7-Eleven Appoints DePinto as President and CEO

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7-Eleven Appoints DePinto as President and CEO

DALLAS-- Joseph M. DePinto was named president and CEO of 7-Eleven Inc. overseeing all strategic, operational and financial aspects of the company. He will report to Toshifumi Suzuki, chairman and CEO of Seven-Eleven Japan Co. Ltd., which, through its affiliates owns 100 percent of 7-Eleven Inc.

Effective Dec. 1. DePinto will replace Jim Keyes, who retired from the company earlier this month. "7-Eleven is an outstanding company, and I am excited about this opportunity," said DePinto. "I am looking forward to working with its highly dedicated team to continue to improve the company. My focus will be on driving profitable growth by exceeding the expectations of our customers, franchisees and other key stakeholders."

DePinto, 43, is returning to 7-Eleven from GameStop Corp., one of the world's largest video game and entertainment software retailers, where he has served as president since March 2005. Before joining GameStop, DePinto was vice president of operations at 7-Eleven. Prior to that, DePinto was senior vice president and CEO of Thornton Quick Cafe & Market. He began his career at PepsiCo Inc., where he held a number of executive positions.

"Joe's proven ability to drive results will be an advantage for 7-Eleven as we continue to improve our operations," said Suzuki who is serving as interim president and CEO of 7-Eleven Inc. until DePinto's arrival. "With Joe's background in marketing, merchandising, and operations and his demonstrated focus on customer service and satisfaction, he will provide excellent leadership for the next phase of our growth. Joe... knows our business and strategies well, and we are pleased that he is returning to 7-Eleven."

DePinto holds a Bachelor of Science degree in engineering management from the United States Military Academy at West Point, and a Master of Business Administration from the Kellogg School of Management at Northwestern University.