Seven & i Holdings, the parent company of 7-Eleven, announced that CEO Ryuichi Isaka will be replaced by lead independent outside director Stephen Dacus, marking the first time a foreigner will serve as the top executive. Dacus will assume the role on May 27, while Isaka will continue as a senior adviser. The company also revealed plans for a $13.2 billion share buyback, the listing of its North American subsidiary, 7-Eleven Inc., in 2026, and a majority stake in the subsidiary.
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Tsunami advisory cancelled for B.C. coast after massive earthquake near Russia
A tsunami advisory for British Columbia's coast was cancelled early Wednesday following an 8.8 magnitude earthquake in Russia's Kamchatka peninsula, which prompted earlier warnings for several coastal regions. Observations indicated minor tsunami waves, with maximum heights of 27 cm noted at Winter Harbour and 21 cm at Tofino, while residents were advised to stay away from coastal areas due to strong currents. Want More Context? 🔎
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