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Casey’s prepares for CEO transition

7/13/2015

Ankeny, Iowa - Casey’s General Stores Inc. is set to have its first new CEO in more than a quarter-century. After more than 26 years with the company, Robert J. Myers, chairman and CEO, will retire as CEO at the end of the 2016 fiscal year on April 30, 2016.



Casey’s board of directors has named Terry W. Handley, currently president and COO and a 34-year veteran of the company, as president and CEO, effective upon Myers’ retirement. Myers, 68, who has served as Casey’s CEO since 2006, will continue to serve on the company’s board of directors following his retirement.



“On behalf of the board, I want to thank Bob for his extraordinary contributions over the past nine years as our CEO,” said William C. Kimball, lead director of Casey’s. “During his tenure as CEO, Bob has overseen significant and profitable growth as Casey’s has built and acquired nearly 500 stores, while enhancing the performance of our existing stores through strategic remodels, customer-oriented initiatives and new product offerings.”



Handley has worked at Casey’s for 34 years in roles that include: director of marketing, store operations regional manager, VP of food service and senior VP of store operations.



I am grateful to the board for its vote of confidence and to Bob for his mentorship over the years,” said Handley. “I look forward to working closely with the board, our talented management team and employees to continue to drive shareholder value.”


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