Arko Corp. appoints Jordan Mann as interim CFO effective October 10

Arko Corp. (NASDAQ:ARKO), a company with an annual revenue of $8.13 billion, announced the appointment of Jordan Mann as interim Chief Financial Officer, effective Friday. The announcement comes as the company’s stock has declined over 10% in the past week, though InvestingPro analysis suggests the stock may be undervalued at current levels. Mann will also serve as interim principal financial and accounting officer, succeeding Robert Giammatteo, whose departure was previously reported by the company. Mann will hold the interim CFO position until a successor is qualified and appointed.

Mann, 45, will continue in his current role as Senior Vice President of Corporate Strategy, Capital Markets and Investor Relations, which he has held since May 2023. Before joining Arko, Mann served as executive director in investment banking at Morgan Stanley from September 2021 to March 2023, and as director in investment banking at Credit Suisse from August 2015 to September 2021. He holds a B.S. in Economics from Duke University and a J.D. from Harvard Law School. According to InvestingPro data, Mann joins a company with strong liquidity, maintaining a healthy current ratio of 1.55. InvestingPro subscribers can access 8 additional key insights about ARKO’s financial health and market position.

According to a company statement based on a SEC filing, Mann’s compensation as interim CFO includes an annual base salary of $350,000. Beginning in 2026, he will be eligible for approximately $250,000 in restricted stock units, which vest in one-third increments over three years, and approximately $250,000 in target value of performance-based stock units, vesting after three years based on performance criteria. These awards are subject to the terms and conditions of the company’s applicable plans and agreements. Mann is also eligible to participate in employee plans and programs available to similarly situated employees.

The company stated there are no arrangements or understandings between Mann and any other persons regarding his appointment, no family relationships between Mann and other executive officers or directors, and no transactions requiring disclosure under applicable SEC regulations.

Arko Corp . is listed on the Nasdaq Stock Market under the ticker ARKO. The information in this article is based on a press release statement and details from a SEC filing.

In other recent news, ARKO Corp reported its second-quarter 2025 earnings, revealing a mixed financial performance. The company achieved an earnings per share (EPS) of $0.16, which exceeded analyst expectations of $0.12 by 33.33%. However, ARKO’s revenue fell short of projections, reaching $1.99 billion compared to the anticipated $2.04 billion, marking a revenue miss of -2.45%. Additionally, ARKO announced a significant leadership change, with Chief Financial Officer Robb Giammatteo set to depart on October 10, 2025. Giammatteo is leaving to pursue an opportunity outside the convenience store industry, and he has committed to ensuring a smooth transition of his duties. Jordan Mann, currently the Senior Vice President of Corporate Strategy, Capital Markets, and Investor Relations, will take over as Interim CFO. Mann will assume his new role while maintaining his existing responsibilities. These developments reflect ongoing changes within the company’s leadership and financial performance.

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