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Core-Mark was started in San Francisco in 1888 by the Glaser brothers. [2] After multi-generational ownership, the Glaser family sold the company to David Gillespie in 1974, who took the company public by listing on the Toronto Stock Exchange with Gerald Pickman COO and Jerry Goldman CFO in 1984. By late 1987, private equity firms were an ...
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in 1994, Marvin Jay Caukin, the ex-Director of Finance, was sentenced 33 months in prison for embezzling nearly $2.4 million from the company. 2000s in 2003, USA Petroleum agreed to pay $325,000 to settle a dispute regarding leaking tanks causing groundwater and soil pollution at 10 USA Gasoline stations in Ventura County .