Company News

7-Eleven's Chief People Officer Resigns

Thomas to replace Rostron

DALLAS -- 7-Eleven Inc. has announced that Paul Rostron, executive vice president and chief people officer, is resigning from the company. He had been promoted to that position in mid-December 2005.

"Paul brought considerable leadership and HR experience to 7-Eleven and he and his team have made significant progress on many of our people and culture initiatives during his tenure," said President and CEO Joe DePinto.

Replacing Rostron will be Don Thomas, currently vice president of Central Division operations. "Don brings a wealth [image-nocss] of experience to the position, including a strong knowledge of 7-Eleven store operations, a broad financial management background, as well as a keen understanding of the cultural initiatives that the company is driving," DePinto said.

Thomas began his career with 7-Eleven in 1993 as assistant controller and was promoted in 1997 to vice president, chief accounting officer and controller. In 2002, he assumed the position of vice president of operations support and in 2003 became responsible for the company's Central Division Store operations.

"The leadership transition will take place over the next several weeks to ensure a smooth handoff," said DePinto. "We have begun a real cultural transformation of our business, and I am looking forward to Don's leadership and support on all of our key business and cultural initiatives."

The Dallas-based company was taken private by Seven-Eleven Japan in November, prompting the departures of several top executives including Jim Keyes, president and CEO; Ed Moneypenny, senior vice president and CFO; Gary Rose, executive vice president of operations; and David Podeschi, senior vice president of merchandising.

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