LAVAL,
QC, June 7, 2023 /PRNewswire/ - Alimentation
Couche-Tard Inc. ("Couche-Tard" or the "Corporation")
(TSX: ATD) today announced that Claude
Tessier, Executive Vice President and Chief Financial
Officer, has informed us of his plan to retire from this position.
Filipe Da Silva will be appointed as Executive Vice President
and Chief Financial Officer on July 1,
2023, to succeed him. Mr. Tessier will step down as
Executive Vice President and CFO effective July 1, 2023, but will stay on with Couche-Tard
for a transition period to assist Mr. Da Silva in order to
ensure a smooth and seamless transition.
Mr. Da Silva brings impressive international retail and
financial expertise to Couche-Tard. He started his career with
TotalEnergies, the French energy conglomerate, in Argentina, then joined the Carrefour group
where he worked in Buenos Aires,
Colombia, India and Indonesia. He later joined Groupe Exito, one
of South America's largest big box
retailers, whose largest shareholder was the French retail giant,
Casino. Filipe then joined Walmart's Central America subsidiary as CFO to later
become Walmart Canada's CFO. Filipe is currently occupying the
position of Senior Vice President Finance at Couche-Tard.
"Filipe has already proved himself as a trusted
leader in the organization since joining in March 2023 and has spent much time learning the
business from Claude. We have full confidence in Filipe, along with
our experienced and highly capable finance team, and we expect the
seamless transition between the two roles to be transparent for
financial markets. I want to thank him for taking on this mandate,
and I look forward to working with Filipe in his new
capacity", said Brian Hannasch,
President and Chief Executive Officer of Couche-Tard.
"On behalf of myself and the Board, I would like to thank Claude
for his numerous contributions to Couche-Tard's success over the
last seven years. Claude led us through a period of
significant growth, a five-year strategic plan, and many important
milestones. Over his years of service, with his steadfast and
visionary leadership, Claude has contributed immensely to the
success of Couche-Tard, and we wish him the very best in his future
endeavors", said Mr. Hannasch.
About Alimentation Couche-Tard
Inc.
Couche-Tard is a global leader in convenience and fuel retail,
operating in 24 countries and territories, with more than 14,300
stores, of which approximately 10,900 offer road transportation
fuel. With its well-known Couche-Tard and Circle K banners, it is
one of the largest independent convenience store operators in
the United States and it is a
leader in the convenience store industry and road transportation
fuel retail in Canada,
Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in
Poland and Hong Kong SAR.
Approximately 122,000 people are employed throughout its
network.
For more information on Alimentation Couche-Tard Inc. or to
consult its annual Consolidated Financial Statements and Management
Discussion and Analysis, please visit:
https://corpo.couche-tard.com.
Forward-Looking Statements
Certain statements in this press release may constitute forward
looking statements within the meaning of securities legislation,
including those with respect to the potential transaction. Positive
or negative verbs such as "believe", "can", "shall", "intend",
"expect", "estimate", "assume" and other related expressions are
used to identify such statements. Such statements are based upon
the current beliefs and expectations of Couche-Tard and are subject
to significant risks and uncertainties outside of Couche-Tard's
control. Couche-Tard would like to point out that, by their very
nature, forward-looking statements involve risks and uncertainties
such that its results, or the measures it adopts, could differ
materially from those indicated in or underlying these statements,
or could have an impact on the degree of realization of a
particular projection. Unless otherwise required by applicable
securities laws, Couche-Tard disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. The
forward-looking information in this release is based on information
available as of the date of the release.
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SOURCE Alimentation Couche-Tard Inc.
