Company News

Arko appoints Galagher Jeff as CFO

Former Murphy USA executive sees ‘tremendous opportunity’ for parent company of convenience-store retailer GPM Investments
Arko names former Murphy USA CFO Galagher Jeff as its new executive vice president and CFO.
Arko names former Murphy USA CFO Galagher Jeff as its new executive vice president and CFO. | GPM

Arko Corp., the parent company of convenience-store retailer GPM Investments, has named former Murphy USA CFO Galagher Jeff as its new executive vice president and CFO, effective immediately, the company announced Monday. Jeff succeeds Robb Giammatteo, who departed the convenience-store chain in October to pursue a new opportunity outside the channel.

Prior to his tenure at Murphy USA, Jeff (pictured below) spent nearly 15 years in senior and executive finance roles with retailers including Dollar Tree, Advance Auto Parts and Walmart. Before that, he spent a decade-long career in finance and strategy consulting at organizations including KPMG and Ernst & Young.

Galagher Jeff

“Mr. Jeff’s tenured career in strategy and finance in multiple leadership roles, and his convenience store and retail experience, will augment an already strong Arko team,” said Arie Kotler, chairman, president and CEO. 

Kotler said that Jeff’s expertise will be instrumental in advancing the growth of the company. 

“I am honored to join the Arko team,” said Jeff. “I see tremendous opportunity for the company as it continues to execute on its multi-year transformation plan, supported by its ongoing channel optimization work and execution of organic growth initiatives.”

In the announcement, Kotler also thanked Jordan Mann, who served as interim CFO following Giammatteo’s departure from the company, for “successfully providing a seamless transition for the company during our CFO search and supporting Galagher as he joins the Arko family.”

Mann serves as the Richmond, Virginia-based company’s senior vice president of corporate strategy, capital markets and investor relations.

Arko operates in four segments: retail, which includes convenience stores under a family of community brands selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; fleet fueling, which includes the operation of proprietary and third-party cardlock locations and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites; and GPM Petroleum, which sells and supplies fuel to the company’s retail and wholesale sites.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Mergers & Acquisitions

RaceTrac enters uncharted territory with its Potbelly acquisition

The Bottom Line: There has never been a purchase of a restaurant chain the size of the sandwich brand Potbelly by a convenience-store chain. History suggests it could be a difficult road.

Foodservice

Wondering about Wonder

Marc Lore's food startup is combining c-stores, restaurants, meal kits and delivery into a single "mealtime platform." Can it be greater than the sum of its parts?

Technology/Services

Most 7-Eleven rewards members use self-checkout but few use it every time

Faster transactions, shorter lines and ease of use drive interest, age-restricted items and technical issues still pose barriers

Trending

More from our partners