7-Eleven CEO to retire [Yahoo! Finance]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
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Source: Yahoo! Finance
Editor's note: This story is developing and will be updated. Joseph DePinto, CEO of 7-Eleven, will retire at the end of this year , according to a Friday press release from parent company Seven & i Holdings. Stan Reynolds and Douglas Rosencrans, president and COO of 7-Eleven, respectively, will serve as co-CEOs until a permanent replacement is hired, according to the announcement. The move comes at a time of significant change for 7-Eleven, as the North American division continues its plan to open more food-focused c-stores and execute an IPO next year.
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