Approved Oil Hires Michael Cafiero as Senior VP of Business Development

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Approved Oil, a leading energy provider in New York City, has announced the appointment of Michael Cafiero as their new Senior Vice President of Business Development. Cafiero, with over 40 years of experience in the B2B energy sales industry, will be responsible for expanding strategic partnerships and advancing the company's supply and marketing initiatives throughout New York, New Jersey, and the Mid-Atlantic markets.

Why it matters

Approved Oil's decision to bring on an experienced energy sales executive like Michael Cafiero signals the company's commitment to growth and innovation in the highly competitive New York City energy market. Cafiero's expertise in account acquisition, relationship management, and long-term client development is expected to help Approved Oil strengthen its brand awareness, enhance customer fulfillment processes, and support the company's continued expansion.

The details

In his new role, Cafiero will collaborate closely with Approved Oil's leadership team to help the company achieve its goals. He will focus on strengthening brand awareness, enhancing customer fulfillment processes, and supporting the company's continued growth initiatives, all while upholding Approved Oil's core mission and values. Cafiero's extensive experience in the energy industry, including distinguished terms at Petroleum Heat & Power, Hop Energy, and Diesel Direct, makes him well-equipped to lead projects and teams that deliver results in the complex New York City energy marketplace.

• Approved Oil announced Cafiero's appointment on March 9, 2026.