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KEY EXECUTIVES - DOLLAR TREE INC (DLTR)NameBoard RelationshipsTitleAgeBob Sasser12RelationshipsChief Executive Officer, President and Director57Macon F. Brock Jr.22 RelationshipsCo-Founder and . Make Reservations. Wiki Trivia on Gary Philbin - Age & More. He was promoted to Chief Operating Officer in 2007, and to President and Chief Operating Officer in 2013. The average salary for CEO at companies like DOLLAR TREE INC in the United States is $1,804,700 as of February 25, 2022, but the range typically falls between $1,364,200 and $2,328,300.Salary ranges can vary widely depending on many important factors, including . Ms. Taylor has served as Executive Vice President and Chief Merchandising Officer since September 25, 2020. He has also sold $4,073,990 of Dollar Tree stock in the last six years, leaving him with 21,953 units, or $3,689,871, in the company. DOLLAR TREE INC CEO Salary in the United States . Dollar Tree Stores's HR department is led by Suzan Kaufman (Vice President Human Resources and Enterprise Talent) and has 101 employees. Yet, because of heavy pressure to maintain everything under $1 and increases in transportation, gasoline, merchandise, and shipping costs, the ability to keep everything at the $1 price hasn't been feasible. Chesapeake-based Fortune 200 discount retail giant Dollar Tree Stores Inc. announced Monday that CEO Gary Philbin has retired, but will remain an executive and member of the company's board of directors through Sept. 23. Old, Jr. These changes, effective immediately, follow the recently completed consolidation of . Most of these items sell for more elsewhere, which means that our customers can Delete or Cancel . Mantle Ridge, according to The Wall Street Journal, is working with Rick . The activist investor Mantle Ridge has taken a $1.8 billion stake in Dollar Tree and is focused on shoring up what the firm and others see as the company's weak link — Family Dollar. The Olive Branch center, some 425,000 square feet in size, began operation in early 1999--the same year the company surpassed $1 . Store Information >. CHESAPEAKE, Va., February 18, 2022--Dollar Tree, Inc. (NASDAQ: DLTR), today announced that Bob Sasser, 70, intends to retire from his role as Executive Chairman of Dollar Tree's Board of . Along with Dollar General, Dollar Tree is one of The discounter said that Alasdair James, 50, recently joined the company as executive VP . If you have any questions, comments, or concerns, try to connect with company's customer support team at 1-877-530-8733. Bloomberg/Getty Images. There are 1 executives at Dollar Tree Inc getting paid more, with Bob Sasser having the highest compensation of $7,130,500. Dollar Tree CEO Officially Unveils Long-Rumored Foil Baking Pan. Dollar Tree Distribution Center. A Dollar Tree store in Indiana has come under fire after its manager at the time posted a "help wanted" sign that some were calling controversial and discriminatory. Bob Sasser serves as Executive Chairman of the Board of the Company. Dollar Tree operates more than 16,000 deep-discount stores in 48 states and five Canadian provinces under the banners Dollar Tree, Family Dollar and Dollar Tree Canada. DOLLAR TREE, INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Activist investment firm Mantle Ridge wants to overhaul Dollar Tree's board and would like the company to hire the former chief executive of rival Dollar General Corp as it pushes for a review of . Executive Summary. At our Dollar Tree stores, we ofer a range of merchandise—from household essentials and beauty items to toys and teaching supplies—primarily at the $1 price point in the U.S. or $1.25 (CAD) at Dollar Tree Canada stores. One analyst said the presence of the activist investor . See the full leadership team at Craft. CHESAPEAKE, VA—At a highly anticipated launch event Tuesday, Dollar Tree CEO Bob Sasser ended months of fervent speculation over the latest phase of the national discount chain's massively popular and influential kitchen products line by unveiling the company's new foil . Michael Witynski has been promoted to enterprise president of the corporation and will lead the merchandising, store operations, and supply chain functions for the Dollar Tree and Family Dollar business segments. Dollar Tree. TAGS: News Executive Changes Jenn Hulett Chief Human Resources Officer. Shares of Dollar Tree rose 16% Wednesday to more than $100; the company's stock is down 6% for the year. Lexington, KY 40517. Dollar Tree (Chesapeake, Va.) announced its former CEO and current Executive Chair of the Board of Directors, Bob Sasser, will be retiring ahead of the company's annual shareholder meeting, according to a company press release.. The Dollar Tree board of directors ignored that failure and awarded the executives restricted stock grants with approximately the same value. Kevin S. Wampler Chief Financial Officer. William A. Previously He was Chief Executive Officer of Dollar Tree from 2004 to 2017, President and Chief Executive Officer at Dollar Tree, 2004 to 2013, President and Chief Operating Officer, Dollar Tree, 2001 to 2003, Chief Operating Officer, Dollar Tree1999 to 2000, Senior Vice President, Merchandise and Marketing, Roses Stores, Inc . Dollar Tree CEO Gary, age 63, is a grocery industry veteran. Chesapeake VA 23320. Dollar Tree, Inc. has made changes to its organizational structure and leadership team, including promoting Michael A. Witynski to enterprise president of Dollar Tree, Inc. Additionally, Duncan Mac Naughton, president of Family Dollar, is leaving the company, for unspecified reasons. Shoppers outside a Dollar Tree store in . (757) 842-6628 Website. Dollar Tree CEO—Who Made Over $10 Million Last Year—Blames Inflation for Price Hike to $1.25. President and Chief Executive Officer . Dollar Tree, Inc. 500 Volvo Parkway . On the other end of the spectrum, Michael Witynski, the CEO and director of Dollar Tree, does pretty well for himself. Unfortunately, you don't own enough credit to see this new org chart. Posted 12:00:00 AM. Originally joining the company as its Chief Operating Officer in 1999, he held the CEO position from 2003 until 2017. Former Dollar General CEO may finally get his chance to fix what ails Family Dollar. February 18, 2022 by MMR. Dollar Tree, Inc. Executive summary. CHESAPEAKE, Va. — Dollar Tree Inc. executive chairman Bob Sasser plans to retire from that post prior to the company's 2022 annual meeting. Dollar Tree said Friday that, in recognition of Sasser's many years of service, the board has decided to give him the honorary title of chairman emeritus upon his retirement. 1330 Executive Blvd. Chesapeake, VA 23320 . Dollar Tree's CEO said with extra unemployment benefits expiring and higher unemployment rates, it is expecting more consumers to shop at its stores. Dollar Tree Inc. has revealed that Michael A. Witynski, enterprise president of Dollar Tree, has been promoted to president and CEO, while Gary Philbin, who joined Dollar Tree in 2001 and became CEO in 2017, will retire after a retail career of 40-plus years. Just this past August, Dollar Tree CEO, Michael Witynski, stated the company was committed to a $1 billion goal. Jul 20, 2020 7:47AM EDT. A Dollar Tree store in Indiana has come under fire after its manager at the time posted a "help wanted" sign that some were calling controversial and discriminatory. Many have pointed toward President Biden's $1.9 . Based on our data team's research, Michael A. Witynski is the Dollar Tree's CEO. Also during the call, Dollar Tree executives said they're working to mitigate the impact of tariffs expected to hit in early 2019: About $200 billion in Chinese imports are expected to face . She joined Dollar General in 1998 and held roles of increasing responsibility in investor relations, financial planning and analysis, merchandise planning, pricing and merchandising operations prior to her promotion to Vice President, Pricing & Merchandise Data Optimization in March 2011. Along with Dollar General, Dollar Tree is one of Dollar Tree, its directors and certain of its executive officers may be deemed to be participants in connection with the solicitation of proxies from Dollar Tree stockholders in connection with . Order Online Tickets. "Bob Sasser has left an indelible mark on Dollar Tree as a result of his outstanding leadership skills, business acumen and commitment to excellence," said Michael Witynski, President and Chief Executive Officer. Analysts with J.P. Morgan noted past conversations with Dollar Tree executives who cited a significant sales boost at stores offering a Plus section and if no one else is cheering the shift to the top side of $1 at Dollar Tree, Wall Street is. Dollar Tree Inc. has promoted Michael A. Witynski to the position of president and COO of its Dollar Tree segment. Dollar Tree, its directors and certain of its executive officers may be deemed to be participants in connection with the solicitation of proxies from Dollar Tree stockholders in connection with . View detailed DLTR description & address. Dollar Tree's market capitalization has grown from approximately $2.3 billion to $30.8 billion during this time. The Dollar tree Inc company is a leading global operator of discount variety stores which offers a merchandise at a fixed price of a dollar in both United States and Canada. CHESAPEAKE, Va. — Dollar Tree Inc. is promoting three executives as part of a reorganization of its leadership structure, the company said on Wednesday. Sasser joined Dollar Tree in 1999 as Chief Operating Officer, served as President and Chief Operating Officer from 2001 to 2003, and then as Chief Executive Officer from 2003 to 2017. Just this past August, Dollar Tree CEO, Michael Witynski, stated the company was committed to a $1 billion goal. Dollar Tree Inc. has promoted three C-level executives and the president of its Family Dollar brand is leaving. See insights on Dollar Tree including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. "The reorganization enhances our ability to accelerate the timetable for implementing initiatives designed to . (RTTNews) - Dollar Tree Inc. (DLTR) said Monday that it has promoted Michael Witynski, who is currently Enterprise President of company, to President and Chief Executive . . Dear Mr. Witynski: I request information on Dollar Tree's labor, employment, and workplace safety practices at its Dollar Tree and Family Dollar stores. Here are further demographic highlights of the leadership team: The Dollar Tree executive team is 19% female and 78% male. Dollar Tree, the parent company of Family Dollar, announced July 20 that its CEO Gary Philbin would retire and its enterprise president, Michael Witynski, would succeed him. Dollar Tree's n et income totaled $282.4 million, or $1.23 per share, in the quarter ended July 31, up from $261.5 million, or $1.10 per share, in the year-ago period. Deep discount chain Dollar Tree has promoted Michael Witynski to enterprise president, a newly created position, and named a chief operating officer and a chief merchant for the overall organization. Other executives include Bob Sasser, Executive Chairman; Kevin S. Wampler, CFO and 9 others. He has led the board of directors for . Therefore it can be comprehensively described as a customer-oriented, value-driven store which operates at a one dollar price point. Dollar Tree CEO Michael Witynski—who raked in around $11 million in total compensation last year—announced Tuesday that his company is raising prices to $1.25 at stores across the United States, pointing to the current "inflationary environment." "Corporations are using the excuse of inflation to raise prices and make fatter profits." Witynski, 57, has been with . To continue, you can add a name in one of the org charts you recently viewed or test our Premium . DOLLAR TREE, INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Dollar Tree Executive Chairman Bob Sasser is set to retire ahead of the company's annual shareholder meeting, the company announced Friday. Dollar Tree announced Feb. 18 that Bob Sasser will retire from his role as executive chairman of the company's board of directors prior to its 2022 Annual Meeting of Shareholders, which typically takes place mid-June, and following a more than 20-year career with the retailer. Dear Mr. Witynski: I request information on Dollar Tree's labor, employment, and workplace safety practices at its Dollar Tree and Family Dollar stores. 68% of the management team is White. Transitioning Family Dollar locations into Dollar Tree stores has been "a surprise for the customer . Email: Customers have two options for contacting Dollar Tree headquarters by email. The Investor Relations website contains information about Dollar Tree's business for stockholders, potential investors, and financial analysts. A retail executive with global consumer goods experience has joined the leadership team of Dollar Tree. Former Dollar General CEO may finally get his chance to fix what ails Family Dollar. Job DescriptionOverview:At Dollar Tree, we strive for exceptional collaboration between talented…See this and similar jobs on LinkedIn. For new CEO Michael Witynski, who spent less than six months in the top post in 2020, this translated into a bonus valued at about $1.5 million, boosting his total compensation to $11.3 million. "The board and I are grateful to… Get Directions >. Dollar Tree also conducted independent surveys with shoppers, 91% of whom said they would shop at Dollar Tree "with the same or increased frequency" with higher prices, CEO Mike Witynski said . 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