Convenience store chain 7-Eleven Inc said on Friday that CEO Joe DePinto will retire after 20 years in the role.
The company said in a statement that it has appointed current president Stan Reynolds and Doug Rosencrans, executive vice president and COO as interim co-CEOs.
7-Eleven Inc is the North American convenience store business of Japan-listed Seven & I Holdings.
The group’s board of directors is in the process of identifying a successor to DePinto, the company added.
- Reporting by Devika Nair in Bengaluru; Editing by Saad Sayeed, of Reuters.
- Further reading: Seven & I reveals restructure plan, new CEO.
