Casey’s Announces Public Accounting and Governance Leader Maria Castañón Moats to Join its Board of Directors on July 1, 2024

Rhea-AI Summary

Casey’s General Stores (NASDAQ: CASY) announced the appointment of Maria Castañón Moats to its Board of Directors effective July 1, 2024. Moats will retire from PricewaterhouseCoopers (PwC) on June 30, 2024, before joining Casey’s. Her addition will expand the Board to eleven members. Moats brings over 30 years of public accounting experience and has held notable leadership roles at PwC, including Vice-Chair and Chief Diversity Officer. Casey’s is a Fortune 500 company, operating over 2,600 stores and known for its convenience retail and pizza chain operations.

Positive

• Maria Castañón Moats brings over 30 years of public accounting and governance experience to Casey's Board.
• Her leadership roles at PwC include Vice-Chair and Chief Diversity Officer, enhancing Casey's governance capabilities.
• The addition of Moats will expand the Board from ten to eleven members, potentially enriching board discussions and decisions.
• Casey's is a Fortune 500 company, indicating its strong market position and operational scale with over 2,600 stores.

Negative

• The appointment of a new board member may involve transition challenges and require time for integration.
• The announcement does not mention any immediate financial benefits or strategic shifts resulting from this appointment.

ANKENY, Iowa--(BUSINESS WIRE)-- Casey’s General Stores, Inc. (Nasdaq: CASY), the third largest convenience retailer and fifth largest pizza chain in the United States, today announced the appointment of Maria Castañón Moats to its Board of Directors (the “Board”), effective as of July 1, 2024, following her retirement from PricewaterhouseCoopers, LLP (PwC) on June 30, 2024. Her addition to the Board will bring the number of directors from ten to eleven. Ms. Castañón Moats has over 30 years of public accounting experience along with significant leadership roles at PwC in the areas of assurance services and corporate governance.

“We are excited to welcome Maria to the Board in July as she will add deep financial, accounting and governance acumen to our current board capabilities. Her leadership experience in these areas will benefit Casey’s, the Board and its shareholders immensely,” said Darren Rebelez, Casey’s Board Chair, President and CEO.

Ms. Castañón Moats is currently a partner and the leader of PwC’s Governance Insights Center. She held previous leadership roles at PwC as its Vice-Chair, Mexico & US Assurance Leader from 2016 to 2019, where she oversaw PwC’s national assurance practice, and as its Chief Diversity Officer from 2011 to 2016. Throughout her career, Ms. Castañón Moats has regularly provided accounting, financial reporting, investigations and M&A services to both private and public clients across the retail, consumer and industrial products industries.

Ms. Castañón Moats is a Certified Public Accountant (licensed in Texas and New York), is fluent in Spanish and is a graduate of The University of Texas at El Paso with a BBA in Accounting.

About Casey’s

Casey’s is a Fortune 500 company (Nasdaq: CASY) operating over 2,600 convenience stores. Founded more than 50 years ago, the company has grown to become the third-largest convenience store retailer and the fifth-largest pizza chain in the United States. Casey’s provides freshly prepared foods, quality fuel and friendly service at its locations. Guests can enjoy pizza, donuts, other assorted bakery items, and a wide selection of beverages and snacks. Learn more and order online at www.caseys.com, or in the mobile app.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240611623846/en/

Investor Relations Contact:

Brian Johnson (515) 446-6587

Brian.johnson@caseys.com

Media Relations Contact:

Katie Petru (515) 446-6772

Katie.petru@caseys.com

Source: Casey’s General Stores

FAQ

When will Maria Castañón Moats join Casey's Board of Directors?

Maria Castañón Moats will join Casey's Board of Directors on July 1, 2024.

What is Maria Castañón Moats' background?

Maria Castañón Moats has over 30 years of public accounting experience and has held leadership roles at PwC, including Vice-Chair and Chief Diversity Officer.

How many members will Casey's Board of Directors have after July 1, 2024?

Casey's Board of Directors will have eleven members after July 1, 2024.

What is Casey's stock symbol on Nasdaq?

Casey's stock symbol on Nasdaq is CASY.

What industries has Maria Castañón Moats provided services to?

Maria Castañón Moats has provided services to retail, consumer, and industrial products industries.