Milton Safenowitz, co-founder and executive vice president...
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Milton Safenowitz, co-founder and executive vice president of Getty Petroleum Corp., has retired from the independent marketer of gasoline and petroleum products. Safenowitz, 62, a 35-year-veteran of the oil business, will continue to serve on the board and provide consulting services to the company, which serves 13 Eastern states. Getty Petroleum, based in Jericho, N.Y., was formerly the Power Test Corp. In 1985, Power Test adopted the Getty name after it bought most of the Northeast gasoline stations of the former Getty Oil Co., which was acquired by Texaco Inc.
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