Mr. David Wiessman is Executive Chairman of the Board of Directors of ALON USA. The company was formed in August 2000 after ALON Israel Oil Co., LTD (ALON Israel) purchased the downstream assets of Atofina Petrochemicals, Inc. (FINA).
Mr. Wiessman has over 25 years of oil industry and marketing experience. In 1976, after serving in the Israeli Air Force, he became CEO and majority shareholder in Bielsol Group, a privately owned company that owns and operates gasoline stations and real estate in Israel.
In 1993 Mr. Wiessman acquired ALON Israel. In 1994 he became CEO and President of ALON Israel Group, moving it from a 0% market share to more than a 20% market share today, making ALON Israel one of Israel's leading enterprises.
ALON Israel has pioneered retail outlets in Israel's gas stations, opening up commercial centers, supermarkets, and roadside restaurants. ALON Israel's "Super Alonit" convenience stores were the first stores to be operated in Israel, while the company also operates fast foot outlets and SegaFredo cafes. ALON Israel holds the Pizza Hut and Kentucky Fried Chicken franchises in Israel.
Mr. Wiessman, through ALON Israel, also purchased in 1999 - 80.3% of Dor Energy shares, which more than doubled the number of ALON Israel service stations and has given the company a 20% share of Israel's fuel market. ALON Israel now holds 100% of Dor Energy. Through Dor's fully-owned subsidiary, Dorgas, ALON Israel has become a major player in the LPG market. Dorgas has the exclusive rights to import LPG to Israel via Haifa Port and the exclusive rights to supply fuel and LPG to the Palestinian Authority.
ALON Israel is also part of the DerechEretz consortium, which holds the tender to build the Cross-Israel Highway, Israel's first-ever toll road. ALON Israel holds 100% of the rights to construct and operate road services adjacent to the highway, which, when completed, will stretch from the north to the south of the country. The project will cost $1.2 billion, and ALON Israel will also hold 20% of the company that will operate the highway.
In August 2000, Mr. Wiessman negotiated ALON Israel's purchase of the downstream assets of FINA, Inc., including the Big Spring refinery, terminals, pipeline systems, and marketing operations located in Texas, New Mexico, Arizona, Louisiana, Arkansas, and Kansas. As Executive Chairman of the Board of ALON USA, Mr. Wiessman is committed to continuing the growth of the FINA brand name in the United States and will preserve FINA's culture and growth through significant investments in marketing. In 2001, ALON USA purchased Southwest Convenience Stores, LLC, the largest 7-Eleven licensee in the United States.
In June 2003, Mr. Wiessman through the Bronfman - ALON Israel group purchased 78.13% of Blue Square Israel Ltd. making ALON Israel the leading food retailer in Israel with more than 170 supermarkets in Israel. Blue Square is a public company both in the U.S. and Israel stock exchange market (BSI).
Blue Square, Super Alonit, Pizza Hut and Kentucky Fried Chicken have brought ALON Israel to be the leading food retailer in Israel.
Mr. Wiessman is considered the leader of the Fuel Industry Reform in Israel, and he is formally involved in the design process of the Israeli Fuel Industry. He serves on many Boards of Directors, is an active member of governmental committees relating to energy issues, and is a frequent guest speaker to large groups regarding the energy industry and issues.
In recognition of his many accomplishments within the business community, Mr. Wiessman was named Israel's Man of the Year for 2005. This distinguished honor, which has been awarded for the past 11 years, was presented during the annual Israel Business Conference. The conference was attended by such dignitaries as the Prime Minister, the Minister of Finance, other ministers, and top Israeli business people, including industry leaders, industrialists, economists, senior officials, politicians, and representatives of various social organizations.
In recognition of his leadership in the growth of ALON USA, Mr. Wiessman was awarded the prestigious 2007 Ernst & Young Entrepreneour of the Year Award for the Southwest Region and was a finalis for the international award.
Mr. Wiessman created and is the largest contributor to the "Warm House Project", a community service project in Israel that provides transportation to and from school for economically disadvantaged children, as well as lunches and after school tutoring. Mr. Wiessman founded the Israeli Philharmonic Orchestra Scholarship Fund that provides underprivileged students with an opportunity for musical college education. ALON USA is also involved in the "Community in Schools" project: ALON USA recently established a $1 million endowment to benefit the exemplary stay-in-school program for students in Dallas and the North Texas area.