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Dollar Tree Appoints Three New Board Members
Dollar Tree, Inc. today announced that effective immediately, William (Bill) W. Douglas, III and Timothy (Tim) Johnson have been appointed to the Company’s Board of Directors. In addition, Chief Executive Officer Michael C. Creedon, Jr. has joined the Board.
“Bill and Tim are both esteemed financial leaders with a strong understanding of today’s competitive retail landscape,” said CEO Mike Creedon. “We look forward to their many contributions and support in driving long-term value for our associates, customers, and shareholders.”
Chairman of the Board Edward (Ned) J. Kelly, III stated...
Michael C. Creedon Jr. Elevated to Permanent CEO of Dollar Tree After Successful Interim
Dollar Tree has announced the appointment of Michael C. Creedon, Jr as its permanent Chief Executive Officer. The board agreed unanimously on this promotion citing that Creedon had earned their trust and respect and that they had confidence in his ability to guide the company’s growth and success.
Creedon joined Dollar Tree in 2022 as Chief Operating Officer. He was appointed interim Chief Executive Officer in November succeeding Rick Dreiling and has since led more than 200,000 associates and more than...
Dollar Tree, Inc. Completes Transaction for 170 ‘99 Cents Only Stores’
Dollar Tree, Inc. today announced that it acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. The deal was completed via two transactions in May that were approved by the United States Bankruptcy Court for the District of Delaware. As part of the transactions, Dollar Tree also acquired the North American Intellectual Property of 99 Cents Only Stores and select on-site furniture, fixtures, and equipment.
In April, California-based 99 Cents Only Stores filed for Chapter 11
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