Dive Brief:
- Murphy USA has appointed Mindy West, current chief operating officer, as its next president and CEO, effective Jan. 1, 2026, the convenience retailer announced Wednesday evening.
- West will add president to her resume immediately while her transition to CEO will occur next year. She will also become a member of Murphy’s board of directors in January, according to the announcement. She’ll succeed Andrew Clyde, Murphy’s CEO since 2013, who is retiring at the end of the year.
- Murphy’s transition to new leadership comes after a volatile period for the 1,700-store convenience retailer, which experienced revenue declines in 2024 and corporate layoffs this year as it invests heavily in new store development.
Dive Insight:
Murphy’s annual revenue has fallen for two years in a row, and Clyde notably called 2024 a disappointing year as 2025 rolled in. Challenges have persisted this year, as Murphy laid off about 100 corporate team members last month as “part of a broader effort to strengthen operational effectiveness and position the company for long-term success,” a spokesperson said at the time. Earlier this month, the company’s chief financial officer resigned.
West, who has been with Murphy since 1996, will look to improve fortunes at one of the largest c-store chains in the U.S. as it continues to expand its network across the country.
During her time with Murphy, West has held several roles across finance, human resources and planning. She became executive vice president, CFO and treasurer in 2017, and early last year became the first person to take on the role of COO for Murphy.
“Mindy’s proven leadership and deep expertise in our business and industry make her uniquely qualified to guide Murphy USA into its next chapter,” Murphy USA Board Chairman Madison Murphy said in the announcement. “We are confident in her ability to build on our strong foundation and drive continued success for our company and our shareholders.”
Clyde will remain with Murphy as a non-executive advisor through February 2027 to assist with West’s transition, according to the announcement.
“Mindy has played a pivotal role in shaping our strategy and delivering results, and I am proud to support her as she leads the company forward,” Clyde said in the announcement. “I am certain that under her leadership, Murphy USA will continue its tradition of growth, disciplined capital allocation, and significant value creation for all stakeholders.”
