~ John Flanigan Joins Company as Chief
Supply Chain Officer ~
~ Larry Gatta Joins as Chief Merchandising
Officer of Family Dollar ~
Dollar Tree, Inc. (NASDAQ: DLTR) today announced two key
executive leadership additions. John Flanigan has joined the
organization as Chief Supply Chain Officer and Larry Gatta has
joined as Chief Merchandising Officer for the Family Dollar
banner.
“Driving supply chain efficiencies and improving the operating
performance of our Family Dollar banner are important elements to
long-term value creation for our shareholders,” stated Michael
Witynski, President and Chief Executive Officer. “I am pleased to
announce the recent additions of proven retail leaders John
Flanigan and Larry Gatta to our organization.”
Mr. Flanigan most recently served as Executive Vice President,
Global Supply Chain for Dollar General through April 2016. He
joined Dollar General as Senior Vice President, Global Supply Chain
in May 2008 and was promoted to Executive Vice President in March
2010. Mr. Flanigan has approximately 30 years of management
experience in retail logistics. Prior to joining Dollar General, he
was Group Vice President of Logistics and Distribution for Longs
Drug Stores Corporation from October 2005 to April 2008. In this
role, he was responsible for overseeing warehousing, inbound and
outbound transportation and facility maintenance to service over
500 retail outlets. From September 2001 to October 2005, he served
as the Vice President of Logistics for Safeway Inc. where he
oversaw distribution of food products from Safeway distribution
centers to all retail outlets, inbound traffic and transportation.
He also has held distribution and logistics leadership positions at
Vons, Specialized Distribution Management Inc., and Crum & Crum
Logistics.
Mr. Flanigan stated, “I am excited to join the Dollar Tree
organization. Mike Witynski and I share a common vision to improve
the organization’s supply chain performance through improved
distribution center conditions, hiring and retention of teams, and
efficiency improvements throughout the supply chain - from our
suppliers to our store shelves. I am eager to drive our team’s
contribution to the company’s performance through improved shopper
and associate experience. My focus will be on leading productivity
improvements across the Logistics function through use of data,
analytics, process improvements and automation.”
Mr. Gatta brings more than 35 years of retail industry and
marketing experience. Most recently, as the Senior Vice President
and General Merchandise Manager for Consumables at Dollar General,
Mr. Gatta had responsibility for food, perishables, candy, snacks,
beverage, paper, cleaning, pet, and tobacco categories. He joined
Dollar General in 2009 as Vice President and Divisional Merchandise
Manager, responsible for food, pet, beverages, candy, snacks,
perishables and the Market Store Format. In 2011, Mr. Gatta was
promoted to Senior Vice President and General Merchandise Manager
for Discretionary, spending two years being responsible for soft
lines, seasonal, hardware, housewares, stationery, electronics,
gift cards, and automotive. Prior to joining Dollar General, he was
Senior Vice President and Chief Marketing Officer at Longs Drug
Stores until being acquired by CVS, and previously held leadership
roles at Rite Aid Corporation and Phar-Mor Corporation.
Rick McNeely, Chief Merchandising Officer of Dollar Tree, will
lead the Dollar Tree merchandising teams with a continued focus on
driving key Dollar Tree initiatives.
Mr. Gatta stated, “In the current economic climate, households
need Family Dollar to provide value and convenience to help stretch
their budgets. Family Dollar is part of the solution to millions of
households across the U.S. I will be focused on improving the
banner’s productivity and improved operating performance through
sales-driving initiatives, margin-enhancements, and leveraging our
cost components. The investments in renovations and the new combo
store formats are a tremendous foundation to grow and improve the
Family Dollar business.”
“Both John and Larry have decades of experience and are proven
leaders in small-box value retail and I am extremely pleased to
welcome them to our team,” added Mr. Witynski. “In their leadership
roles, they will each be key components to our success in the next
chapter of our company’s growth, especially as it relates to
improved performance, efficiencies, and shopper and associate
experiences, in our Family Dollar stores and throughout our supply
chain.”
About Dollar Tree, Inc.
Dollar Tree, a Fortune 200 Company, operated 16,077 stores across
48 states and five Canadian provinces as of January 29, 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 regarding our plans
to develop initiatives to improve performance, efficiencies,
shopper and associate experiences in our Family Dollar stores and
throughout our supply chain, 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, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220512005033/en/
Dollar Tree, Inc. Randy Guiler, 757-321-5284 Vice President,
Investor Relations www.DollarTree.com DLTR - G
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