Dive Brief:
- BP and two of its highest-ranking convenience retail executives are parting ways as the oil company reshapes its organizational structure, multiple people familiar with the situation confirmed to C-Store Dive.
- The departures include Greg Franks, senior vice president of mobility and convenience for the Americas; and Derek Gaskins, head of guest experience for BP’s c-store network in the U.S. Both executives’ last day will be June 30.
- Franks’ and Gaskins’ upcoming exits indicate significant changes ahead for BP’s convenience retail business.
Dive Insight:
Franks confirmed his upcoming departure in a message to C-Store Dive, saying his exit is a “planned retirement that worked out nicely” with BP’s latest restructuring. He declined to comment on how the changes have impacted anyone else.
“My team has accomplished great things over the past five years, and it has been an honor to lead them,” Franks said in a message. “I have confidence in the strategic direction and the future of the business.”
Franks had become one of the faces of the oil giant’s retail business in recent years, having overseen the company’s thousands of branded c-stores and travel centers in the U.S. and Mexico since 2021. BP named Franks interim CEO of TravelCenters of America last year when the chain’s leader stepped down, and he had a hand in introducing the permanent replacement shortly after. He joined BP after about 11 years with 7-Eleven.
Meanwhile, as head of guest experience for BP since early 2025, Gaskins has led the merchandising, marketing, foodservice, own brands, store design and development teams for the retailer’s thousands of c-stores across the country.
A frequent participant in retail events and an outspoken industry advocate, Gaskins has advanced through various leadership roles since joining the industry in 2002 as director of marketing with GetGo Café + Markets. He’s also been Rutter’s chief customer officer, Yesway’s chief marketing officer and senior vice president of merchandising and marketing for the now-defunct Mid-Atlantic Convenience Stores.
Both Franks and Gaskins were on C-Store Dive’s list of names to watch as 7-Eleven searches for its next CEO in North America.
A BP spokesperson declined to comment on Franks’ and Gaskins’ departures. They emphasized that the company is “committed to our customers and team members” in its convenience retail business.
BP announced this week that it is reorganizing its business into two segments — upstream and downstream — and replacing its current three-segment structure, which includes the “customers and products” division. BP’s convenience retail and mobility business currently sits within that division and will move to the downstream arm under the new setup.
