GPM Investments LLC, a subsidiary of Arko Corp., has named Richard Guidry to the newly created role of senior vice president of foodservice.
Guidry joins GPM with a track record of more than 18 years in the convenience-store industry. Immediately prior to joining GPM, Guidry was brand director of foodservice at Casey’s General Stores Inc., Ankeny, Iowa, where he led a team that focused on menu innovation and simplification initiatives. Prior to that, he served as director of operations at Casey’s. He also spent 15 years in various marketing and operational leadership roles at Atlanta-based RaceTrac.
“Richard’s leadership as well as his food and operations experience will significantly benefit the GPM team as we develop and grow our food business,” said Michael Bloom, executive vice president, chief merchandising and marketing officer at GPM. “Expanding our foodservice is one of our three key strategic pillars, and his strong record of operational execution and food innovation and strategy within this highly competitive category will be essential to our growth strategy as one of the leading public companies in the American convenience-store industry.”
- GPM Investments is No. 6 on CSP’s 2023 Top 202 ranking of the largest c-store chains in the country.
Richmond, Virginia-based Arko owns 100% of GPM and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. GPM has more than 3,700 locations across 35 states, including 1,550 corporate locations operating under various c-store brands, including Fas Mart, Shore Stop, Scotchman, BreadBox, Young’s, Li’l Cricket, Next Door Store, Village Pantry, Apple Market, Jiffi Stop, Admiral, Roadrunner Markets, Jiffy Food Marts, E-Z Mart, 1 Stop, TownStar, ExpressStop and Handy Mart, among others.
The company operates in four segments: retail, which includes convenience stores selling merchandise and fuel; wholesale, which supplies fuel to independent dealers and consignment agents; GPM Petroleum, which sells and supplies fuel to its retail and wholesale sites; and fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide access to a nationwide network of fueling sites.
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