TOKYO -- Seven & i Holdings will appoint Stephen Hayes Dacus, who is the lead independent director of the retail group, as company president, marking the latest move amid a takeover bid from Canada's Alimentation Couche-Tard. Incumbent President Ryuichi Isaka will step down.
Retail
Seven & i's President Isaka to step down, director Dacus to succeed
Under first non-Japanese leader, 7-Eleven owner aims to fend off takeover bid
A 7-Eleven convenience store in New York: Seven & i's financial performance has been sluggish despite its high profile in the market. (Photo by Yuki Nakao)
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