Moore Oil: Exit Options for a Multi-Family, Multi-Generational Small Business

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Karen L. Pellegrin & Frank Wetter

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  • Author Bio

    Karen L. Pellegrin is Director of Continuing Education and Strategic Planning, Founding Director of the Center for Rural Health Science, and senior faculty at the Daniel K. Inouye College of Pharmacy at the University of Hawaii at Hilo. Prior to joining the college in 2008, she served for more than seven years as an executive for Compass Point Research, a corporation with three subsidiaries providing clinical trials management, ethics review services, and supporting technology throughout the United States. There, she served as Vice President for Quality Management and Strategic Planning, Chief Compliance Officer, and then President. She began her career at the Medical University of South Carolina (MUSC), where she completed her predoctoral internship and a postdoctoral fellowship in health psychology and quality management and served as a member of the MUSC Medical Center management team and junior faculty member. She received her PhD in clinical psychology from the University of South Florida and her MBA from the Citadel, the Military College of South Carolina.

    Frank Wetter joined his brothers at Moore Oil Company in 2006 and has been President since 2015. In addition, Frank is a founding co-owner of Moore Trailers LLC which sells and repairs trailers and is a partner in small ventures involving welding and real estate holdings. He started his career in business administration at McDonnell Douglas, where he served as a business analyst from 1985 to 1996. He left McDonnell Douglas shortly before its acquisition by Boeing to work for a couple of technology start-ups. He graduated from Duchesne High School, where he was a classmate and friend with one of Earl Moore’s children. He received his undergraduate degree from the University of Missouri St. Louis and his MBA from Lindenwood University.

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