Craig Hoyer, president of Kubat Equipment and Service Co., Denver, Colo., has been elected by the members of the Petroleum Equipment Institute (PEI) to serve as vice president of the organization. Robert Peavey, president of PumpTex Inc., Beaumont, Texas, has been appointed as PEI’s treasurer by the association’s Board of Directors.

Hoyer most recently served as PEI’s treasurer and was elected during the Institute’s 65th annual convention and trade show in Las Vegas. Hoyer will take office Jan. 1, 2016. Peavey assumes office immediately.

Hoyer is the president of Denver-based Kubat Equipment and Service Co. Founded in 1949, Kubat Equipment and Service Co. is a sales, service and installation company for the petroleum, automotive and industrial markets in Colorado and Wyoming. Hoyer is a former member of the PEI Young Executives and has served on the PEI Board of Directors, the PEI Convention and Education Committee, and is a current member of the Pioneer 10-Group.

Peavey is the president of PumpTex Inc. PumpTex Inc. is a retail petroleum equipment service company, servicing the Austin, Beaumont, Houston and San Antonio areas. The company was founded by Peavey in 1997. Peavey is a member of the Commonwealth 10-Group and is a past chair of the PEI Convention and Education Committee. He has also served on the PEI Safety Committee. 

“Steve and Robert are outstanding leaders and dedicated supporters of the Petroleum Equipment Institute, and will make exceptional officers,” said Robert Renkes, PEI’s Executive Vice President. “We look forward to a productive year and believe both men will play key roles in keeping our association strong and healthy.

Founded in 1951, PEI is comprised 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 is the leading authority and source of information for the fuel and fluid handling equipment and services industry. The association is committed to promoting the value of distributor services, and improving the business relationships and practices of its members. PEI is headquartered in Tulsa, Okla. For additional information, please contact Chris Bouldin at cbouldin@pei.org or visit www.pei.org.