Dollar Tree Names Rick Dreiling To Addl. Role Of CEO; Mike Witynski Steps Down

Dollar Tree, Inc. (DLTR) announced on Tuesday that Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, is stepping down from the Board and leaving the Company.

Executive Chairman Rick Dreiling will expand his role to assume the position of Chief Executive Officer, effective January 29. He has been executive chairman since March 2022.

Dreiling was previously Chairman of the Board of Directors of Dollar General Corp. from 2015 to 2016 and was Chief Executive Officer and Chairman of the Board of Directors of Dollar General from December 2008 to 2015.

Earlier, he served as President, CEO and Chairman of the Board of Directors of Duane Reade Holdings Inc. and Duane Reade Inc.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of Inditex SA were gaining around 6 percent in the morning trading in Spain after the clothing firm that owns Zara reported Wednesday significant growth in its first-quarter profit on higher revenues as well as the absence of a prior year provision. Regarding the second quarter to date, the company said its store and online sales in constant currency between May 1 and June 4 increased 16.. The U.S. Consumer Product Safety Commission or CPSC, along with Golden, Colorado-based Boppy Co., urged consumers to stop using recalled Boppy Newborn Loungers, following reports of more infant deaths. They also asked online marketplaces to stop selling the recalled product. The company in September 2021 had recalled over 3.3 million infant lounging pillows after it was connected with deaths of 8 Apple has unveiled a bunch of new products for its customers including its first spatial computer Vision Pro Headset. The tech major has also introduced iOS 17, 15-inch MacBook Air, iPadOS 17, TvOS 17 For Apple TV, WatchOS 10 For Apple Watch, New Mac Studio, Mac Pro, and M2 Ultra, among others. The Apple Vision Pro features visionOS, the world's first spatial operating system.
Follow RTT