Fuel CEO nominated for seat on Havertys’ board

ATLANTA — Natalie B. Morhous, CEO and member of the board of directors for service station chain RaceTrac, has been nominated to stand for election to the board of directors for Top 100 retailer Havertys.

If elected, she will replace Mylle H. Mangum, who is retiring from the Atlanta-based retailer’s board. Elections take place during Havertys’ annual meeting of stockholders on May 6.

“We are fortunate to be able to nominate Natalie and look forward to the strategic insights, energy, and perspectives that she will bring to our board,” said Clarence Smith, chairman and CEO of Havertys. “RaceTrac’s retail geographic presence and commitment to its customers and team members strongly parallels Havertys’, and Natalie’s expertise will be a valuable addition to our talented board.”

Morhous joined RaceTrac in 2012 and has held a variety of leadership roles in its family of companies including vice president of the company’s dedicated fuel transporter, Energy Dispatch, and executive director of strategy and solutions of RaceTrac. She served as president of RaceTrac from February 2019 until January 2024 when she was named CEO. During her tenure as president, she helped lead the company through the COVID-19 pandemic, shifted RaceTrac’s growth strategy to expand to new markets and new prototypes, and finalized RaceTrac’s acquisition of Gulf Oil, LLC.

Prior to RaceTrac, Morhous worked as a consultant with SRA Touchstone Consulting Group and Acquisition Solutions, Inc. Morhous serves on the board of the National Association of Convenience Stores and is an advisory board member of Emory University’s Center for Ethics.

Morhous will stand for election along with Havertys’ current directors other than Mangum. The board has a longstanding policy that directors generally may not stand for reelection after reaching age 75. As a result, Mangum, who has served since 1999, will retire from Havertys’ board this year.

“Mylle provided invaluable guidance to Havertys as our business grew and evolved and she served as chair of the nominating, compensation and governance committee for 20 years,” Smith said. “We are grateful for her commitment to Havertys and wish her all the best.”

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