2nd Quarter 2008 June Newsletter    <-Go Back

Michael C. Spoor named President of NewStream LLC

We are pleased to officially welcome Michael (Mike) Spoor as President of NewStream. Mike has been serving as Acting President since August 2007,
and has been a trusted advisor to CEO, Sam Butterfield, since the vision for the Company was first formed in 2003. Since taking on the role of Acting President in 2007, Mike has already made significant contributions to the success of NewStream, including:
Complete restructuring of the Company’s accounting system for improved financial management and performance tracking
Product development, marketing and distribution for NewStream’s entry into the recycled antifreeze and glycol recovery markets
Completion of NewStream’s new biological treatment system and other capital projects
Oversight of new business development initiatives

Mike brings extensive business development and management experience to his position at NewStream. Prior to joining NewStream, he spent nearly 10 years fully engaged in the development, growth and management of Windward Petroleum Inc, a wholesale distribution and marketing company that he helped found in 1998. The company’s mission has been to acquire, consolidate and grow numerous existing petroleum distributorships throughout the eastern United States. Today, Windward Petroleum has annual revenues of $275 million, employs 430 people, and operates 18 distribution centers from Oklahoma to Maine.

Mike has been instrumental in the success of Windward Petroleum. Just a few of his most notable accomplishments are:

Recognizing the need for consolidation in the marketplace, and building an initial business plan to meet this need
Leading significant integrations of acquired companies
Conceiving, developing and launching a comprehensive Operational Balanced Scorecard approach to management.
Conceiving, developing and rolling out the company’s Signature Service initiative involving warehouse, delivery and customer service teams; and aimed at fundamentally improving customer satisfaction and retention.
Creating and managing a detailed monthly operating budget, including the development of the necessary reports and processes.

Previously, Mike spent seven years at Exxon Co., USA, where he was consistently rated as the top performer. He also worked internationally in Melbourne, Australia for Camp Scott Furphy Pty. Ltd., a multinational environmental consulting firm.

In his role at NewStream, Mike is overseeing all aspects of business development and daily operations. Mike says he is most looking forward to joining the rest of the NewStream team in their ongoing quest for excellence in environmental and resource stewardship. He adds, “I see the people, the operations and the capabilities of NewStream as significant assets for the New England region, and I envision long term growth opportunities beyond.”

Sam Butterfield says of Mike’s taking on the leadership position, ”It is such a pleasure to be working with my great friend Mike, something we have both dreamed of doing for many years as we have worked in parallel to develop our own businesses. He is the consummate professional, with great vision, energy and integrity; all the skills to take NewStream to the next level of growth. We are very blessed to have him on our team.”

Mike received a degree in Civil Engineering with highest honors from Northeastern University in Boston, MA. In addition to his business ventures, Mike has sat on two outside boards of directors: one non-profit organization, and one private, for-profit corporation in MA. He also teaches elementary grade Sunday School, enjoys sailing and lives in Duxbury, Massachusetts with his wife, Terry, and children, Carly (17) and Christian (14).


A Case Study: Metal Cladding Company Saves Money by Using NewStream as Back-up Wastewater Treatment Plant
 

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