Murphy USA (US:MUSA) Yahoo Financeยท2025-10-20 10:00Core Points - Murphy USA's Executive Vice President and Chief Financial Officer, Galagher Jeff, has resigned as of October 14, 2024, after a brief tenure that began earlier in the year [2][3][4] - The resignation follows a financially challenging year for Murphy USA, which saw revenue declines due to significant investments in new store development and a recent layoff of about 100 corporate employees [3][4] - Donald Smith Jr., who has been with Murphy USA since 2013, has been appointed as the interim CFO, with no immediate plans announced for a permanent replacement [6] Financial Performance - Murphy USA experienced revenue declines in 2024, attributed to heavy investments in new store development [3] - The company laid off approximately 100 corporate team members as part of efforts to enhance operational effectiveness [3] Leadership Changes - Galagher Jeff's departure is confirmed not to be due to any disagreements regarding the company's operations or financial performance [4] - Donald Smith Jr. has taken over as interim CFO, having previously served as VP and controller since the company's spin-off from Murphy Oil [6]