Vincent Theurer

President & CEO at Approved Oil

Mr. Theurer started his education in the oil business at the young age of 10 years old. He began by working with his father who taught him the basics of the business after school and on the weekends. During his time with his father, he mastered boiler/burner mechanics, equipment repair and installment, and the general structure of heating systems. When he received his driver's license, he moved on to delivering oil to customers and developed his knowledge of NYC logistics and routing. Over the years Mr. Theurer convinced his family to keep the business and allow him to take over the daily operations. He continued expanding through his experiences and established himself as an entrepreneur acquiring new companies and expanding his business. At 20 years old he made his first acquisition and the company started its journey of growth acquiring 11 more companies over the years. The company is now one of the largest independently owned residential energy companies in the NYC metropolitan area.

Mr. Theurer's talents are not limited to his daily business operations; he was also the president of the New York Oil Heating Association from July 2011 to July 2013 and is currently serving as the director. He is a director of the ESPA board, sits on the labor negotiating committee, which negotiates on behalf of all the companies which belong to the Local 553 union, and is a trustee to Local 553 union pension and deferred compensation fund. Mr. Theurer takes contributions to the local community very seriously and, in doing so, has been an honorary alumnus to three of NYC's private schools along with Wagner College. He serves as a board member of Bay Ridge Preparatory School, Co-Chairman of The Child School on Roosevelt Island and serves on the Board for ECHO (Emergency Children's Help Organization).

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Timeline

  • President & CEO

    Current role