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Seven & i Holdings Names First Foreign CEO Amid IPO Plans

3/6/2025

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Story summary
  • Seven & i Holdings appointed Stephen Dacus as its first foreign CEO amid a takeover bid from Alimentation Couche-Tard.
  • The company aims for an IPO of its U.S. convenience store business by late 2026.
  • A ¥2 trillion ($13.2 billion) share buyback is also planned.
  • Dacus will officially assume his role in May 2025, succeeding Ryuichi Isaka, who will serve as a senior advisor.