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TSX:3382 22 December 2025

7-Eleven CEO Joe DePinto to Retire; Stan Reynolds and Doug Rosencrans Named Interim Co-CEOs as Seven & i Pushes U.S. Turnaround and 2026 IPO Plan

7-Eleven CEO Joe DePinto to Retire; Stan Reynolds and Doug Rosencrans Named Interim Co-CEOs as Seven & i Pushes U.S. Turnaround and 2026 IPO Plan

Joe DePinto will retire as CEO of 7‑Eleven, Inc. at the end of 2025 after more than 20 years in the role, parent company Seven & i Holdings said. Stan Reynolds and Doug Rosencrans will serve as interim co‑CEOs while the board searches for a permanent successor. The leadership change comes as Seven & i prepares for a planned U.S. IPO in 2026.
22 December 2025

Stock Market Today

  • Natural Gas Prices Rally Amid Iran Strikes and Global Supply Concerns
    March 20, 2026, 1:14 AM EDT. Natural gas prices rose sharply on Thursday, with April Nymex futures closing up 3.3%. The surge followed a spike in European prices to a three-year high after Iran's attacks damaged 17% of Qatar's Ras Laffan LNG export capacity - the world's largest gas export plant. Repair work could take three to five years, tightening global supply. Despite the rally, U.S. natural gas inventories increased by 35 billion cubic feet last week, well above the five-year average decline, tempering gains. Weather forecasts showed mixed signals, with warmer trends in the western and southern U.S. but colder patterns in the east. Meanwhile, U.S. dry gas production rose 5.2% year-on-year, with electricity output also up 4.1% year-on-year, underlining demand growth. The closure of the Strait of Hormuz adds further strain on global gas supply, supporting prices.
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