The news comes as the company fights a takeover bid by the Canadian-based owner of a rival convenience store chain.
DALLAS — In a shakeup, 7-Eleven’s Japanese parent company announced it’s getting a new CEO and says it plans to hold an initial public offering of its North American convenience store business.
Seven & i Holdings, 7-Eleven’s parent company, announced Thursday that Stephen Hayes Dacus, who currently serves as the company’s board chair, will be appointed its CEO. Dacus will take over as the company’s CEO in May.
In a press release, Seven & i Holdings says it’s planning to hold an initial public offering of its North American convenience store business, which includes 13,000 stores in the U.S. and Canada, by the second half of 2026.
“The Board is confident that an IPO at this time is the best path to unlock significant value for Group shareholders and position …
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