The board of directors of Ankeny, Iowa-based Casey’s General Stores Inc. has appointed Darren Rebelez as Casey’s president and CEO, effective June 24. Rebelez also will join Casey’s Board of Directors.
Rebelez will succeed current President and CEO Terry Handley, who will retire from the company and board, after a 38-year career with Casey’s.
Rebelez joins Casey’s with more than 25 years of business leadership experience focused on operations, marketing and merchandising for large corporations in each of the convenience store, fuel and restaurant industries. He is currently serving as president of IHOP Restaurants, a unit of Dine Brands Global, where he has overseen operational performance and segment earnings growth, developed and implemented digital strategies to connect guests via mobile platforms and online channels and grown the brand to become the largest full-service restaurant concept in the U.S. by unit count.
“We are thrilled to welcome Darren to the Casey’s family,” said H. Lynn Horak, chairman of the board. “Darren brings a remarkable combination of leadership experience in the convenience store, fuel and restaurant industries, and he has an impressive track record of driving performance and innovation. We have enjoyed getting to know Darren through our succession planning process and are confident that he will build on Casey’s strong heritage of customer service, employee development, giving back to our communities and our focus on creating sustainable growth and profitability.”
“I am honored to join the Casey’s team at an exciting and dynamic time for both the company and the industry,” Rebelez said. “I have long admired Casey’s and look forward to working closely with its talented team to continue providing outstanding service to local communities across our markets and creating value for all of Casey’s stakeholders.”
Horak expressed his thanks to Handley for his dedication and contributions to the company.
“The company has benefitted greatly from Terry’s contributions over the years,” he said. “We wish Terry many years of enjoyment and fulfillment in his retirement.”
“I would like to sincerely thank everyone at Casey’s for their support and partnership throughout my career,” said Handley. “I have great pride in our many accomplishments and the hard work and dedication of all Casey’s employees. It has been a privilege to lead and be part of such a talented team, and I look forward to seeing Casey’s continue to build on its momentum in fiscal 2020 and beyond.”
As previously planned, Casey’s will announce its fourth quarter and fiscal 2019 earnings results on Monday, June 10, and will host its earnings conference call on Tuesday, June 11, before market open. Additionally, on June 6 the company reaffirmed its previously issued guidance for fiscal 2019.
Casey’s General Stores is a Fortune 500 company operating 2,100 convenience stores in 16 states throughout the Midwest. Casey’s is currently the fourth-largest convenience store chain and the fifth-largest pizza chain in the United States.