Stan Reynolds and Doug Rosencrans appointed Interim Co-CEOs DALLAS, Dec. 19, 2025 /PRNewswire/ -- 7-Eleven, Inc. (SEI) today announced that Joe DePinto, who has served as CEO of 7-Eleven, Inc. for more than twenty years, will retire from his position, effective as of the end of this year. Stanley (Stan) Reynolds, currently President of SEI, and Douglas (Doug) Rosencrans, currently Executive Vice President & COO of SEI have been appointed Interim Co-CEOs of SEI as of the same date and will serve in this capa ...

Core Viewpoint - KLX Energy Services Holdings, Inc. has appointed Geoffrey C. Stanford as Interim Chief Financial Officer effective January 7, 2026, following the resignation of Keefer M. Lehner, which is not related to any operational or financial issues within the company [1]. Group 1: Leadership Changes - Geoffrey C. Stanford, currently Senior Vice President and Chief Accounting Officer, will take over as Interim CFO [1]. - Keefer M. Lehner will resign from his position as Executive Vice President and CFO effective January 7, 2026 [1]. - The resignation of Lehner is confirmed to be unrelated to any issues with the company's operations, financial reporting, or controls [1]. Group 2: Background of Geoffrey C. Stanford - Stanford joined KLX in 2018 as Vice President and Chief Accounting Officer and was promoted to Senior Vice President in December 2020 [2]. - Prior to KLX, he held positions at Amedisys Home Health & Hospice and Willbros Construction, focusing on corporate accounting initiatives [2]. - Stanford is a licensed Certified Public Accountant with an MBA from Tulane University and bachelor's degrees in Accounting and Finance from Louisiana State University [2]. Group 3: Company Overview - KLX is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies [4]. - The company operates in all major active basins in the United States, delivering critical services focused on drilling, completion, production, and intervention activities [4]. - KLX has over 60 service and support facilities across the United States, supported by skilled personnel and a broad portfolio of innovative in-house manufacturing, repair, and maintenance capabilities [4].

Core Insights - Warren Buffett announced his decision to step down as CEO of Berkshire Hathaway at the end of the year, marking a significant transition for the company [3] - Greg Abel, currently the chairperson of Berkshire Energy, has been named as the incoming CEO, a move that follows Buffett's earlier identification of Abel as his successor in 2021 [3][5] - The leadership changes also include the retirement of longtime CFO Marc Hamburg, who has served for over 40 years, with Charles Chang set to take over as corporate CFO in June 2026 [5] Leadership Transition - Buffett has expressed confidence in Greg Abel's capabilities, stating that Abel has exceeded expectations and possesses a deep understanding of the company's operations [4] - Hamburg's retirement is planned for 2027, and he has been a key figure in Berkshire's financial leadership since becoming CFO in 1992 [5] - The leadership changes are part of a broader restructuring within Berkshire's corporate team, affecting both non-insurance and insurance operations [5]

Core Viewpoint - The Sherwin-Williams Company has appointed Benjamin E. Meisenzahl as the new Chief Financial Officer (CFO), effective January 1, 2026, following a deliberate succession process aimed at ensuring continued profitable growth and financial excellence [1][2]. Company Leadership Transition - Benjamin E. Meisenzahl, who has 22 years of experience with Sherwin-Williams, will take over from Allen J. Mistysyn, who is retiring after 35 years with the company [1][2]. - Meisenzahl has held various roles, including Senior Vice President – Finance, where he led key corporate functions and was a business partner to the CEO [1][2]. - The transition is designed to maintain a strong leadership team, with an average of 26 years of experience among senior leaders [2]. Acknowledgment of Previous Leadership - The company expressed gratitude for Allen J. Mistysyn's leadership during challenging times, including significant acquisitions and the global pandemic, noting that the market capitalization more than tripled during his tenure [1][2]. Company Background - Sherwin-Williams, founded in 1866, is a global leader in manufacturing and distributing paint and coatings, with a wide range of well-known brands [4][5]. - The company operates over 5,400 stores and serves various customer segments, including professional, industrial, and retail [5].

Core Insights - The Bank of the James Financial Group is implementing leadership changes to enhance oversight and coordination of financial and investment strategies [1][2][10] Leadership Transition Overview - J. Todd Scruggs will transition from Chief Financial Officer (CFO) to Chief Investment Officer (CIO), while Eric J. Sorenson, Jr. will take over as CFO [7][9] - This transition aims to support the Company's long-term strategic and governance goals by separating oversight of the investment portfolio from financial operations [8] - The leadership changes reflect the Board's confidence in the capabilities of both executives, emphasizing their experience and commitment to the Bank's values [3][10] Executive Profiles - J. Todd Scruggs has been with the Bank since its founding, overseeing financial planning and risk functions, and will now focus on managing the investment portfolio [5][7] - Eric J. Sorenson, Jr. has extensive experience in regulatory and legal matters, and will oversee financial, accounting, treasury, budgeting, and reporting functions as CFO [4][7] Transition Details - The leadership transition will take effect on January 1, 2026, with a focus on ensuring continuity and minimal disruption to operations [9] - Both executives will collaborate closely during the transition period to maintain operational stability [9]

Core Points - GlobalFoundries announced the departure of CFO John Hollister for personal reasons, with Sam Franklin appointed as Interim CFO [1][2] - The company expresses confidence in Sam Franklin's ability to manage the transition due to his extensive experience and familiarity with GF's operations [2] - GF's financial results for the upcoming quarter are expected to meet or exceed previous guidance [2] Company Overview - GlobalFoundries is a leading semiconductor manufacturer, providing essential products for various high-growth markets including automotive, smart mobile devices, and communications infrastructure [4] - The company emphasizes innovation and partnerships to deliver high-performance, power-efficient products [4] - GF operates globally with manufacturing facilities in the U.S., Europe, and Asia, focusing on security, longevity, and sustainability [4] Leadership Background - Sam Franklin has over 18 years of experience in corporate finance, investment management, and investment banking, joining GF in 2022 [3] - His previous role included Senior Vice President at Mubadala Investment Company, where he managed financial responsibilities for the Direct Investments group [3]

Core Viewpoint - Huntsman Corporation announced the appointment of Julia Wright as Executive Vice President, General Counsel, and Secretary, effective October 13, 2025, succeeding David Stryker, who will retire at the end of the year [1][3]. Group 1: Leadership Transition - Julia Wright has over 15 years of senior executive experience, previously serving as Senior Vice President, General Counsel, and Secretary at ChampionX Corporation [2]. - David Stryker has been with Huntsman as General Counsel since June 2013 and will assist in the transition while focusing on strategic initiatives [3]. Group 2: Julia Wright's Background - At ChampionX, Wright was responsible for various legal functions, including corporate governance, compliance, and M&A, and played a key role in the company's acquisition by SLB [2]. - Wright's previous experience includes serving as Vice President and General Counsel at Nabors Industries and starting her career at Vinson and Elkins [2]. Group 3: Company Overview - Huntsman Corporation is a global manufacturer and marketer of specialty chemicals, with 2024 revenues of approximately $6 billion [4]. - The company operates over 60 manufacturing and R&D facilities in about 25 countries and employs approximately 6,300 associates [4].

Core Insights - Galapagos NV has appointed Mr. Aaron Cox as Chief Financial Officer, effective July 7, 2025, succeeding Mr. Thad Huston, who will assist in the transition until July 31, 2025 [1][2] Group 1: Leadership Transition - Aaron Cox brings over 20 years of experience in biotechnology, capital markets, and M&A, having previously served as CFO at Horizon Therapeutics, where he was instrumental in the company's $28 billion acquisition by Amgen [2] - Cox's role at Galapagos will involve leading Finance, Accounting, Tax, Procurement, Communications, and Investor Relations, and he will be part of the Executive Committee [3] Group 2: Strategic Goals - The CEO of Galapagos expressed confidence in Cox's ability to accelerate pipeline growth through business development and disciplined financial management, aiming to create a new pipeline of innovative medicines [3] - Cox emphasized his excitement to join Galapagos at a pivotal moment, focusing on creating shareholder value and advancing innovations for patients [4] Group 3: Company Overview - Galapagos is a biotechnology company dedicated to transforming patient outcomes through innovative science, with a focus on high unmet medical needs and a commitment to delivering results for patients and shareholders [6]