Couche-Tard appoint new CFO

Canadian giant Alimentation Couche-Tard has appointed Cluade Tessier as its new Chief Financial Officer (CFO).

Claude Tessier will start in his new position from January 28, 2016. He joins the Couche-Tard from Canadian grocer Sobeys Inc., where he was President of the IGA Operations Business Unit.

"In addition to overseeing the financial, reporting and investor relations functions in Couche-Tard, I look forward to joining President and Chief Executive Officer Brian Hannasch in evaluating opportunities for further expansion under the new, global Circle K brand," said Tessier.

Tessier joins the company at a moment of continuous expansion and under the new unification of most of the Couche-Tard assets under the Cicle K brand.

“Claude is the ideal candidate to help Couche-Tard continue its strong growth and to continue adding shareholder value with us,” commented Brian Hannasch, Couche-Tard's President and Chief Executive Officer.

Claude Tessier joins Couche-Tard from Sobeys, where he has been President of the IGA Operations Business Unit since 2012. He joined IGA in 2003 as Vice President, Finance & Strategic Planning for Sobeys Québec.

As of October 11, 2015, Couche-Tard's network comprised 8,006 convenience stores throughout North America, including 6,579 stores offering road transportation fuel.