Finance leader Sutula joins Casey’s (NASDAQ: CASY) board as Heiden retires
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Casey’s General Stores appointed Stanley J. Sutula III to its Board of Directors and to the Audit Committee, effective June 4, 2026. The Board size temporarily increases from eleven to twelve directors, and Sutula will stand for election at the 2026 annual shareholders’ meeting on September 2, 2026.
Director Cara Heiden will not stand for re-election and will retire from the Board at the end of her current term, so the Board will return to eleven members after the meeting. Sutula, currently Chief Financial Officer at Colgate-Palmolive, brings more than 35 years of corporate finance and strategic experience, and will receive standard non-employee director compensation prorated through the annual meeting.
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Temporary board size: 12 directors
Board size after meeting: 11 directors
Sutula experience: Over 35 years
+2 more
5 metrics
Temporary board size
12 directors
After Sutula’s appointment on June 4, 2026
Board size after meeting
11 directors
After Heiden’s retirement at the Sept. 2, 2026 annual meeting
Sutula experience
Over 35 years
Corporate finance, planning, tax, strategic planning, risk management
Store count
Over 2,900 stores
Casey’s convenience stores operated in the United States
Company history
More than 50 years
Time since Casey’s was founded
Key Terms
Audit Committee, Regulation S-K, proxy statement, Board of Directors, +1 more
5 terms
Audit Committee financial
"appointed Stanley J. Sutula III … and (iii) appointed Mr. Sutula to serve on the Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Regulation S-K regulatory
"no transactions between the Company and Mr. Sutula that would require disclosure under Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
proxy statement regulatory
"the most recent description of which is included in the Company's proxy statement (Schedule 14A)"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
Board of Directors financial
"announced the appointment of Stanley J. Sutula III to its Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Fortune 500 financial
"Casey’s is a Fortune 500 company (Nasdaq: CASY) operating over 2,900 convenience stores"
The Fortune 500 is a list of the 500 biggest companies in the United States, ranked by their total sales or revenue each year. It’s like a ranking of the top players in the business world, showing which companies are the most successful and influential. Being on the list indicates a company’s importance in the economy.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 4, 2026
(Exact name of registrant as specified in its charter)
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Exchange Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
| Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
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On June 4, 2026, the Board of Directors (the “Board”) of Casey’s General Stores, Inc. (the “Company”) (i) expanded the size of the Board from eleven to
twelve directors, and (ii) appointed Stanley J. Sutula III to fill the vacancy created by the expansion, and (iii) appointed Mr. Sutula to serve on the Audit Committee, each effective as of June 4, 2026. Mr. Sutula will also stand for election
at the Company’s 2026 annual shareholders’ meeting, currently scheduled for September 2, 2026 (the “Annual Meeting”).
As a non-employee director, Mr. Sutula will be entitled to receive the same compensation payable to other non-employee directors of the Company,
prorated through the date of the Annual Meeting, the most recent description of which is included in the Company's proxy statement (Schedule 14A) for the annual meeting of shareholders that was held on August 29, 2025.
Mr. Sutula was not selected as a director pursuant to any arrangements or understandings with the Company or with any other person, and there are no
transactions between the Company and Mr. Sutula that would require disclosure under Item 404(a) of Regulation S-K.
Additionally, on June 4, 2026, director Cara Heiden notified the Company that she will not stand for re-election and will retire from the Board at the expiration of her
current term, which runs through the Annual Meeting. As a result, at the conclusion of the Annual Meeting the size of the Board will be reduced from twelve to eleven members. Ms. Heiden has advised the Company that her decision not to stand for
re-election and to retire is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.
| Item 7.01. |
Regulation FD Disclosure
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On June 8, 2026, the Company issued a press release announcing Mr. Sutula’s appointment to the Board, and Ms. Heiden’s retirement as of the Annual Meeting. A copy of the
press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
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Financial Statements and Exhibits
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Exhibits.
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Exhibit No.
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Description
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99.1
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Press Release issued by Casey’s General Stores, Inc. dated June 8, 2026
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
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CASEY'S GENERAL STORES, INC.
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Dated: June 8, 2026
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By:
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/s/ Stephen P. Bramlage Jr.
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Stephen P. Bramlage Jr.
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Chief Financial Officer
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Exhibit 99.1
Casey’s Announces Addition of Finance Leader Stanley J. Sutula III to its Board of Directors
ANKENY, Iowa, June 8, 2026 – (Business Wire) – Casey’s General Stores, Inc. (Nasdaq: CASY), the third largest convenience retailer and fifth largest pizza chain in the United States, today announced the appointment of Stanley J. Sutula III to
its Board of Directors (the “Board”).
Mr. Sutula brings to the Board over 35 years of experience in corporate finance, financial planning and operations, tax, strategic planning and risk management. Since
2020, he has served as Chief Financial Officer at Colgate-Palmolive Company (NYSE: CL), where he oversees its global finance, global IT and mergers and acquisitions teams. He was previously at Pitney Bowes Inc. (NYSE: PBI), where he served as
Executive VP and Chief Financial Officer, and spent 28 years at IBM Corporation (NYSE: IBM) in various financial management roles, including as its Vice President and Controller.
“We are excited to welcome Stan to the Board as he adds deep financial and strategic expertise to our already expansive board capabilities. His leadership in these areas
will benefit Casey’s, the Board and its shareholders immensely,” said Darren Rebelez, Casey’s Board Chair, President and CEO.
Mr. Sutula graduated from Northeastern University with a degree in Finance & Management and holds an MBA in Finance from Fordham University’s Gabelli School of
Business.
Mr. Sutula’s addition to the Board will temporarily bring the number of directors from eleven to twelve, as director Cara Heiden has decided to retire from the Board
effective September 2, 2026. “On behalf of the Board and the entire Casey’s team, I want to extend a sincere thank you to Cara for nearly a decade of distinguished service and leadership on the Board and its Audit Committee. She helped build
Casey’s into the great organization it is today and we wish her nothing but the best in her retirement from the Board in September,” said Rebelez.
About Casey’s
Casey’s is a Fortune 500
company (Nasdaq: CASY) operating over 2,900 convenience stores. Founded more than 50 years ago, the
company has grown to become the third-largest convenience store retailer and the fifth-largest pizza chain in the United States. Casey’s provides freshly prepared foods, quality
fuel and friendly service at its locations. Guests can enjoy pizza, donuts, other assorted bakery items, and
a wide selection of beverages and snacks. Learn more and order online at www.caseys.com, or in the
mobile app.
Investor Relations Contact:
Brian Johnson (515) 446-6587
Brian Johnson (515) 446-6587
Brian.johnson@caseys.com
Media Relations Contact:
Katie Petru (515) 446-6772
Katie Petru (515) 446-6772
Katie.petru@caseys.com
FAQ
What board changes did Casey’s (CASY) announce on June 4, 2026?
Casey’s expanded its Board to twelve members and appointed Stanley J. Sutula III as a director and Audit Committee member. The expansion is temporary, as another director will retire at the 2026 annual shareholders’ meeting, returning the Board to eleven members.
Who is Stanley J. Sutula III, the new Casey’s (CASY) board member?
Stanley J. Sutula III is a veteran finance executive with over 35 years of experience. He serves as Chief Financial Officer at Colgate-Palmolive and previously held senior finance roles at Pitney Bowes and IBM, bringing deep corporate finance, planning, and risk management expertise to Casey’s Board.
When will director Cara Heiden retire from the Casey’s (CASY) Board?
Cara Heiden will retire from the Casey’s Board at the conclusion of the 2026 annual shareholders’ meeting on September 2, 2026. She chose not to stand for re-election and stated her decision is not due to any disagreement with the company’s operations, policies, or practices.
How will Casey’s (CASY) Board size change following these director moves?
The Board increases from eleven to twelve members with Sutula’s appointment, then returns to eleven after Heiden’s retirement. Sutula’s addition is effective June 4, 2026, while Heiden’s term runs through the annual shareholders’ meeting on September 2, 2026.
What compensation will new director Stanley Sutula receive at Casey’s (CASY)?
As a non-employee director, Sutula will receive the same compensation as other Casey’s non-employee directors. This pay will be prorated through the date of the 2026 annual shareholders’ meeting, consistent with the company’s existing director compensation program described in its latest proxy statement.