CINCINNATI -- Jeff Parker will step down Oct. 19 as president of EG-America, the U.S. unit of EG Group, which acquired The Kroger Co.’s convenience-store division earlier this year, CSP Daily News has learned.
Parker became president of EG-America in April 2018 and had held multiple roles within Cincinnati-based Kroger since 1998. He became president of the c-store division in January 2014. He also served on the board of the National Association of Convenience Stores (NACS) from 2010 to 2016, sitting on the audit and membership/communications committees. And he served on the board of the Greater Cincinnati Urban League.
“EG Group extends a special thanks to Jeff for his commitment and efforts in repositioning the convenience-store business from the Kroger parent company,” Chris Hopper, a spokesperson for EG Group, told CSP Daily News. “In his 20 years working with the organization, Jeff has been an integral leader, and we wish him the best in his future endeavors.”
EG-America is conducting a senior executive recruitment search and will announce the new president appointment soon, Hopper said. “During this transition period, it is our priority to find the best individual to lead, while still maintaining a stable and effective convenience-store organization,” he said.
Parker will support his successor and share his experience in the retail c-store business to help ensure an effective transition of his leadership responsibilities to the new president, Hopper said.
Kroger announced in October 2017 its intention to explore strategic alternatives for its c-store business, including a potential sale, in conjunction with Restock Kroger, a plan “to redefine the food and grocery customer experience in America.” It exited the c-store business with the sale to Blackburn, U.K.-based EG Group.
EG Group closed on its acquisition of Kroger’s network of 762 Quik Stop, Kwik Shop, Loaf 'N Jug, Turkey Hill and Tom Thumb c-stores in April. The company established its U.S. headquarters in Cincinnati and continues to operate the stores under their established banners.
- EG Group is now No. 10 in CSP's 2018 Top 202 ranking of c-store chains in the United States by number of company-owned retail outlets.
EG Group is an independent fuel convenience retailer with a diversified portfolio of sites across eight European countries and in the United States. It operates nearly 5,000 sites globally, generating revenues of more than $20 billion. On the fuel side, it partners with Esso, BP, Shell and Texaco. In convenience retail, the business has cultivated relationships with Carrefour, Spar and Louis Delhaize, with food-to-go partners including Starbucks, KFC, Burger King and Subway.