WESTLAKE, Ohio — TravelCenters of America L.L.C. (TA) CEO Thomas O'Brien has resigned, effective Dec. 31, after nearly 11 years in that role.
He will be succeeded by Andrew Rebholz, currently executive vice president, chief financial officer and treasurer and a 20-year company veteran.
Neither Mr. O'Brien nor TA provided reasons for the CEO's departure, but TA said his retirement agreement "provides that he will remain an employee of TA to assist with the transition of his duties until June 30, 2018" and will be "available to assist TA on an as-needed basis."
Among other changes announced: Executive Vice President Barry Richards — who spearheaded TA's drive to expand its tire and vehicle services business — will become president and chief operating officer; and William E. Myers, TA's senior vice president and chief accounting officer, will become CFO and treasurer.
Mr. Rebholz said he believes TA's "industry-leading expertise" in truck maintenance and repair work has the potential to "significantly expand."
Mr. Richards echoed that sentiment, saying: "I am excited to realize the potential for each of these businesses and I look forward to finding more ways to deliver value to our customers."
TA operates 244 travel centers in 43 states along the U.S. Interstate Highway System and in Canada.