Robert Giammatteo will step down from his role as CFO of Arko Corp. “to pursue a new opportunity outside the convenience store sector,” the convenience retailer announced on Monday.
He will remain in the post until Oct. 10 to ensure an orderly transition.
“Robb has played an important role in advancing our transformation plan and strengthening ARKO’s finance department,” said Arie Kotler, chairman, president and CEO of Arko, in the announcement. “His operational discipline and collaborative leadership have helped position ARKO for long-term success.”
Giammatteo joined Arko in January 2024, after Don Bassell stepped down from the role after nearly 20 years.
“Leading the finance team through this period of transformation has been a privilege and deeply fulfilling,” said Giammatteo in the announcement. “I am proud of what we have achieved together and I am excited to watch ARKO continue to advance its transformation plan as a shareholder.”
In addition to his two years as CFO, Giammatteo spent four years as executive vice president, CFO and chief transformation officer for GetGo Cafe + Market, the former c-store arm of grocer Giant Eagle and now a division of Alimentation Couche-Tard. But much of his career has been outside the c-store industry, including finance roles with fashion retail companies Ascena Retail Group, VF Corporation and Limited Brands, as well as more than four years with General Motors’ OnStar.
In a filing with the Securities and Exchange Commission, Arko noted that Giammatteo’s decision to leave “was not related to any disagreement with the Company on any matter relating to any financial or accounting issue or any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.”
Representatives from Arko could not be reached by press time with questions about Arko’s plans for the CFO role.
