Joe Venezia Joins The Pantry As Senior Vice President Of Operations

The Pantry, Inc. (Nasdaq: PTRY), the leading independently operated convenience store chain in the southeastern United States, today announced that Joe Venezia is joining the executive leadership team as senior vice president of operations.

Venezia joins The Pantry from TitleMax. In his new role at The Pantry, he will lead the company’s store operations and be focused on driving sales, improving store productivity, and leading a great store operations team.

Prior to TitleMax, Venezia worked at Walmart where he served in several regional general manager positions before being appointed to division president for the northeast division. In the northeast division, he was responsible for 420 stores and over 100,000 employees. He also worked as president and general manager for Wells Fargo Merchant Services and as a brand manager for Proctor & Gamble.

“Joe is a proven leader with an impressive blend of operating and brand management experience,” said The Pantry’s Chief Executive Officer Dennis Hatchell. “He is ideally suited to lead operations at The Pantry with a successful track record of growing retail and consumer goods sales.”

Venezia earned a bachelor’s degree in civil engineering from the United States Military Academy in West Point, N.Y. He has also served as a captain and company commander in the U.S. Army and received a Bronze Star Medal for his bravery during Operation Desert Storm.

About The Pantry

Headquartered in Cary, North Carolina, The Pantry, Inc. is the leading independently operated convenience store chain in the southeastern United States and one of the largest independently operated convenience store chains in the country. As of August 6, 2012, the Company operated 1,589 stores in thirteen states under select banners, including Kangaroo Express®, its primary operating banner. The Pantry's stores offer a broad selection of merchandise, as well as fuel and other ancillary services designed to appeal to the convenience needs of its customers.

For more information, visit www.thepantry.com and www.kangarooexpress.com

Copyright Business Wire 2010

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