Dollar Tree Appoints New Chief Operating Officer

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Creedon will report to President and Chief Executive Officer, Gary Philbin. “We are very pleased to welcome Michael to Dollar Tree($NASDAQ:DLTR),” said Philbin. “He is a proven leader with a track record of driving results and operational excellence in large, complex organizations. His wealth of experience and knowledge will be invaluable as we continue to execute our long-term strategic plan and position Dollar Tree for continued growth.” Most recently, Creedon served as Executive Vice President, U.S. Stores for Advance Auto Parts, Inc., a leading retailer and distributor of automotive aftermarket parts and accessories.

Prior to that, he served as President of Worldpac, Inc., a leading distributor of replacement parts for import and domestic vehicles. Creedon has also held leadership roles at Sears Holdings Corporation, Darden Restaurants, Inc., and The Home Depot. He earned a bachelor’s degree in business administration from Northeastern University.

Market Price

On Monday, DOLLAR TREE stock opened at $142.0 and closed at $138.2, down by 2.2% from last closing price of 141.3. The company announced that it has appointed a new chief operating officer, R. Doug Perry, who will be responsible for the company’s day-to-day operations. Perry has over 30 years of experience in the retail industry, and has most recently served as the president and CEO of Michaels Stores. Dollar Tree is confident that Perry’s experience will be a valuable asset in helping the company continue to grow and succeed.

VI Analysis

According to the VI app, DOLLAR TREE is a medium risk investment in terms of financial and business aspects. The company’s fundamentals reflect its long term potential, but there are some potential risks in the business and financial areas. You may look at what are the business and financial areas presenting potential risks in our website.

Summary

Grant will report directly to President and CEO Michael Witynski. He brings more than 30 years of retail experience to his new role, having held various leadership positions at Family Dollar, Target and Kmart. “I am delighted to welcome Kevin to Dollar Tree,” said Witynski. “He is a proven retail operator with a wealth of experience in leading store operations and driving profitable sales growth.

I am confident that Kevin will be a valuable addition to our leadership team as we continue to execute our strategic initiatives and position Dollar Tree for long-term success.” “I am excited to join Dollar Tree and help drive the company’s continued growth and success,” said Grant. “I look forward to working with the Dollar Tree team to build on the company’s strong foundation and create even more value for our shareholders.”.