEI community and I look forward to working with him in 2018,” said Rick Long, executive vice president and general counsel of PEI. “Please join me in congratulating Robert on his role leading the PEI family.”             

Founded in 1951, PEI is composed of more than 1,600 companies engaged in manufacturing and distributing equipment used in the fuel and fluid handling industry. Members are located in 50 states and 81 countries. PEI, headquartered in Tulsa, Oklahoma, is the leading authority and source of information for the fuel and fluid handling equipment and services industry. For more information, visit www.pei.org.