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CrossAmerica Partners Announces New CEO and CFO Leadership

Story Highlights
  • On March 2, 2026 CrossAmerica promoted CFO Maura Topper to President and CEO, succeeding Charles Nifong, who moved to affiliate Dunne Manning.
  • The board elevated Jonathan Benfield to Interim CFO with higher compensation, reinforcing leadership continuity as CrossAmerica advances its retail-focused strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CrossAmerica Partners Announces New CEO and CFO Leadership

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Crossamerica Partners ( (CAPL) ) just unveiled an update.

On March 2, 2026, CrossAmerica Partners LP announced a leadership transition at its general partner, appointing former Chief Financial Officer Maura Topper as President and CEO of CrossAmerica GP LLC, succeeding Charles M. Nifong Jr., who had led the partnership since November 2019. Nifong simultaneously left the board and moved to the executive management team of affiliate Dunne Manning Holdings LLC, while Topper’s promotion included an increase in annual base salary to $500,000, with her incentive targets unchanged.

The board also named longtime finance executive and current Chief Accounting Officer Jonathan E. Benfield as Interim Chief Financial Officer and Chief Accounting Officer of the general partner, effective March 2, 2026, with his base salary raised to $325,000 and bonus target lifted to 50% of salary. The appointments underscore continued leadership continuity within the Topper-controlled group of entities as CrossAmerica pursues its strategy of retail-focused growth and asset optimization, signaling stability for investors and business partners despite the CEO change.

The most recent analyst rating on (CAPL) stock is a Hold with a $19.50 price target. To see the full list of analyst forecasts on Crossamerica Partners stock, see the CAPL Stock Forecast page.

Spark’s Take on CAPL Stock

According to Spark, TipRanks’ AI Analyst, CAPL is a Neutral.

The score is held back primarily by balance-sheet stress (negative equity/high leverage) and weak technical momentum (below major moving averages with negative MACD). Offsetting factors include consistently positive free cash flow and income-focused support from a very high dividend yield, while the latest earnings commentary points to improving leverage and interest expense but ongoing volume and segment profit pressure.

To see Spark’s full report on CAPL stock, click here.

More about Crossamerica Partners

CrossAmerica Partners LP is a U.S. master limited partnership that operates as a leading wholesale distributor of motor fuels, a convenience store operator, and an owner and lessee of real estate used in the retail distribution of motor fuels. Formed in 2012 and operating across 34 states, it distributes branded and unbranded fuel to about 1,600 locations and controls roughly 1,000 sites, maintaining strong relationships with major oil brands including ExxonMobil, BP, Shell, Marathon, Valero and Phillips 66.

The partnership’s general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with founder Joseph V. Topper Jr., who has served on the general partner’s board since 2012. CrossAmerica ranks among ExxonMobil’s largest U.S. fuel distributors by volume and is in the top tier for several other major brands, underscoring its significant role in the national fuel distribution and retail network.

Average Trading Volume: 46,283

Technical Sentiment Signal: Buy

Current Market Cap: $769.6M

For detailed information about CAPL stock, go to TipRanks’ Stock Analysis page.

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