CrossAmerica Partners LP: Joe Topper retires as CEO of CrossAmerica Partners
(Thomson Reuters ONE) -
For Immediate Release
                                      Karen Yeakel
Oct. 6, 2015
                                                             Ex. Dir.
Investor Relations
Joe Topper retires as CEO of CrossAmerica Partners
(SAN ANTONIO, TX and ALLENTOWN, PA) -Joe Topper stepped down from his role as
CEO of CrossAmerica Partners LP (NYSE: CAPL) ("CrossAmerica" or the
"Partnership") on Oct. 1, 2015 with a retirement celebration Monday in
Allentown, Pennsylvania and at the New York Stock Exchange, where Topper rang
the closing bell.
Topper will continue to serve on the boards of both CrossAmerica and CST Brands,
Inc. (NYSE: CST), which owns the general partner of CrossAmerica. Jeremy
Bergeron, who has served as President of CrossAmerica since March, will continue
in his leadership role following Topper's exit and will be joining the board of
directors of the general partner of CrossAmerica.
In 2012, Topper founded CrossAmerica's predecessor Lehigh Gas Partners. In
2014, with the purchase of the general partnership by CST, the Partnership was
renamed CrossAmerica Partners. The Partnership is a leading distributor of
wholesale fuels as well as an owner of real estate and convenience stores
throughout the United States.
"We are grateful to Joe for his leadership and vision in founding the business
that has grown into CrossAmerica Partners," said Jeremy Bergeron, CrossAmerica's
President. "We look forward to strengthening the foundation he built and adding
to his legacy. We also welcome his guidance on the boards of CST and
CrossAmerica."
 "As I step down as CEO of CrossAmerica, I feel confident the Partnership is
under strong management with Jeremy as President," Topper said. "CrossAmerica
has had phenomenal growth and, as a board member, I am excited to help foster
this growth into the future."
CrossAmerica Partners LP, headquartered in Allentown, PA, is a leading wholesale
distributor of motor fuels and owner and lessee of real estate used in the
retail distribution of motor fuels. Formed in 2012, the company distributes
fuel to over 1,050 locations and owns or leases more than 625 sites in sixteen
states: Pennsylvania, New Jersey, Ohio, Florida, New York, Massachusetts,
Kentucky, New Hampshire, Maine, Tennessee, Maryland, Delaware, West Virginia,
Virginia, Illinois and Indiana. The company is affiliated with several major
oil brands, including ExxonMobil, BP, Shell, Chevron, Sunoco, Valero, Gulf and
Citgo. CrossAmerica ranks as one of ExxonMobil's largest distributors by fuel
volume in the United States and in the top 10 for many additional brands. For
additional information, please visit www.crossamericapartners.com (formerly
www.lehighgaspartners.com).
CST Brands, Inc. (NYSE: CST), a Fortune 500 Company, is one of the largest
independent retailers of motor fuels and convenience merchandise in North
America. Based in San Antonio, Texas, CST employs over 14,000 Team Members at
approximately 1,900 locations throughout the Southwestern United States, New
York and Eastern Canada offering a broad array of convenience merchandise,
beverages, snacks and fresh food. In the U.S., CST Corner Stores proudly sell
fuel and signature products such as Fresh Choices baked and packaged goods, U
Force energy and sport drinks, Cibolo Mountain coffee, FC Soda and Flavors2Go
fountain drinks. In Canada, CST is the exclusive provider of Ultramar fuel and
its Dépanneur du Coin and Corner Stores sell signature Transit Café coffee and
pastries. CST also owns the general partner of CrossAmerica Partners LP, a
wholesale distributor of fuels, which distributes fuel to over 1,100 locations
across 23 states. For more information about CST, please visit cstbrands.com.
Contacts
CST Brands, Inc.
Investors:
Randy Palmer, 210-692-2160
or
CrossAmerica Partners LP
Karen Yeakel, 610-625-8005
or
Media:
Lisa Koenig, 210-692-2659
or
The DeBerry Group
Melissa Ludwig or Trish DeBerry, 210-223-2772
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: CrossAmerica Partners LP via GlobeNewswire
[HUG#1957118]
Unternehmensinformation / Kurzprofil:
Datum: 06.10.2015 - 15:04 Uhr
Sprache: Deutsch
News-ID 425068
Anzahl Zeichen: 5149
contact information:
Town:
Allentown
Kategorie:
Business News
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