Joseph Armentano is the Chief Executive Officer of Paraco Gas Corporation, one of the most highly recognizable company brands in the propane industry. With more than 425 employees, 28 locations, and $150 million in annual revenue, Paraco is the largest independent propane marketer in the Northeast. Over the last four decades, Joe has overseen Paraco’s tremendous growth of acquiring 53 companies primarily comprised of independent propane companies, many of them family businesses. Today, Paraco services over 110,000 customers to both residential and commercial customers. In addition, through its barbecue exchange program, Paraco’s cylinders are found in the homes of over 1,000,000 consumers. The company has recently completed its 53rd year in business.
Joe was born in Mount Vernon, New York, in 1954 as the oldest son of a family of four boys. His family moved to Yonkers, New York, at the age of 11, where Joe attended Roosevelt High School in Yonkers. Joe attended Fordham University in Bronx, New York, and graduated in 1976 with a Bachelor of Arts degree in history. He went on to earn his Masters of Business Administration from Iona College in 1988.
Joe’s Father, Pat Armentano, was a visionary and entrepreneur. He started a company called Patsems, Inc. in 1968 as a welding supply and industrial gas business from a small garage in Mount Vernon, New York. Paraco entered the propane industry in 1979 with the purchase of a small family business in Peekskill, New York. Joe worked in the family business as a teenager and young man and entered the family business full time upon graduation from college. In 1988, Pat named Joe CEO of Paraco. As father and son, they had a special chemistry and partnership for 44 years until Pat’s death in February 2010.
Joe has created a culture at Paraco that is committed to giving back to the communities it serves. Joe is presently on the board of the Boys and Girls Club of Mount Vernon. Over the years, he has served on many not-for-profit boards, including the American Red Cross, National Federation of Teaching Entrepreneurship (NFTE), Greyston Foundation, and the Italian Business Forum. He had been recognized many times for his charitable work, recently receiving the Legacy Award from Iona College and the Leadership Award for the Boys and Girls Club.
As an industry leader, Joe was President of the New York State Propane Gas Association (NYPGA), served on the board of the National Propane Gas Association, and past Chairman of the Propane Education and Research Council. As a business leader, he co-founded a business group called the Executive Association, which he was a member of for 25 years. He is a former member of a national business organization called Vistage, a peer advisory group with chapters throughout the United States. He is currently about to release his first book, “A Helluva Ride,” which details the Paraco Gas story.
Joe has two children, his daughter Christina and son Christopher. Christina is part of the executive team of Paraco, representing the third generation of their family business. Christopher is a sales representative for Penske Leasing and lives in Poughkeepsie, New York, and will join the family business in the near future. Joe lives in Rye Brook, New York, with his fiance Paula Saraiva and son, Christian, and has two grandchildren Noelle and Sam. His hobbies include tennis and wine.
Christina is 3rd generation with Paraco Gas, one of the largest privately-held marketers of propane in the United States providing propane services to over 120,000 customers in New York, New Jersey, Pennsylvania, Connecticut, Massachusetts, Rhode Island, New Hampshire and Vermont.
Jeff Ruffner joined Paraco on July 1, 2019 as Executive Vice President of Operations, with overall responsibility for the company’s Operations division. A member of Paraco’s Executive Team, Jeff brings decades of propane and leadership experience to the organization.
A member of Paraco’s Executive Team, Kevin currently serves as Chief Financial Officer, overseeing all aspects of the company’s finance functions including accounting, financial planning and analysis, tax, information technology, human resources, supply chain management, Business Intelligence and other corporate administration functions.
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