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ALLENTOWN, Pa. — The changing of the guard at CrossAmerica Partners LP is now complete as Joe Topper stepped down from his role as CEO on Oct. 1.
Topper will continue to serve on the boards of both CrossAmerica and CST Brands Inc., which owns the general partner of CrossAmerica. Jeremy Bergeron, who has served as president of CrossAmerica since March, will continue in his leadership role following Topper's exit and will be joining the board of directors of the general partner of CrossAmerica.
Topper marked his retirement with a celebration on Monday, culminating with him ringing the closing bell at the New York Stock Exchange.
"As I step down as CEO of CrossAmerica, I feel confident the partnership is under strong management with Jeremy as president," he said. "CrossAmerica has had phenomenal growth and, as a board member, I am excited to help foster this growth into the future."
In 2012, Topper founded CrossAmerica's predecessor Lehigh Gas Partners LP. In 2014, with the purchase of the general partnership by San Antonio-based CST, the partnership was renamed CrossAmerica Partners LP.
"We are grateful to Joe for his leadership and vision in founding the business that has grown into CrossAmerica Partners," Bergeron said. "We look forward to strengthening the foundation he built and adding to his legacy. We also welcome his guidance on the boards of CST and CrossAmerica."
Allentown-based CrossAmerica Partners is a wholesale distributor of motor fuels, and owner and lessee of real estate used in the retail distribution of motor fuels. The company distributes fuel to more than 1,050 locations and owns or leases more than 625 sites in 16 states: Pennsylvania, New Jersey, Ohio, Florida, New York, Massachusetts, Kentucky, New Hampshire, Maine, Tennessee, Maryland, Delaware, West Virginia, Virginia, Illinois and Indiana.
The company is affiliated with several major oil brands, including ExxonMobil, BP, Shell, Chevron, Sunoco, Valero, Gulf and CITGO.