3 Big Numbers is a weekly column that looks at a few key details from around the c-store industry.
Earlier this week, we took our annual look at the compensation packages publicly traded convenience retailers awarded their CEOs in the past fiscal year. Many of the leaders we covered saw their compensation increase year over year, though the reasons varied.
In this week’s “3 Big Numbers,” we take a closer look at the top three earners among CEOs of publicly traded convenience retailers and break down their compensation increases a little more.
$84.3 million
Joseph DePinto’s compensation package for his final year as 7-Eleven Inc.’s CEO.
DePinto, former CEO of 7-Eleven Inc., landed atop the pay scale in fiscal 2025 with around a 13.4 billion yen compensation package, or about $84.3 million at Aug. 14 conversion rates. That’s not a huge surprise given that 7-Eleven is the largest convenience retailer in the U.S. by store count.
However, the margin by which he outpaced his competitors is notable. In 2024, his compensation was worth about twice what second-place Eric Slifka, Global Partners’ CEO, earned. This year, DePinto earned more than four times more than the CEO in second place.
That’s mainly due to a 10-billion-plus-yen severance package that DePinto earned when he retired from the company at the end of 2025. That payout accounted for 77% of his total.
5.5%
The amount by which Shell CEO Wael Sawan’s base salary grew from 2024 to 2025.
Sawan earned 13.8 million pounds in fiscal 2025, or about $18.1 million as of when Shell’s annual report was released. That’s up from the slightly over $11 million he earned in 2024.
Unlike with DePinto, whose pay increase came largely from his severance, Sawan saw increases across multiple areas of his compensation package. This included a 5.5% increase in base salary and a whopping 133.7% increase in share award.
Considering that Shell’s stock has gained 32% year to date and 35% over the past year through Thursday’s open, we wouldn’t be surprised to report that Sawan earned notable stock rewards again this time next year.
$9.6 million
The amount Casey’s General Stores CEO Darren Rebelez made in stock awards in fiscal 2025.
Rebelez had the third-highest compensation among the leaders we looked at in our story at $14.7 million.
Key to that number is his $9.6 million in stock awards, which is about 31% higher than in 2024. That includes some awards that are subject to market-based performance conditions, such as relative total shareholder return.
As we broke down earlier this week, 89% of Rebelez’s target compensation is considered at risk. With the way Casey’s has performed under his leadership, shareholders may find his compensation well worth the price.
