Ray Murray Inc. welcomes Jeff Hopsicker as VP and minority owner

Jeff Hopsicker is joining Ray Murray Inc. (RMI) as vice president and minority owner.

Hopsicker

Hopsicker joins RMI after a decade of investment banking experience and has served as a member of the company’s board of directors since November 2019.

Prior to this appointment, Hopsicker was a director at SMBC Nikko Americas, where he was a founding member of SMBC’s leveraged finance sales and trading franchise in Charlotte, North Carolina. He started his career at Citigroup Inc. in New York, where he spent seven years in leveraged credit sales and capital markets syndicate. As a vice president at Citi, he focused on high-yield credit and debt finance, where he worked with institutional investors and helped large corporations raise capital to finance operations.

A native of Cazenovia, New York, Hopsicker received his undergraduate degree in public policy from Hamilton College, where he played college football. He completed his Master of Business Administration with a specialization in finance from the Kenan Flagler Business School at the University of North Carolina at Chapel Hill.

“I am elated to have Jeff join the business and look forward to helping mentor him and the next generation of young leaders,” says Mike Hopsicker, president and CEO of RMI. “Jeff and I share a positive outlook on RMI and its role in the future of the energy industry. His familiarity with the company’s operations and finances positions him as a valuable asset moving forward. It is very satisfying to know that RMI will continue to remain a family business well into the future.”

Ray Murray Inc. is a distributor of propane equipment, hearth, heating and outdoor living products headquartered in Lee, Massachusetts. It currently operates four warehouse locations in Lee, Massachusetts; Bensalem, Pennsylvania; Flint, Michigan; and Goldsboro, North Carolina.

Read more about Ray Murray Inc.:

• Ray Murray Inc. celebrates 50 years of business
• PAPGA elects new president