Galagher Jeff has resigned as executive vice president and CFO of Murphy USA after 20 months in the role, the El Dorado-based fuel and convenience store chain reported in an SEC filing.
His departure, which took effect Oct. 14, was “not the result of any disagreement with the Company regarding any matters related to its operations or otherwise related to the Company’s financial performance or condition,” Murphy USA said in the filing.
Jeff joined Murphy USA from Dollar Tree, where he was senior vice president of financial planning and analysis, treasurer and chief transformation officer.
Murphy USA named Donald Smith Jr., the company’s chief accounting officer and treasurer, as interim CFO.
Smith, 53, has worked for the company since it spun off of Murphy Oil Corp. in 2013. Prior to that, he spent 14 years with accounting firm KPMG.
Murphy USA reported rising second-quarter income of $145.65 million on slightly lower revenue of $5 billion. The company has been expanding, with the goal of adding 50 new locations in 2025.
Shares of the company dipped less than 1% Tuesday after opening at $376.05. Over the past 12 months, shares were down nearly 23%
Murphy USA is scheduled to report third-quarter results on Oct. 29.
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