January 1, 2025
ALL OF OUR ACTIVE MEMBERS ARE, ONE-BY-ONE,
MOVING TO OUR NEW MEMBERSHIP DIRECTORY…
Current Members of The Executives’ Club of Fargo-Moorhead are listed chronologically, by their joining date, beginning August 14, 2015
CLICK “View All” FOR THE FULL LIST.
CLICK EACH MEMBER’S IMAGE FOR CONTACT INFORMATION.
Hometown: Rolette, North Dakota
University of North Dakota
North Dakota State University
Club Member 64 | December 18, 2015
I’m Kent Satrang, your CEO at Petro Serve USA. Petro Serve USA is a diversified cooperative, founded in Moorhead, Minnesota in 1934. We are a locally-owned, diverse energy cooperative owned by its members. Petro Serve USA is the region’s finest energy supplier specializing in 100% American-made fuels. We are Fargo–Moorhead’s largest supplier of home heating, commercial and agricultural fuel, and propane and lubricating oil. Our passion for store growth is rooted in the belief that America needs to lessen its dependence on foreign oil. This explains our name, Petro Serve USA, and our registered tagline “Helping America Fuel Better”. It is our conviction that our neighbors and farm customers/owners, right here in our own backyard, can and must produce renewable fuels like ethanol and soy diesel to stop the importation of Middle East oil. America imports almost $1 billion in oil each and every day, much of it from countries that oppose freedom and our American way of life. At Petro Serve USA, we’ve worked hard to develop new high-tech blender pump infrastructure, and innovate national and local legislation.
When I got into the business in 1980, it was “location, location, location.” Now it’s “location, execution of your business plan, and proper structure.” You can’t be in the fuel business and be a poor operator, or you won’t last long. People in this business are excellent operators. We’re in a pennies business; we’re selling a product that we bought for 3.10 and we’re selling it for 3.12 and then we have to pay the credit card companies their fee. We try to be as efficient as we can be. Everything we do at Petro Serve is to drive net operating costs down.
In 1998 I moved to Fargo and we had probably about three convenience stores and did about ten million in sales. Three years later we got involved more in the ethanols and we doubled in sales to 20 million. Three years later we doubled to 40 million. And three years later we doubled to 80 million. And three years later we doubled to 160 million.
Hometown: Elk Grove Village, IL
St. Viator High School
Northwestern University
Lawrence University
Member 158 | May 5, 2017
Paul has a passion to help entrepreneurs and small business owners. In his current role, he assists founders to start, manage and grow their companies through providing no-cost, confidential business advising services and training in a variety of areas, which include: Business setup/registration, business planning, market research, financial projections and analysis, funding your venture, buying and selling a business and succession and exit planning.
In 2019, he was named ND ‘State Star’ award winner, which recognizes exemplary performance, strong commitment to small business, and significant contribution to the SBDC network. He also is a regular contributing writer to FargoINC! magazine.
He recently earned his Accredited Business Intermediary certification (ABI) in addition to his Economic Development Finance Professional (EDFP) and Certified Value Growth Advisor (CVGA) certifications. He is a SBA export-certified advisor.
Before joining the ND SBDC in 2015, Paul worked in a diverse range of industries, which included: Financial services, retail, manufacturing, technology, transitional management, agribusiness, customer service, engineering, consulting, healthcare, agency and media.
He holds a Bachelor’s Degree from Lawrence University and a Master’s Degree from Northwestern University.
Born and raised in the Chicago area, Paul and his family live in Fargo, ND.
Hometown: Mayville, North Dakota
May-Port CG High
Mayville State University
Member 199 | February 20, 2018
My roots are in small town North Dakota. This state and its people are important to me; I am proud to do business here, combining my skills in finance and management to lead a growing company that provides something essential to North Dakotans – tires, auto repair, parts, tracks and automotive equipment. O.K. Tire Store, Inc., now 15 locations and 210 employees strong, continues its 60-year legacy providing tires for cars, farm equipment, trucks and OTR (for personal, commercial and fleets). Originally a family-owned company, O.K. Tire is now employee-owned (ESOP), a conversion I helped to facilitate for the company owner before his retirement. I attended Mayville State University where I earned a Bachelor of Science Degree in business and management with an emphasis on accounting.
I am known for the traits of integrity, continuous process improvement, and accountability.
INTEGRITY
I believe in integrity: both employees and customers need to be treated fairly. Our sales and service people are fairly compensated and have access to in-house training leading to tire industry specialty certifications. Our customers deserve a great / good product at a fair price. We quote our prices in “out the door pricing” terms. Rather than quoting the price of the tires alone and then surprising them with charges for installation, balancing, etc., we disclose the “full” price of the tires, always. We think this is the fair thing to do: to let the customer know, up front, what their actual cost for the tires will be. No bate and switch; no misleading partial price disclosure.
CONTINUOUS PROCESS IMPROVEMENT
There is always a better way to do something: a way that is more efficient; a way that makes better sense. Our company culture is designed to identify and implement new ideas to help us move forward. We believe that employees hold the key to identifying both potential problem areas and potential solutions. At every meeting, we listen. We solicit ideas. We implement changes and see if it works better; if not, we circle back and try something else.
ACCOUNTABILITY
We believe in doing the right thing – always. And I believe that doing what you say you’re going to do is essential. We actively model this for our employees and our company values stress the importance of being accountable as well. Because O.K. Tire Store, Inc. is an employee owned company, I am accountable for my own actions, the actions of the company and its employees, and the financial performance of the company. When we do well, every employee shares in our success.
Contact: dsand@oktireinc.com
Hometown: Fargo, North Dakota
Fargo North High
North Dakota State University
Member 247 | October 12, 2020
Working to radically change the trajectory of entrepreneurs, their families, their businesses, and their teams.
“Let’s be real, everyone has money problems, no matter who you are. This is true for many reasons and is a massive grey cloud over most people walking around. I’ve worked with hundreds of families and know firsthand that doing money well is hard, but worth it. Furthermore, our world has never needed entrepreneurs more; to innovate and to create jobs and livelihoods for our communities heading into the years ahead. Yet, the stress and toll of entrepreneurship are heavy, just ask an entrepreneur. We work day in and day out to support the families and companies we work for, giving them the confidence and clarity they need to forge on and continue to create value so that at the end of the day they can go home and be with their families.
What is wealth? Wealth is being present and content with wherever you are with whoever is in front of you, not your net worth. My aim is for every person to be happy with money. Because, at the end of the day, we all just want to be happy.” – Tom
As a third-generation financial advisor, Tom Stadum carries on the tradition of his grandfather and father by delivering comprehensive financial plans, prudent investment strategies, and timely service.
Prior to founding Fjell Capital in 2020, Tom worked as a wealth advisor at UBS for more than seven years. He holds the Certified Private Wealth Advisor designation, Certified Exit Planning Advisor designation, Chartered Retirement Planning Counselor designation, and FINRA Series 7 and Series 66 licenses.
Tom graduated from NDSU College of Business with a degree in Finance. Outside of work, he enjoys golfing, racing sailboats, traveling, and spending time with his wife, Camila, and their children, Lucy and Boden.
Tom’s 2023 Leadership Unfiltered talk…
Hometown: Roseau, Minnesota
North High
University of Minnesota – Twin Cities
Member 268 | September 30, 2021
Aaron holds a B.S. in Agriculture and Food Business Management and spent over a decade in the industry, 7 yrs as an Agronomist with CHS, Kindred and 4 yrs as Asst VP of Farm Management with US Bank, before joining the family business of his wife, Julie Skaff, in 2012.
Skaff Apartments was founded in 1957 by Sam F. Skaff. From the very beginning, Skaff has taken pride in its family approach to its residents.
“We offer a wide variety of rental homes including apartments, townhomes, twin homes, and houses. We are dedicated to providing Value, Variety and Extraordinary Service to our residents. Discover for yourself the sophistication of both our vintage & modern Fargo-Moorhead communities. All of which are closely located to the interstate, shopping, entertainment & restaurants, and the convenience & excitement this city has to offer. Skaff Apartments is sure to astound you with a personal experience only found through this family owned company. From basic, to retro-chic, to luxurious, Skaff Apartments has a home waiting for you. Call our office today to schedule an appointment. We will take care of you!”
Hometown: Burlington, North Dakota
Des Lacs Burlington Senior High
Minnesota State University Moorhead
Trinity International University
Member 301 | October 5, 2023
Too many small business leaders become successful but end up feeling trapped by their own success. As a certified Mental Fitness Coach and certified Business Made Simple Coach I help leaders install the Business and Mental Fitness Operating Systems they need to 2x their revenue and cut their stress in half. With over 25 years of leadership experience I’ve seen how easy it is to get in your own way. How painful burnout is. The enormous difference a system that works makes for success and scale. That’s why I love coaching others to install the two operating systems they need so they can flourish like never before. I believe that if I can help a small business leader I not only help them, I help their team. I help their organization. I help their community. I help them create a legacy for their family. So together we can make our world a better place to live for everyone!