Dollar Tree, Inc. Names Jeffrey A. Davis as Chief Financial Officer
25 Agosto 2022 - 8:35AM
Business Wire
Dollar Tree, Inc. (NASDAQ: DLTR) today announced a key executive
leadership addition, as Jeffrey A. Davis will be joining the
organization as Chief Financial Officer.
“I am extremely pleased to announce that Jeff Davis will be
joining the Dollar Tree team as our new Chief Financial Officer.
For many years, Jeff has been recognized as a strong and
collaborative retail business partner, driving superior financial
and operational results,” stated Mike Witynski, President and Chief
Executive Officer. “Jeff has a proven track record of strategic
leadership, and building and developing talented teams. I believe
his skill set and experiences are the perfect fit for Dollar Tree,
as we continue to fill key executive roles and execute on the
transformation of our company.”
From 2006 to 2018, Mr. Davis served in a number of financial
leadership roles, including Treasurer of Walmart Stores, Inc.,
Senior Vice President of Finance & Strategy and Chief Financial
Officer for Walmart’s U.S. Segment, Chief Financial Officer of J.
C. Penney Company, Inc. and Chief Financial Officer of Darden
Restaurants, Inc. He most recently served as Chief Financial
Officer of Qurate Retail Group, Inc., a leading retailer and media
conglomerate comprised of seven retail brands including QVC, HSN
and Zulily, since October 2018. Mr. Davis holds a bachelor’s degree
in accounting from the Pennsylvania State University and a master’s
degree in business administration from the Joseph M. Katz Graduate
School of Business at the University of Pittsburgh. Since 2019, he
has served as a director of Laboratory Corporation of America.
“I look forward to joining Dollar Tree at such a pivotal time in
the Company’s journey. Dollar Tree has a long and unique history in
value retail,” said Davis. “My team will be focused on supporting
the company’s strategy development and execution, and delivering
insights and action plans to support efficient operations and
create shareholder value. The company has a strong balance sheet
and a tremendous opportunity for growth.”
“Jeff joins John Flanigan, Larry Gatta, and Bobby Aflatooni,
recent key executive additions, leading Supply Chain, Family Dollar
Merchandising and Information Technology, to the Dollar Tree team.
I look forward to announcing new leaders as we continue to develop
our leadership team to accelerate the growth and transformation of
our company,” added Witynski.
Kevin Wampler will transition out of his role as Chief Financial
Officer and is expected to remain with the Company as an advisor
until April 2023 to ensure a smooth transition.
About Dollar Tree, Inc.
Dollar Tree, a Fortune 200 Company, operated 16,231 stores
across 48 states and five Canadian provinces as of July 30, 2022.
Stores operate under the brands of Dollar Tree, Family Dollar, and
Dollar Tree Canada. To learn more about the Company, visit
www.DollarTree.com or www.FamilyDollar.com.
A WARNING ABOUT FORWARD-LOOKING STATEMENTS: Our press release
contains "forward-looking statements" as that term is used in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by the fact that they address future
events, developments or results and do not relate strictly to
historical facts. Any statements contained in this press release
that are not statements of historical fact may be deemed to be
forward-looking statements. Forward-looking statements include,
without limitation, statements preceded by, followed by or
including words such as: “believe”, “anticipate”, “expect”,
“intend”, “plan”, “view”, “target” or “estimate”, “may”, “will”,
“should”, “predict”, “possible”, “potential”, “continue”,
“strategy”, and similar expressions. For example, our
forward-looking statements include statements concerning our plans
and expectations regarding the hiring of Mr. Davis as our Chief
Financial Officer and the transition of Mr. Wampler; the expected
impact of our executive leadership changes on our business; and our
other plans, objectives, expectations (financial and otherwise) and
intentions. These statements are subject to risks and
uncertainties. For a discussion of the risks, uncertainties and
assumptions that could affect our future events, developments or
results, you should carefully review the "Risk Factors," "Business"
and "Management's Discussion and Analysis of Financial Condition
and Results of Operations" sections in our Annual Report on Form
10-K filed March 15, 2022, our Form 10-Q for the most recently
ended fiscal quarter and other filings we make from time to time
with the Securities and Exchange Commission. We are not obligated
to release publicly any revisions to any forward-looking statements
contained in this press release to reflect events or circumstances
occurring after the date of this report and you should not expect
us to do so.
DLTR - G
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version on businesswire.com: https://www.businesswire.com/news/home/20220824005714/en/
Dollar Tree, Inc. Randy Guiler, 757-321-5284 Vice President,
Investor Relations www.DollarTree.com
Dollar Tree (NASDAQ:DLTR)
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