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Retail

Couche-Tard Appoints Tessier As New Chief Financial Officer

Alimentation Couche-Tard, owner of the Circle K brand and as of recently, Irish chain Topaz, has announced the appointment of Claude Tessier as its new Chief Financial Officer, with effect from January 28 of this year.

Tessier joins Couche-Tard from Canadian grocer Sobeys, where he held the position of President of the IGA Operations Business Unit.

"I am excited to join the Couche-Tard family. Couche-Tard is one of the true success stories of Québec," he commented.

"In addition to overseeing the financial, reporting and investor relations functions in Couche-Tard, I look forward to joining President and Chief Executive Officer Brian Hannasch in evaluating opportunities for further expansion under the new, global Circle K brand," he continued.

Meanwhile, Hannasch said of Tessier, "He has a proven track record as the Head of Finance of a large, complex business and has experience with financing, acquisitions and capital markets in publicly traded companies."

He added, "Claude is the ideal candidate to help Couche-Tard continue its strong growth and to continue adding shareholder value with us."

Prior to his work with Sobeys, Tessier gained more than 15 years’ of senior financial leadership experience with Fly Furniture, Provigo and Costco, including in CFO and Vice President roles. He has also held management positions at Mallette International and PricewaterhouseCoopers.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Jenny Whelan. To subscribe to ESM: The European Supermarket Magazine, click here.

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