Mark Peterson to Join Hourglass Management Co.
DENVER - Mark Petersen's responsibilities will focus on generating new business and extending the relationships for all of HMC's family of companies.

Hourglass Management Corp. has appointed Mark Peterson to the position of senior sales executive.

Hourglass Management Corp. has appointed Mark Peterson to the position of senior sales executive.
DENVER - Hourglass Management Corporation (HMC), an industry leader focused on strategic consultation and best practices within the Automotive Remarketing, Financing and Fleet Management markets, is pleased to announce the appointment of Mark Petersen to Senior Sales Executive.
With his extensive background in the fleet and remarketing areas, Mark Petersen's responsibilities will focus on generating new business and extending the relationships for all of HMC's family of companies, which include Flexco Fleet Services (FFS), Innovative Funding Services (IFS), and eFleet Direct.
Chad Shoemaker, President of Hourglass Management Corporation said, "Through his various roles in the fleet industry, Mark has developed a wealth of knowledge and a strong network which includes his peers, past clients, and other industry professionals. More importantly, the experience he brings was built on a foundation of integrity with a strong focus on customer service. We are looking forward to utilizing his skill set based on those principles and values to grow the business of all the companies under the Hourglass umbrella."
Petersen brings 27 years of operations, sales and marketing experience to the team at HMC. Prior to joining HMC, Petersen spent five years with Fleets USA, serving as partner and Vice President of Business Development. His extensive remarketing knowledge comes from both his sales and fleet management background where he spent 12 years as a Corporate Fleet Administrator and Fleet Manager. Working as a Fleet Manager allows Mark to look at various services from that perspective and ensures our remarketing programs truly meet the needs of our clients.
As a member of the NAFA – Fleet Management Association (NAFA) for 27 years, Petersen currently serves at the national level as Vice Chair Affiliate for the Fleet Ed Advisory Board and Affiliate Chair for the Rocky Mountain Chapter. In addition to his positions at NAFA, he is also on the Communications Committee of The Automotive Fleet & Leasing Association (AFLA). He plans to continue his involvement with these organizations.
More Operations

Managing Fleet Costs in an Era of Permanent Volatility
Fleet operating costs have risen more than 20% since 2020, raising a key question: When does extending a vehicle's service life stop making financial sense?
Read More →
The Next Evolution of Fleet Management: Autonomous Operations
This opening keynote session at the Fleet Forward Conference highlights the future of autonomous driving for fleets.
Read More →
How to Reduce the Total Cost of Risk From Catalytic Converter Theft
A stolen catalytic converter can cost fleets far more in downtime and lost productivity than in repairs. A total-cost-of-risk approach can help fleet managers quantify their exposure and prioritize theft prevention.
Read More →
Personal-Use Charges Rise as Vehicle Values Fall | AF News Recap
Personal-use charges are climbing, wholesale used-vehicle values are declining, and commercial fleet sales growth is slowing. This week, we're breaking down the latest fleet data, plus how Element Fleet Management is helping Waymo prepare for its first Canadian robotaxi market.
Read More →
Here's When You Should Make an Exception to Fleet Policy
Fleet policies are designed to create consistency, but not every driver or situation fits neatly within standard rules.
Read More →
AI-Native or AI-Acquired: What Should Fleet Managers Look for in an AI Platform?
Six questions can help fleet managers look beyond AI marketing claims to evaluate integration, data access, and real-world operational performance.
Read More →
A buyer's guide to fleet management software in 2027
Buying fleet management software in 2027 means looking beyond features and price. As fleet operations, technology and expectations evolve, this guide explores what today’s fleet professionals should consider when choosing a system that can deliver value now and adapt to what comes next.
Read More →
What Will Shape the Next Era of Fleet Management?
EVs, AI, and autonomous vehicles are reshaping fleet management. Discover what’s ahead—and how fleet leaders can prepare for the next era.
Read More →
How Fleets Can Recruit and Train Veterans for Technician Roles
Here's how the technician shortage has affected uptime for fleets, and what to do about it.
Read More →
Avis Budget Group Deploys Neology Toll Management Technology Across Major Brands
Neology’s neoFleet platform will manage toll transactions and toll-authority operations for vehicles across Avis, Budget, Payless, Budget Truck and Zipcar.
Read More →
