Form 8-K · Current Report · Filed 2024-11-04
Dollar Tree Announces Interim CEO Appointment and Board Changes
Dollar Tree, Inc. has appointed Michael C. Creedon, Jr. as interim Chief Executive Officer, effective November 3, 2024, succeeding Richard W. Dreiling. Edward J. Kelly, III has been elected Chairman of the Board. The company has also amended its By-Laws to reduce the number of directors from 11 to 10. Dollar Tree reaffirmed its fiscal third quarter outlook and continues to progress with its strategic review of the Family Dollar segment.
- Filer
- Dollar Tree Inc. DLTR · NASDAQ
- Filed
- Accession
- 0000935703-24-000044
- CIK
- 0000935703
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Amendments to Articles of Incorporation or Bylaws
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$66.60
Next session
+0.3%
Since filing
+91.0%
Latest close
$127.21
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from DLTR reporting the same item, with the next session's move:
Exhibits (2)
About Dollar Tree Inc.
Dollar Tree Inc. operates as a multi-price-point discount retailer in North America. It offers a diverse assortment of products encompassing consumables, seasonal offerings, home products, and various merchandise categories. Its primary function is to provide value-oriented shopping options to consumers by maintaining most of its pricing around a key, affordable price point. This retail chain significantly impacts the consumer staples and retail sectors, drawing price-conscious shoppers and creating a robust footprint in urban and suburban markets alike. Dollar Tree's vast network of stores under the Dollar Tree and Family Dollar brands positions it as a major player in the discount retail space. With thousands of locations across the United States and Canada, it plays a significant role in the retail landscape by catering to a broad demographic of customers seeking cost-effective shopping solutions. As such, Dollar Tree Inc. maintains a pivotal role in the retail market, providing essential and non-essential goods alike, while simultaneously contributing to local economies via employment and community engagement.
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