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National Association of Convenience Stores
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NACS Announces Plan for Leadership Transition
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Alexandria, VA – October 2024 / NewsmakerAlert: National Association of Convenience Stores (NACS) has announced a roadmap to transition its leadership from President & CEO Henry Armour to a new leader in 2026. Armour plans to resign from his position as president and CEO at the end of 2025. The transition plan, developed over the past several years, was set in motion following a NACS Executive Committee meeting in September.

“Henry Armour has fundamentally changed NACS for the better over the past 20 years,” said former NACS Chairman Victor Paterno. “Transforming NACS into a global organization, the financial position of the association has been dramatically improved, the educational and networking offerings of the association have been significantly increased and NACS advocates for federal policy more effectively than ever. Henry has set the table for the next CEO to build on a proven track record of success.”

The NACS Compensation Committee has formed a search committee to identify CEO candidates and assist its selection of the next CEO. The five-member search committee is comprised of Annie Gauthier, CFO/co-CEO, St. Romain Oil Company LLC; Brian Hannasch, former CEO of Alimentation Couche-Tard LLC; Natalie Morhous, CEO of RaceTrac Inc.; Ken Parent, former president of Pilot Flying J LLC; and Joe Sheetz, chairman of Sheetz Inc.

Following Armour’s tenure as CEO, he will provide support to the new CEO and continue to lead NACS’ international activities.

Armour was named NACS president & CEO in July 2005. Since its founding in 1961, NACS has only had three CEOs: Harry Hunter from 1961 to 1981, Kerley LeBouef from 1981 to 2005 and Armour since 2005.

“Serving the industry by leading NACS has been an honor,” said Armour. “While the time will be right for me to pass that torch at the end of next year, I am excited about the opportunities before us through 2025 and look forward to staying involved with the industry by helping the next CEO take NACS and the industry as a whole to even greater heights.”

About NACS
As the leading global trade association for convenience and fuel retailers, National Association of Convenience Stores (NACS) advances the role of convenience stores as positive economic, social and philanthropic contributors to the communities they serve and is a trusted adviser to its retailer and supplier members from more than 50 countries. The U.S. convenience store industry, with more than 152,000 stores, conducts more than 160 million transactions daily and had sales of $860 billion in 2023. For more information, visit www.Convenience.org. Follow NACS on LinkedIn, Twitter, Facebook and Instagram.

NACS Contact:
Jeff Lenard
V.P., Strategic Industry Initiatives
703-518-4272
LinkedIn

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Publishing Dates: 10/22/24 – 12/22/24
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