Arko Corp., parent of GPM Investments, which operates about 1,300 convenience stores across the U.S., has named Jordan Mann interim chief financial officer, effective Oct. 10, according to a Thursday announcement.
Mann, who has been senior vice president of corporate strategy, capital markets and investor relations for most of his two-plus years with Arko, replaces Rob Giammatteo, who announced his resignation in August. During his time at Arko, Mann has helped lead the retailer’s strategic initiatives, strengthen investor engagement and support capital markets activities, according to the announcement.
Mann will add the CFO role to his existing duties while the company searches for a permanent replacement, Arko said in an SEC filing on Thursday. He’ll receive a salary bump and an increased equity package with his promotion, and he will continue reporting to Kotler in his new role, according to the filing. Even if Mann is not named the permanent CFO, he will keep his new benefits moving forward, the filing said.
“Jordan has been an integral part of ARKO’s leadership team and a driving force behind our strategic and financial priorities,” said Arie Kotler, chairman, president and CEO of Arko, in the announcement. “His deep familiarity with our business and leadership approach position him well to support a smooth transition and continued execution of our long-term strategy.”
Before joining Arko, Mann spent 12 years working in investment banking, including as an executive director at Morgan Stanley, VP and director at Credit Suisse and VP at Berkshire Capital Securities. Much of his time in investment banking was spent covering the retail and consumer sectors.
“I’m honored to take on this role and to continue working closely with Arie and the leadership team during this important period for ARKO,” Mann said in the announcement. “We have a clear strategic vision and a strong foundation for growth, and I look forward to helping drive continued progress as we build long-term value for shareholders.”
