Key Developments For The Pantry, Inc.
The Pantry, Inc. (PTRY.O) (Nasdaq)
The Pantry, Inc. Appoints Edwin J. Holman to Succeed Peter Sodini as Chairman of Directors
The Pantry, Inc. announced that its Board of Directors has appointed Edwin J. Holman, a current director, as Chairman of the Board. Mr. Holman will succeed Peter Sodini, who announced his retirement from the Company and Board of Directors effective September 25, 2009.
The Pantry, Inc. Names Terrance M. Marks To Succeed Peter Sodini As President And Chief Executive Officer
The Pantry, Inc. announced that Terrance M. Marks will become President and Chief Executive Officer (CEO) of the Company, effective September 25, 2009. He will succeed Peter J. Sodini, who is retiring from the Company and its Board of Directors.
The Pantry, Inc. Completes Acquisition Of 38 Convenience Stores
The Pantry, Inc. announced that it has completed the previously disclosed acquisition of 38 convenience stores from Herndon Oil Corp. The stores operate under a variety of banners, including Flamingo, and are primarily located in the Mobile, Alabama market, with the remainder in Florida, Mississippi and Louisiana.
The Pantry, Inc.'s President and CEO Peter J. Sodini to Retire
The Pantry, Inc. announced that Chairman and Chief Executive Officer (CEO), Peter J. Sodini, is retiring at the expiration of his current contract on September 30, 2009, capping a long tenure with the Company. A new CEO is expected to be in place by September 30 when Mr. Sodini`s contract expires.
The Pantry, Inc. Agrees To Acquire 40 Stores
The Pantry, Inc. announced that it has signed a definitive agreement to acquire 40 convenience stores. The Company is acquiring the stores from Herndon Oil Corp. The acquisition, which will include the real estate underlying 32 of the 40 locations, is expected to be funded with cash on hand.
