Core-Mark Holding Company Announces Executive Leadership Promotions
January 07 2021 - 6:00AM
Core-Mark Holding Company, Inc. (NASDAQ: CORE) (“the
Company”), one of the largest marketers of fresh, food and
broad-line supply solutions to the convenience retail industry in
North America, announces two appointments to the executive team,
effective immediately:
Chris Hobson, a well-regarded industry leader in
driving growth and distribution center excellence with over 20
years of Core-Mark experience, has been named the Company’s
Executive Vice President & Chief Operating Officer. Chris most
recently served as SVP for the Company’s Eastern Divisions which
delivered consecutive years of strong EBITDA growth under his
leadership. Previously, he served as the Company’s Senior Vice
President of Western Divisions, Senior Vice President of Sales
& Marketing and in other key roles focused on growth and
operational excellence. Earlier in his career, Chris held
progressing leadership roles with nationally leading convenience
retailer, 7-Eleven.
Andy Newkirk will also join Core-Mark’s
executive ranks in his promotion to Senior Vice President of
Operations, reporting to Mr. Hobson. Prior to this role, Andy
served as the Company’s Vice President of Operations for four
years, driving significant productivity improvement, fostering
competitive advantage through our people, implementing technology
advancements and championing the Company’s safety culture. Earlier
in his career, Andy held various senior leadership roles at Sysco
Corporation and Kellogg Company, providing him with an extensive
background in complex supply chain operations.
“The promotion of Chris and Andy into top
operational roles recognizes two incredible leaders in the Company
for their contributions to our success and positions them to drive
greater contributions to our growth and operational performance,”
stated, Scott McPherson President and Chief Executive Officer. “As
we continue to position Core-Mark for the future, these changes
provide the Company a solid foundation to achieve our 2021
objectives and drive future performance.”
These executive appointments provide Core-Mark a
unified Division Leadership Organization, led by Mr. Hobson,
focused on delivering growth and operational excellence and
supporting our ongoing division transformation and centralization
activities. These moves also streamline the executive reporting
structure, providing our top leadership with greater flexibility to
focus on key strategic initiatives to accelerate shareholder
returns.
About Core-Mark Core-Mark is
one of the largest marketers of fresh, food and broad-line supply
solutions to the convenience retail industry in North America.
Founded in 1888, Core-Mark offers a full range of products,
marketing programs and technology solutions to approximately 41,000
customer locations in the U.S. and Canada through 32 distribution
centers (excluding two distribution facilities the Company operates
as a third-party logistics provider). Core-Mark services
traditional convenience stores, grocers, drug stores, mass
merchants, liquor and specialty stores, and other stores that carry
convenience products. For more information, please visit
www.core-mark.com.
Contact: David Lawrence, Vice President of
Treasury and Investor Relations, 1-800-622-1713 x 7923 or
david.lawrence@core-mark.com
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