Filipe Da Silva, senior vice president of finance for Alimentation Couche-Tard, has been named executive vice president and chief financial officer of the convenience retailer effective July 1, according to a Wednesday announcement.

Da Silva will succeed current CFO Claude Tessier, who is retiring. Tessier will remain with Couche-Tard for an undisclosed period of time in order to assist with the transition, according to the announcement. 

Prior to joining Couche-Tard this past March, Da Silva held various management positions with French energy company TotalEnergies in Argentina, as well as Carrefour — a French multinational retail and wholesaling company — working out of Argentina, Colombia, India and Indonesia.

Da Silva has also worked for South American big-box retailer Groupe Exito, and he was CFO and head of real estate at Walmart Canada for a number of years.

“We have full confidence in Filipe, along with our experienced and highly capable finance team, and we expect the seamless transition between the two roles to be transparent for financial markets,” President and CEO Brian Hannasch said.

Tessier has been Couche-Tard’s CFO for over seven years, according to his company bio. Prior to joining the retailer in early 2016, he held various executive roles at Canadian supermarket chain Sobeys for over a decade and spent more than 15 years in senior financial leadership roles with Fly Furniture, Costco and Canadian grocer Provigo. Tessier has also held management roles with recruiting agency Mallette International and professional services company PricewaterhouseCoopers.

He departs from Couche-Tard after leading the retailer through a five-year strategic plan, Hannasch said.

Laval, Quebec-based Couche-Tard operates more than 14,300 c-stores in 24 countries, including nearly 7,000 in the U.S.