Mike Sommers - Credit: American Investment Council

Mike Sommers will be the new president and CEO of the American Petroleum Institute, following an election this afternoon by API's board. Sommers brings two decades of political experience to API, including his current role as president and CEO of the American Investment Council.

Sommers will succeed Jack Gerard, who said earlier this year that he will step down this summer after a decade at API.

Prior to joining the American Investment Council as president and CEO in 2016, Sommers serv...

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