Joseph DePinto at a Glance
Joseph DePinto: Salary, Net Worth, and Career Highlights
Introduction
Joseph DePinto is a prominent American businessman renowned for his leadership in the convenience retail industry. This article delves into Joseph DePinto’s career, including his salary, net worth, and his significant contributions as the President and CEO of 7-Eleven, Inc. We’ll explore his journey, from his educational background to his diverse roles in various companies, and his influence on the business world.
Early Life and Education
Joseph DePinto was born in Chicago, Illinois. He pursued higher education at the United States Military Academy at West Point, where he earned a bachelor’s degree in engineering management. Furthering his education, he obtained a Master of Business Administration (MBA) from the prestigious Kellogg School of Management at Northwestern University. These academic achievements provided a solid foundation for his successful career in business leadership.
Career at 7-Eleven
Joseph DePinto’s career is most notably associated with 7-Eleven, Inc. He assumed the role of President and Chief Executive Officer of 7-Eleven, Inc. in December 2005. Under his leadership, 7-Eleven has maintained its position as a global leader in the convenience store industry. The company operates a vast network of stores worldwide, offering a wide range of products and services to consumers. In 2012, DePinto’s base salary was reported as $1.03, highlighting his compensation as a top executive in the company. 7-Eleven is owned by its Japanese parent company, Seven & i Holdings.
Other Executive Positions
Before his tenure at 7-Eleven, Joseph DePinto held several significant executive positions in other prominent companies. These include:
- PepsiCo, Inc.: Executive positions at the global food and beverage company.
- GameStop Corp: President.
- Thornton Oil Corp: Senior Vice President and Chief Operating Officer.
These experiences demonstrate his versatility and expertise across different sectors of the business landscape. He also served as a director for Jo-Ann Stores, Inc. and Brinker International, Inc., further expanding his leadership influence.
Undercover Boss Appearance
In 2010, Joseph DePinto appeared on an episode of the CBS reality series Undercover Boss. During the show, he worked undercover to gain firsthand experience of the day-to-day operations and challenges faced by 7-Eleven employees. This experience provided him with valuable insights and led to improvements in corporate policies and employee relations. He was particularly inspired by the dedication of a delivery driver.
Board Memberships and Affiliations
Joseph DePinto has served on the boards of several organizations, reflecting his commitment to broader business and community involvement. His board memberships include:
- 7-Eleven, Inc.
- OfficeMax (NYSE: OMX)
- Brinker International, Inc. (NYSE: EAT)
- The Dallas Chamber of Commerce
- SMU’s Cox School of Business
- The National Italian American Foundation
In addition, he has been involved in advisory roles, serving on the Advisory Councils for Outlook Leadership, The Pro Players Foundation, and the Japan-America Society of Dallas/Fort Worth. He is also a Network of Executive Women Champion and an active member of the Business Executives for National Security.
Personal Life
Joseph DePinto is married to his wife, Ingrid, and together they have four sons. The family resides in Southlake, Texas. His family life complements his professional achievements, reflecting a balanced approach to leadership and personal well-being.
Summary
Joseph DePinto’s career is marked by his significant contributions to the business world, particularly in the convenience retail sector. As the President and CEO of 7-Eleven, Inc., he has led the company to continued success. His diverse experiences, coupled with his commitment to community involvement and family life, establish him as a well-rounded leader in the business industry. His net worth is estimated at $40 million, reflecting his successful career.
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