Dive Brief:
- Parker’s Kitchen has promoted CFO John Rudolfs to co-CEO alongside incumbent Brandon Hofmann, effective immediately, the convenience retailer announced on Friday.
- Rudolfs joined Parker’s in 2021 as chief development officer and was promoted to president and CFO earlier this year. Parker’s is making him co-CEO “to leverage the strengths of the company’s top leadership,” according to the announcement.
- Rudolfs and Hofmann will be tasked with leading Parker’s, which currently has 103 locations across Georgia and South Carolina and plans to expand to Florida, towards its goal of surpassing 150 stores in the next two years.
Dive Insight:
Parker’s has made a few high-impact changes within its leadership ranks since the start of the year. In January, the company revealed that Hofmann, who had been president since 2021, would replace founder and then-CEO Greg Parker at some point in 2025. That shift commenced in March, with Hofmann officially becoming the second CEO in Parker’s history. At the same time, Rudolfs replaced Hofmann as president and was also named CFO.
In Friday’s announcement, Greg Parker — who became executive chairman in March — said promoting Rudolfs to co-CEO aims to help Parker’s “work even more collaboratively.”
Prior to joining Parker’s, Rudolfs was chief development officer for MAPCO and EVP at Murphy USA.
“Together, Brandon and John will be focused on ensuring excellence in everything we do, from award-winning foodservice to outstanding customer service,” Parker said. “I look forward to seeing the impressive results that will come from this extraordinary leadership model.”
John Rhine will replace Rudolfs as CFO, according to the announcement. Rhine joined Parker’s in 2020 as a financial planning analyst and helped secure the $1 billion loan the retailer has used to finance its current growth plans. Before joining Parkland, Rhine was a financial analyst for aviation company Gulfstream Aerospace and accounting firm Hancock Askew & Co., according to his LinkedIn bio.
