AsianFin – Seven & i Holdings, the Japanese parent company of 7-Eleven, announced in a statement that two of its external directors, Jennifer Rogers and Elizabeth Meyerdirk, resigned on Tuesday. This follows the resignation of another board member, Joseph DePinto, on Monday.
While DePinto stepped down from the board, he will continue to serve as the CEO of the company's North American operations.
The resignations come amid ongoing tensions within the company as it resists a $47 billion acquisition offer from Canadian convenience store giant Alimentation Couche-Tard. The proposed takeover has sparked internal debates over the future direction of Seven & i Holdings, which operates one of the world's largest convenience store chains.
The departure of key external directors highlights the challenges the company faces as it navigates strategic decisions and shareholder pressures. Seven & i Holdings has yet to comment on how these resignations will impact its stance on the acquisition proposal or its broader corporate governance strategy.
As the situation unfolds, stakeholders are closely watching how Seven & i Holdings will balance its resistance to the takeover bid with the need to maintain stability and leadership within its board and operations.
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