Dollar Tree CEO to Retire; Successor Named

Dollar Tree (NASDAQ: DLTR) announced on Monday that CEO Gary Philbin is retiring after three years at the helm. Philbin will remain with the dollar-store chain as an executive and a board member until Sept. 23 to help with the transition.

The retailer also announced that it has elevated Michael Witynski to the position of president and CEO after being appointed as enterprise president last year. 

Image source: Getty Images.

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Source Fool.com