In 1995, Global Oil Corporation's Marketing and Refining (M & R) Division was the fifth largest US refiner with 7, 700 Global-branded service stations selling about 23 million gallons per day, or 7 percent of the nation's gasoline. All the service stations are company owned. In 1990, M&R ranked last among its peers in profitability and was annually draining $500 million of cash from the corporation In 1993. M&R reorganized from a centralized functional organization