logo
}

EG GROUP ANNOUNCES EXECUTIVE LEADERSHIP TRANSITION

25 April, 2025: EG Group, a leading international operator of convenience retail, foodservice and fuel stations, today announces its executive leadership transition plan.

The key elements are:

  • Co-founder Mohsin Issa will step down as CEO. He will retain a substantial minority shareholding and remain on the Board as a Non-Executive Director of the business.
  • Russell Colaco, currently Group CFO, has been appointed CEO.
  • The search for a new CFO is well-advanced.

Russell Colaco joined EG Group as CFO in June 2024 bringing extensive US and international experience, both in the wider consumer retail sector and investment banking. Reflecting the growing importance of non-UK markets for the Group, Russell will be primarily based in the United States, EG Group’s single largest market.

  • Clear All

Awards
Queen's Birthday Honours List 2020

Zuber & Mohsin Issa, Founders and co-CEO’s of EG Group were honoured today in the Queen’s Birthday Honours List 2020. Both brothers have been awarded a CBE for their contribution to business and philanthropy.

Read more
Mergers & Acquisitions
EG Group to Acquire Oliver's Real Food in Australia

Blackburn-based, international petrol forecourt and convenience retail operator EG Group announces it has entered into a binding agreement to acquire ASX listed Oliver’s Real Food Limited (ASX: OLI) (“Oliver’s”) via a scheme of arrangement. If the scheme is implemented, Oliver’s shareholders will receive A$0.10 cash per Oliver share, valuing Oliver’s diluted equity at approximately A$27m.

Read more