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NATIONAL REPORT — Retailers, wholesalers and suppliers in the convenience store industry are only as good as their management teams and employees. In this special roundup, Convenience Store News runs down the most recent executive changes, new hires, promotions and people achievements happening in the industry.
Two top executives at Chevron assumed new roles effective Jan. 1. Michael Wirth, formerly executive vice president, downstream and chemicals, became executive vice president, midstream and development. Pierre Breber, formerly executive vice president, gas and midstream, became executive vice president, downstream and chemicals.
Both continue to report to John S. Watson, Chevron's chairman and CEO.
In his new role, Wirth has responsibility for corporate strategy, business development, supply and trading, gas commercialization and the company's midstream operating units engaged in transportation and power.
Breber now leads Chevron's worldwide manufacturing, marketing, chemicals, lubricants and Oronite additives businesses. He also has oversight of the company's chemical joint venture, Chevron Phillips Chemical Co.
CORD Financial Services
Convenience store industry veteran Steve Brady was promoted to senior vice president of retail at CORD Financial Services.
"Steve's awareness and knowledge of the convenience retail space will help CORD foster new relationships and take the company to the next level," said Kenneth Gilbert, president of CORD. "His results-driven business approach combined with his proven leadership capabilities will enhance our sales department. He's the perfect match to lead our retail sales force and differentiate CORD in all of the markets we serve."
Brady was inducted into the Convenience Store News Supplier Hall of Fame in 2014. He is a strategic partner and member ambassador for SIGMA and serves on the Supplier Board of NACS, the Association for Convenience & Fuel Retailing.
CST Brands Inc.
CST Brands' board of directors appointed Joseph E. Reece as an independent director of the company. He will also serve on the company's Executive and Nominating and Governance Committees.
Reece has more than 28 years of experience advising public and private corporations, boards, financial sponsors and institutional investors on strategy, financing, and mergers and acquisitions. He also has extensive experience in the real estate, consumer and retail, energy, technology, media, health care, financial services and industrial sectors.
He recently concluded an 18-year career with Credit Suisse as its global head of Equity Capital Markets (ECM), where he provided investment banking, capital market advisory services, and merger and acquisition advice across a broad range of industries. As global head of ECM, he participated in the origination and distribution of equity products globally on behalf of Credit Suisse clients, as well as developing and overseeing management protocols for the related risk book.
During his career, he led multiple business units both regionally and globally, participated in business turnarounds as well as new business development; and ultimately sat on both the Global Equities Management Committee and the Investment Banking Management Committee.
Prior to becoming an investment banker, Reece spent 10 years as a practicing attorney. He is currently president and founder of Helena Capital, a merchant bank with offices in New York and Los Angeles, where in addition to principal investing, he continues to provide CEO-level counseling focused on long-term value creation.
With Reece's appointment, nine of CST's 11 directors are now independent.
Energy Transfer Partners LP
Marshall S. McCrea, formerly president and chief operating officer of Energy Transfer Partners LP (ETP), has been promoted to group COO and chief commercial officer for Energy Transfer Equity LP. In this new role, McCrea is responsible for the oversight and development of all commercial and strategic opportunities for the entire family of midstream partnerships.
Prior to his appointment as ETP president in 2008, McCrea held a number of senior management positions within the partnership, including president of Energy Transfer Co., a subsidiary of ETP, and senior vice president of business development.
Long-time Energy Transfer Equity board member Matthew S. Ramsey was named the new president and COO of ETP. Ramsey, who has more than 35 years of experience in the energy industry, has served on the board of directors since 2012 and as chairman of the board of Energy Transfer-owned Sunoco LP since 2014.
Ramsey now leads ETP's commercial activities along with the operations, engineering, construction and compression business segments, all of which will benefit from his track record of building and managing successful companies and his extensive knowledge of the Energy Transfer family.
JTM Food Group
JTM Food Group hired Tom Burke as vice president of human resources. He oversees all strategic HR initiatives, including compensation, benefits, employee engagement, training, and leadership development.
Burke joins JTM with more than 25 years of progressive human resources experience. Most recently, he was the environmental health and safety manager for The Schwan Food Co. Prior to that, Burke was director of human resources and safety for the Castellini Group of Cos. He was also previously employed as vice president of human resources for AdvancePierre Foods.
"We are thrilled to have Tom on board. Not only does he bring a wealth of knowledge and experience to the table, he also shares in many of JTM's core values and beliefs," said Tony Maas, president of JTM Food Group. "We are a growing company and are committed to not only growing our bottom line, but to developing our valuable team of employees. Tom's experience and expertise will help us tremendously as we move into the next chapter of our story."
L.E. Belcher Inc.
Energy supplier L.E. Belcher Inc. hired convenience store industry veteran D.J. Orr to assume the newly created role of vice president of retail convenience. Orr comes to the company from Tedeschi Foods Shops Inc., with more than 30 years of multi-unit retail management experience. In his prior position, he led a team of 12 direct reports and oversaw more than 100 diverse convenience store sites.
Orr also serves on the New England Convenience Store Association Massachusetts Legislative Committee and is chairman of the board for Goodwill Industries of Pioneer Valley.
"We are really excited to have D.J. join our team. We've crafted an ambitious strategic growth plan to better serve our customers and enhance the overall profitability of the division," said David Ryan, chief operating officer. "D.J. will be able to facilitate the execution of those objectives by leveraging our existing team members and his extensive industry experience."