1. ARKO appoints Jordan Mann as Interim CFO effective October 10, 2025. 2. Mann has extensive finance experience from Morgan Stanley and Credit Suisse. 3. ARKO's leadership emphasizes continuity and growth during this transition. 4. Mann will also maintain his role in corporate strategy and investor relations.
The appointment of a capable interim CFO can stabilize operations and assure investors, which historically has led to positive stock performance during leadership transitions.
Leadership changes in a public company can significantly affect stock performance due to perceived stability and investor confidence.
The immediate investor sentiment is likely to be positive given the leadership change; however, longer-term effects depend on operational performance.
RICHMOND, Va., Oct. 09, 2025 (GLOBE NEWSWIRE) -- ARKO Corp. (NASDAQ:ARKO) ("ARKO" or the "Company"), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced that Jordan Mann, the Company's Senior Vice President of Corporate Strategy, Capital Markets and Investor Relations, has been appointed Interim Chief Financial Officer, effective October 10, 2025. Mr. Mann succeeds Robb Giammatteo, whose departure was previously announced.
Mr. Mann brings more than a decade of experience in finance and capital markets to the role. Before joining ARKO in 2023, he held senior positions in investment banking at Morgan Stanley, where he served as an Executive Director, and at Credit Suisse, where he was a Director.
"Jordan has been an integral part of ARKO's leadership team and a driving force behind our strategic and financial priorities," said Arie Kotler, ARKO's Chairman, President, and Chief Executive Officer. "His deep familiarity with our business and leadership approach position him well to support a smooth transition and continued execution of our long-term strategy."
"I'm honored to take on this role and to continue working closely with Arie and the leadership team during this important period for ARKO," said Mr. Mann. "We have a clear strategic vision and a strong foundation for growth, and I look forward to helping drive continued progress as we build long-term value for shareholders."
Mr. Mann will serve as Interim Chief Financial Officer in addition to his role as the Company's Senior Vice President of Corporate Strategy, Capital Markets and Investor Relations. In his time with ARKO, he has played a key role in advancing the Company's strategic initiatives, strengthening investor engagement, and supporting capital markets activities.
Mr. Mann holds a Bachelor of Science in Economics from Duke University and a Juris Doctor from Harvard Law School.
About ARKO Corp.
ARKO Corp. (NASDAQ:ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, our highly recognizable Family of Community Brands offers delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites; and GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.
Forward-Looking Statements
This document includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company's expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by use of words such as "accretive," "anticipate," "aim," "believe," "continue," "could," "estimate," "expect," "guidance," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "will," "would" and the negative of these terms, and similar references to future periods. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things, changes in economic, business and market conditions; the Company's ability to maintain the listing of its common stock and warrants on the Nasdaq Stock Market; changes in its strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; expansion plans and opportunities; changes in the markets in which it competes; changes in applicable laws or regulations, including those relating to environmental matters; market conditions and global and economic factors beyond its control; the success of the Company's transformation plan, including the dealerization of retail stores; and the outcome of any known or unknown litigation and regulatory proceedings. Detailed information about these factors and additional important factors can be found in the documents that the Company files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. The Company does not undertake an obligation to update forward-looking information, except to the extent required by applicable law.
Company Contact
Jordan Mann
ARKO Corp.
investors@gpminvestments.com
Investor Contact
Sean Mansouri, CFA
Elevate IR
(720) 330-2829
ARKO@elevate-ir.com
