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7-Eleven

7-Eleven
Seven & I Holdings Co, the operator of the 7-Eleven chain of convenience stores is facing pressure from activist investors for structural reforms. REUTERS/Yuya Shino/File Photo

KONTAN.CO.ID - TOKYO. Japanese retailer Seven & I Holdings Co has nominated a former executive of Uber Technologies Inc to join its board of directors, the company said on Tuesday. The operator of the 7-Eleven chain of convenience stores is facing pressure from activist investors for structural reforms.

Seven & I has named Elizabeth Miin Meyerdirk, a founding members of Uber Eats. She will join as a new outside director, pending approval from shareholders at a May 26 annual meeting.

Facing a shrinking domestic market, the company said this month that it would seek growth overseas. Particularly, in North America, and would also expand online shopping and delivery services in Japan.

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