7-Eleven's next CEO will face a steep climb [Yahoo! Finance]
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Source: Yahoo! Finance
The writing had been on the wall since earlier this year that Joseph DePinto's two-decade run as CEO of 7-Eleven was nearing its end. In March, the convenience retailer's parent company, Seven & i Holdings, revealed plans to take 7-Eleven public in 2026 — a move that oftentimes results in new leadership. Less than a week later, DePinto resigned from Seven & i's board of directors. Nine months later, it's now official. Late on Dec. 19, Seven & i announced that DePinto, who has led 7-Eleven since 2005, will retire at the end of this year . Stan Reynolds and Doug Rosencrans, president and COO of 7-Eleven, respectively, will serve as co-CEOs until a permanent replacement is hired — a search process that's now part of the most anticipated c-store industry storyline heading into 2026. “We strive to find, through a thorough selection process, the right person who can lead SEI and help us work even more closely together as one Group,” Stephen Dacus, president and CEO of Seven & i, said
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News
- 7-Eleven CEO Joe DePinto Steps Down [Yahoo! Finance]Yahoo! Finance
- 7-Eleven CEO Joe DePinto to retire, interim co-leaders named [Yahoo! Finance]Yahoo! Finance
- Seven & i Holdings (TSE:3382): Does Recent Outperformance Justify Its Slightly Undervalued Narrative? [Yahoo! Finance]Yahoo! Finance
- 7-Eleven CEO to retire [Yahoo! Finance]Yahoo! Finance
- 7-Eleven, Inc. Announces Retirement of CEO Joe DePinto After More Than 20 Years of Service [Yahoo! Finance]Yahoo! Finance