CST Brands Inc. (CST) and CrossAmerica Partners LP (CAPL) announced that Joe Topper, the Chief Executive Officer and President of CrossAmerica, has decided to retire as CEO effective September 30, 2015.
Topper will resign as President of CrossAmerica effective immediately and Jeremy Bergeron, who served as CST Brands' Senior Vice President of Integration and Development Operations, has been named CrossAmerica's President.
Topper will continue the day-to-day management of CrossAmerica until September 30th. Bergeron will report to Topper until Topper retires as CEO. Topper will also continue to serve on the boards of both CrossAmerica and CST Brands after he formally steps down as CEO.
David Hrinak, CrossAmerica's current Executive Vice-President and COO, will continue in his role and report directly to Bergeron. Hrinak brings decades of experience in the industry, and a calm, steady leadership presence to the organization.
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