Pantry CEO to retire

Cary, N.C. Convenience store chain Pantry said Friday that CEO Peter J. Sodini will retire next month and be succeeded by former Coca-Cola Enterprises executive Terrance M. Marks.

Sodini's planned retirement was announced by the company last April.

Marks, 49, will also become president on Sept. 25. He previously served as executive VP Coca-Cola Enterprises and president of Coca-Cola Enterprises North American Group.

Pantry operates 1,679 stores in 11 states.