As expected, the convenience store industry saw dozens of c-suite changes during 2024. But unlike in previous years, CEOs were at the top of these shifts, with several major convenience retailers appointing new top leaders.
Here were some of the most notable c-store CEO changes that occurred in 2024.
Miller takes over at Couche-Tard
Alimentation Couche-Tard, parent of Circle K convenience stores, appointed Alex Miller as president and CEO in September.
Former leader Brian Hannasch, who became president and CEO of Couche-Tard in 2014, shifted to a “special advisor” role, where he now assists both Miller and Alain Bouchard, Couche-Tard’s founder and executive chairman. Hannasch also departed Couche-Tard’s board of directors at this time.
Miller joined Couche-Tard in 2012 as director of fuels, real estate and facilities, according to his company bio. He moved up the company’s ladder over the following 12 years, eventually becoming executive vice president of North America operations and global optimization.
He was appointed the company’s first chief operating officer in January 2023.
BP’s interim CEO becomes full-time
BP named Murray Auchincloss as its new CEO in January, about four months after former leader Bernard Looney’s resignation. Auchincloss had been BP’s interim CEO since September 2023.
From 2020 to 2023, Auchincloss had served as BP’s CFO. Before that, he was the company’s deputy CFO and head of business development for its upstream segment.
He also spent three years as head of BP’s group chief executive’s office, working directly with former CEO Bob Dudley.
One Maggelet takes over for another at Maverik
In July, Maverik named Crystal Maggelet as its permanent CEO and chief adventure guide, nearly five months after she assumed the role on an interim basis. Chuck Maggelet, who led the c-store retailer for several years, announced his retirement in March.
Crystal Maggelet has been leading FJ Management, Maverik’s parent company, for over 15 years. She also serves as its board chairman.
She oversaw FJ’s acquisition of Maverik in 2012, and has helped evolve the company into one of the leading c-store and truck stop chains in the Western U.S. While Chuck Maggelet oversaw Maverik’s acquisition of Kum & Go last year, Crystal Maggelet is now guiding an integration process that has ruffled consumers’ feathers as it plans to nix the Kum & Go banner entirely.
RaceTrac promotes Morhous to the top position
RaceTrac’s board of directors promoted Natalie Morhous to CEO of the convenience store chain in January. Morhous, who had been president of RaceTrac since 2019 and is a third-generation leader in the family-owned business, succeeded former CEO Max McBrayer, who left the company after 32 years.
Morhous’ rise to RaceTrac's top leadership position came after more than a decade with the company. As president, Morhous worked with McBrayer on RaceTrac’s business decisions and strategy development, including its acquisition of Gulf Oil. Before taking the president role, Morhous served as RaceTrac’s director of strategy and development, executive director of strategy and solutions, and executive director as well as vice president of RaceTrac’s transportation arm, Energy Dispatch.
In April, RaceTrac named Morhous as chairman of the board. She replaced Carl Bolch Jr., who has assumed the role of chairman emeritus after serving as board chairman for 56 years.
EG Group’s co-CEOs split up
In November, EG Group co-founder and co-CEO, Zuber Issa, stepped down from his post at the convenience retailer, shifting to a non-executive director position. His brother and co-founder Mohsin Issa became sole CEO.
Zuber Issa resigned as co-CEO after he acquired the company’s remaining U.K. forecourt business and certain foodservice locations for 228 million pounds. EG Group is the parent company of EG America, which operates over 1,500 convenience stores in the U.S. under several banners, such as Cumberland Farms and Tom Thumb.
Brazier assumes the top Stinkin’ spot
Stinker Stores, which operates more than 100 locations in Colorado, Idaho and Wyoming, named Nate Brazier as president and CEO in May. He succeeded Stinker’s former owner and CEO Charley Jones, who had been transitioning into retirement for the past three years. Jones passed away in August.
Brazier has served as Stinker’s president and COO since 2021, and was a vice president with the company before that. Prior to joining Stinker in 2020, Brazier spent over six years as executive director of regional operations for Maverik. He also held several positions, including field consultant and area franchise director, over the course of three and half years with 7-Eleven.
Warrenton Oil names its new leader
Warrenton Oil, which operates around 60 FastLane convenience stores in central and eastern Missouri, named Mary Banmiller as its new CEO in January. Banmiller — the company’s former senior director of retail operations — succeeded Wayne Baker, who moved into an undisclosed “smaller role” with Warrenton.
As senior director of retail operations, Banmiller helped oversee Warrenton’s FastLane c-store banner as well as its company-operated hotels.
Mannen assumes leadership at Marathon
Marathon Petroleum Corporation’s board of directors unanimously named Maryann Mannen as the energy firm’s new CEO in August.
Mannen, who had been Marathon’s president since January and was its chief financial officer for three years before that, succeeded Michael Hennigan, who transitioned to the company’s board of directors.
Prior to joining Marathon in 2021, Mannen was executive vice president and chief financial officer of TechnipFMC, a global engineering services and energy technology company. From 2007 to 2017, she held several executive roles with energy technology firm FMC Technologies, such as CFO and treasurer.