A Carroll native and graduate of Iowa State University will become the next president of Alimentation Couche-Tard Inc., a company that four years ago attempted a hostile takeover of Casey's General Stores.
Chief Operating Officer Brian Hannasch will be promoted to the position following the announcement that current CEO and founder Alain Bouchard will take on a new role as executive chairman of the board of directors. Both moves will be effective on Sept. 24.
Hannasch joined Couche-Tard in 2001 as part of the Canadian company's acquisition of Midwest U.S. convenience chain Bigfoot, Couche-Tard's first step into U.S. territory. He moved from vice president of operations for the company's Midwest division to vice president of integration and then senior vice president for North America, before being promoted to chief operating officer in 2010. He is a graduate of Iowa State University and the University of Chicago.
Couche-Tard is a leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. As of Feb. 2, Couche-Tard's network comprises 6,221 convenience stores throughout North America.
In September 2010, Couche-Tard dropped its $2 billion hostile takeover bid for Casey's General Stores Inc., five months after the company made its initial offer for the Ankeny-based convenience store chain in an attempt to expand its presence in the U.S.