US: The Pantry appoints Preslar as CFO

By Katy Askew | 10 January 2013

The Pantry names CFO

The Pantry has named B Clyde Preslar as SVP and chief financial officer.

Preslar joints The Pantry from RetailAmerica, where he served as finance chief since 2008. Previously he held financial positions with Cott Corp and Lance.

He will take up his new role at the US convenience operator next month (7 February).

Show the press release

B. Clyde Preslar Joins The Pantry as Chief Financial Officer

CARY, N.C.--(BUSINESS WIRE)--Jan. 10, 2013-- The Pantry, Inc. (Nasdaq: PTRY), the leading independently operated convenience store chain in the southeastern United States, today announced thatB. Clyde Preslar is joining the executive leadership team as Senior Vice President and Chief Financial Officer.
Mr. Preslar joins The Pantry from RailAmerica, Inc., where he served since 2008 as Senior Vice President and Chief Financial Officer for the short line and regional freight railroad operator.
"Clyde is a proven leader ideally suited for The Pantry with more than 15 years of financial leadership experience as a Chief Financial Officer," said The Pantry's President and Chief Executive Officer Dennis Hatchell. "Clyde has an extensive breadth of financial experience, including financial leadership in the consumer goods arena, and an exceptional track record of financial management, planning and corporate development. We look forward to having Clyde join the executive leadership team."
Prior to RailAmerica, Inc., Mr. Preslar served as Executive Vice President and Chief Financial Officer at Cott Corporation, a manufacturer of non-alcoholic beverage products, and as Vice President and Chief Financial Officer and Secretary at snack food manufacturer Lance, Inc. Earlier in his career, he was Director of Financial Services for worldwide power tools at Black & Decker, and served as Director of Investor Relations at RJR Nabisco.
Mr. Preslar holds a bachelor's degree in business administration and economics from Elon College and a master's degree in business administration from Wake Forest University. He serves on the Board of Directors of Alliance One International, Inc. and is a past Director of Forward Air Corporation.
Mr. Preslar will join The Pantry on Feb. 7, 2013.

Original source: The Pantry

Sectors: Retail