Group 1 - Arko Corp. has appointed Galagher Jeff as executive vice president and chief financial officer, effective December 1, following the departure of Rob Giammatteo [9] - Jeff's previous experience includes roles at Murphy USA, Dollar Tree, Advance Auto Parts, and Walmart, where he held significant positions in finance and strategy [6][9] - The company is undergoing a transformation plan that includes converting underperforming stores to dealer sites and enhancing its focus on food through a new store design centered around the Fas Craves foodservice program [3][9] Group 2 - Jeff expressed optimism about Arko's multi-year transformation plan and the potential for organic growth initiatives [7] - Jordan Mann served as interim CFO during the search for Jeff and was acknowledged for ensuring a smooth transition [8]

Core Insights - GPM Investments is shifting its strategy towards a food-focused convenience store model to enhance traffic, profitability, and value proposition in a challenging microeconomic environment [3][6] - The company plans to expand its new store design to an additional 20 to 25 locations following the initial pilot stores [7] Company Strategy - The new store design emphasizes foodservice, moving away from a previous focus on acquisitions to organic growth and improving loyalty programs [3][7] - The Fas Craves program features a variety of grab-and-go food items and beverage offerings, aiming to attract more customers [4][6] Expansion Plans - GPM has opened three pilot stores in the Richmond, Virginia area, with plans for four more by the first half of 2026 [7] - The performance of the opened locations has been positive, leading to plans for further expansion once the initial seven stores are operational [6][7]