Stewart Spinks Becomes Chairman of The Spinx Co.

Current president Steve Spinks also named CEO

Published in CSP Daily News

Steve Spinks

GREENVILLE, S.C. -- The Spinx Co. has officially announced Steve Spinks, current president, will also assume the role of chief executive officer. The role was previously held by Stewart Spinks, founder of the company, who will now move to the position of chairman of the board.

As CEO, Steve Spinks assumes more of the day-to-day operational decisions while Stewart Spinks will concentrate on the strategic and long-term planning for the company as chairman.

"I know that the company will benefit from Steve's judgment and day-to-day leadership as CEO" said Stewart Spinks. "Of course, I will remain involved and look forward to seeing the company grow with Steve's guidance."

As reported in a Raymond James/CSP Daily News Flash yesterday, the transition became official on March 15.

Steve Spinx has served the industry as a board member of the South Carolina Petroleum Marketing Association, Greenville County Better Business Bureau and Upstate Children's Museum. He also serves as president of Ace Energy Inc. and as a past Leadership Greenville member.

Greenville, S.C.-based Spinx operates 65 convenience retail stores in South Carolina and North Carolina. Founded in 1972 by Stewart Spinks, the company is the largest privately held gasoline-convenience retailer in South Carolina and is ranked among the top U.S. c-store chains in the country. In December 2011, Stewart Spinks completed a partial sale of The Spinx Co. to an employee stock ownership program (ESOP), retaining leadership (see Related Content below for previous CSP Daily News coverage).