Graduates from Mercuria Energy’s apprenticeship program joined President Donald Trump Friday at the White House to emphasize the importance of workforce development in the United States.
President Trump discussed plans to combat the skills gap in U.S. labor force, as Mercuria’s apprenticeship program specifically builds competencies for prospective professionals in the highly competitive energy and commodities trading sectors.
“We are committed to expanding necessary skillsets to sectors of the American economy that need it most. We have created an apprenticeship program to help us develop a team with the abilities we need to succeed. With today’s announcement, we are committed to expanding our program in the United States”, said Daniel Jaeggi, President of Mercuria.
Apprenticeship alumni, Chris Inlow and Chris Pritchard, are university graduates and military veterans. At Mercuriathey took part in an intensive one-year on-the job development training in the operations department in Houston as part of the apprenticeship program.
Inlow has accepted the position of operations assistant. He has graduated from University of Missouri-Kansas City with a degree in political science and has a graduate degree from St. Leo University with a master of business administration (MBA). Inlowalso served active duty in the U.S. Navy from April 2011 to April 2015.
Pritchard has accepted the position of trade support officer. He has graduated from the University of Houston with a bachelor of business administration in finance with a focus in global energy management. He currently serves in the Texas Air National Guard.
Following the purchase of commodities businesses of J.P. Morgan Chase and Co, Mercuria found a lack of training programs in the United States to bring many, including college graduates and veterans, into the high-wage profession of commodities trading.
The commodity trading company, worked extensively with authorities in the United States and Switzerland to create an apprenticeship program in the America, which was modeled on its historic Swiss concept. Over 30 Swiss companies are now involved in bringing and expanding their model of apprenticeship to their U.S. facilities.