The Pantry

The Pantry

The Pantry, Inc. (NASDAQ: PTRY) is a publicly traded convenience store chain based in Cary, North Carolina that operates Kangaroo Express stores. The Pantry was founded in 1967 by Sam Wornom and Truby Proctor, Jr. The company has been publicly traded since June 1999 and owned by investors since 1987, when then investor Montrose Capital purchased controlling shares from Wornom and Proctor. Recent CEOs have included the interim CEO Edwin J. Holman, currently the Chairman, who took over after Terrance M. Marks, the former President and CEO, resigned in December 2011. (Marks had replaced the longtime former CEO Peter Sodini who had held office since 1996 until retiring in September 2009.) Dennis Hatchell is the current CEO of the company as of 2013.

As of November 2011, it is the largest convenience store chain in the southeastern United States, with a presence in the Midwest and 1,655 stores in thirteen states, including Alabama, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Virginia.