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EG Group appoints new chief executive of EG America

EG Group has appointed John Carey as chief executive and president of EG America. The group launched in the US in 2018 when it acquired Kroger’s… View Article

GENERAL MERCHANDISE NEWS

EG Group appoints new chief executive of EG America

EG Group has appointed John Carey as chief executive and president of EG America.

The group launched in the US in 2018 when it acquired Kroger’s 762-site convenience store business. Since then, the business has grown both organically and through acquisitions.

Due to take up his role on 1 October 2023, Carey has previously held senior executive positions at BP and ADNOC Distribution. During his 10-year career at BP, he worked as chief executive of Castrol’s global B2B business and held the same position at BP’s  Liquefied Petroleum Gas business.

Carey has been a non-executive member of EG Group since November 2020. As a result of his new appointment, he will move to becoming an executive director. He will succeed George Fournier, who stepped back as EG America President in the fourth quarter of last year for personal reasons, before returning in the spring to support the business.

Meanwhile, the interim EG America president, Nick Unkovic, will revert to his role as chief legal and administrative officer of EG America.

Zuber Issa,  co-founder and co-chief executive of EG Group, said “John is the ideal leader to drive forward EG America’s proven strategy. He has an excellent track record and knowledge of the sector, as well as a detailed understanding of the Group’s ambitious plans for EG America. We look forward to working closely with John in his new role as we continue to execute our growth strategy with the support of US colleagues. I would like to sincerely thank Nick and George for their continued contribution and support.”

EG America is the group’s largest market, both by revenue and sites. It owns and operates 1,645  convenience store and fuel retail sites across 10 banners in 30 states which include Cumberland Farms, Certified Oil, Fastrac, Kwik Shop, Loaf N’ Jug, Minit Mart, Quik Stop, Sprint, Tom Thumb, and Turkey Hill.

In 2022, EG America delivered total revenue of $10.2 billion.

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