John Carey has been appointed CEO and president of EG America.
The parent company of Cumberland Farms, Kwik Shop and other U.S. c-store banners has a new leader.
U.K.-based EG Group has appointed John Carey as CEO and president of EG America to drive its successful growth strategy in the U.S. His appointment is effective Oct. 1. The interim EG America president, Nick Unkovic, will revert to his role as chief legal and administrative officer of EG America.
EG Group entered the U.S. in 2018 when it acquired The Kroger Co.’s convenience store business. The U.S. is now the company’s largest market, both by revenue and sites. It owns and operates 1,645 convenience store and fuel retail sites across 10 banners in 30 states. The brands include Cumberland Farms, Certified Oil, Fastrac, Kwik Shop, Loaf N' Jug, Minit Mart, Quik Stop, Sprint, Tom Thumb, and Turkey Hill.
"John is the ideal leader to drive forward EG America's proven strategy,” said Zuber Issa, co-founder and co-CEO of EG Group. “He has an excellent track record and knowledge of the sector, as well as a detailed understanding of the group's ambitious plans for EG America. We look forward to working closely with John in his new role as we continue to execute our growth strategy with the support of U.S. colleagues. continued contribution and support."
Carey has detailed knowledge of EG Group's operations, having been a non-executive member of the board since November 2020. As a result of his appointment, Carey will become an executive director on the board.
Carey has previously held senior executive positions at BP plc and ADNOC Distribution, where as deputy CEO, he led its IPO on the Abu Dhabi stock exchange in 2018. During his 10-year career at BP, his senior roles included CEO of Castrol's global B2B business encompassing the aviation, industrial, marine and energy businesses.
“EG Group is a great business, which I have learned first-hand,” stated Carey. “EG America has a strong platform and a clear strategy to drive growth at its market-leading sites through enhancing its convenience retail and foodservice offering across its much-loved banners.”
\EG Group currently employs more than 50,000 employees working in over 6,600 sites across Europe, the U.S., and Australia.