What's Happening?
Moe Haris, the Chief Financial Officer of H&S Energy LLC, has announced his resignation after serving the company for 28 years. Haris shared the news on LinkedIn, stating that his last day will be January
31. During his tenure, Haris played a crucial role in the company's expansion from a two-site organization to a network of over 285 retail sites. His contributions included building the financial foundation and capital structure necessary for the company's growth, as well as managing significant acquisitions such as Tower Energy in 2015 and the Andretti Group in 2024. H&S Energy, based in Orange, California, is a major player in the convenience-store and fuel distribution industry, ranking 23rd on CSP's 2025 Top 202 list of U.S. convenience-store chains by store count. The company has expanded through both organic growth and strategic acquisitions, representing major fuel brands and operating as a franchisee of ExtraMile.
Why It's Important?
The resignation of Moe Haris marks a significant leadership change for H&S Energy, a company that has seen substantial growth under his financial stewardship. Haris's departure could impact the company's strategic direction and financial management, especially as it continues to integrate recent acquisitions and expand its market presence. The leadership transition may also influence investor confidence and operational stability. As H&S Energy navigates this change, stakeholders will be keenly observing how the company maintains its growth trajectory and manages its extensive network of retail sites and fuel distribution operations. The decision on Haris's successor will be critical in ensuring continuity and sustaining the company's competitive edge in the industry.
What's Next?
H&S Energy has not yet announced who will succeed Moe Haris as CFO, leaving a gap in its leadership team. The company will need to appoint a new CFO who can continue to drive its financial strategy and support its growth initiatives. This transition period may involve internal restructuring and adjustments to maintain operational efficiency. Additionally, the company might face scrutiny from investors and industry analysts regarding its future plans and how it intends to sustain its expansion without Haris's leadership. The new CFO will have the task of upholding the financial discipline and strategic vision that Haris established, while also potentially bringing new perspectives to the company's operations.
