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Murphy USA CFO steps down; Donald R. Smith Jr. is interim successor

The departure “is not the result of any disagreement” regarding Murphy USA’s operations or financial performance.

EL DORADO, Ark. — Murphy USA Inc. announced that Executive Vice President and Chief Financial Officer Galagher Jeff has resigned, effective October 14, 2025, according to a filing with the U.S. Securities and Exchange Commission.

Jeff’s departure “is not the result of any disagreement” regarding Murphy USA’s operations or financial performance, the company emphasized in its filing.

Jeff joined Murphy USA in March 2024 after holding senior finance and transformation roles at Dollar Tree, Advance Auto Parts, and Walmart. His departure follows a difficult year for the convenience retailer, which experienced revenue pressure due to heavy investment in new stores. In September, the company laid off about 100 corporate employees as part of a larger restructuring to boost operational efficiency and set the business up for long-term growth.

Murphy USA’s board appointed Donald R. Smith Jr. as interim CFO. Smith, 53, has been with the company since its 2013 spin-off from Murphy Oil Corporation, serving as vice president, controller, and later as chief accounting officer and treasurer. Before joining Murphy, he spent over 14 years at KPMG, where he left as a senior manager in the audit and assurance practice.

Murphy USA, headquartered in El Dorado, Arkansas, operates more than 1,760 Murphy USA, Murphy Express, and QuickChek convenience stores across 27 states.

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