Corporate News

Corporate news affecting the convenience store industry

Williamson part of Unocal's old guard

SAN RAMON, Calif. -- Chevron Corp. announced today that Charles R. Williamson, executive vice president and former chairman of the board and CEO of Unocal Corp. has elected to retire effective Dec. 1, 2005. "Chuck has been a valuable, principled and respected leader in our industry. He has played...

Why its shares are trading at a premium

PHILADELPHIA -- Selling gasoline is generally a lousy business, especially at a time when it's hard to pass on the cost of higher prices to Joe and Jane Motorist. In recent, years many big players have been reducing their exposure to the gasoline business. Not Sunoco Inc., according to a story in...

New VP of retail solutions

ARLINGTON, Texas -- The Pinnacle Corp. has hired Drew Mize as its new vice president of retail solutions. Mize will focus on ensuring that Pinnacle's retail automation products remain the most competitive on the market today by overseeing product planning and development. "I am excited to join a...

New editor brings six years experience; to lead CSP Independent
Dallas lawyer James W. Demik, 67, owner of Commercial Escrow & Title Co., drew 5 years in prison on 10 counts of bank fraud, conspiracy and money laundering.
PepsiCo plans to cut costs in some operations and take a restructuring charge of up to $85 million.
UST Inc. announced that Vincent A. Gierer Jr. plans to retire as chief executive officer at the end of 2006; that Murray S. Kessler has been named president.
Reports strong third quarter
Konya comes to buying-services company from Core-Mark
Seven-Eleven Japan completes cash tender offer for 7-Eleven Inc.