ARKO CFO Robb Giammatteo will step down to pursue a new opportunity outside the convenience store sector. He will continue to serve as CFO until October 10, 2025, to oversee responsibilities and ensure a smooth transition.
ARKO Corp. (Nasdaq: ARKO), a leading convenience store operator and wholesaler of fuel in the United States, has announced that Chief Financial Officer (CFO) Robb Giammatteo will be stepping down to pursue a new opportunity outside the convenience store sector. Giammatteo will continue to serve in his role until October 10, 2025, to ensure a smooth transition of his responsibilities [1].
Arie Kotler, Chairman, President, and Chief Executive Officer of ARKO, praised Giammatteo's contributions to the company's transformation plan and the strengthening of its finance department. "Robb has played an important role in advancing our transformation plan and strengthening ARKO’s finance department," Kotler said. "His operational discipline and collaborative leadership have helped position ARKO for long-term success. On behalf of the Board and our entire team, I extend our sincere thanks to Robb for his many contributions and wish him continued success in this next chapter."
Giammatteo reflected on his tenure, expressing pride in his achievements and the team he worked with. "It has been an honor to work alongside such a talented and committed team at ARKO. Leading the finance team through this period of transformation has been a privilege and deeply fulfilling. I am proud of what we have achieved together and I am excited to watch ARKO continue to advance its transformation plan as a shareholder."
ARKO Corp. operates in four key segments: retail, wholesale, fleet fueling, and GPM Petroleum. The company's Family of Community Brands offers a wide range of products, including prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. ARKO's operations are based in Richmond, Virginia, and the company has a strong presence across the United States.
For further information about ARKO Corp., please visit www.arkocorp.com.
References:
[1] https://www.morningstar.com/news/globe-newswire/9514091/arko-corp-announces-departure-of-chief-financial-officer-robb-giammatteo
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