Seven & i CEO Reportedly Set to Step Down Amid Takeover Talks

Stephen Dacus, an external director, is expected to replace Ryuichi Isaka as Seven & i evaluates a $47 billion takeover bid from Alimentation Couche-Tard.

• Reports indicate Seven & i Holdings' CEO Ryuichi Isaka is stepping down, with Stephen Dacus likely to succeed him as the company's first foreign CEO.
• Dacus currently leads a special committee reviewing Alimentation Couche-Tard's $47 billion takeover bid, which would be the largest foreign acquisition of a Japanese firm.
• The company's founding Ito family's alternative management buyout plan collapsed last week, leaving Seven & i to explore strategic options.
• Seven & i's board is expected to make a final decision on the leadership change at a meeting later this week, according to sources.
• Shares of Seven & i rose following the reports, reflecting investor anticipation of potential developments in the takeover discussions.

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