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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.

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Awards
EG named 2016 NACS Insight European Convenience Leader

Zuber Issa and Mohsin Issa, co-CEOs of Euro Garages, have jointly been named the 2016 NACS Insight European Convenience Industry Leader of the Year. The award, sponsored by PepsiCo Inc., will be presented during the NACS Insight Convenience Summit — Europe in London on June 9.

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