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Dollar Tree Appoints Three New Board Members

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Dollar Tree (NASDAQ: DLTR) has announced three new appointments to its Board of Directors. William (Bill) W. Douglas, III and Timothy (Tim) Johnson have been appointed as new board members, along with current CEO Michael C. Creedon, Jr.

Douglas brings 30 years of experience from the Coca-Cola system with expertise in IT, Finance, and Supply Chain. He currently serves on the boards of Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP, and Monster Beverages

Johnson, who serves as Chief Financial and Chief Administrative Officer at Victoria's Secret & Co until his planned retirement in June 2025, brings over 30 years of retail leadership experience. He also holds board positions at Brinker International and LogicSource.

Creedon, who joined Dollar Tree as COO in 2022, was appointed CEO in December 2024 after serving as Interim CEO since November 2024.

Dollar Tree (NASDAQ: DLTR) ha annunciato tre nuove nomine nel suo Consiglio di Amministrazione. William (Bill) W. Douglas, III e Timothy (Tim) Johnson sono stati nominati nuovi membri del consiglio, insieme all'attuale CEO Michael C. Creedon, Jr.

Douglas porta con sé 30 anni di esperienza nel sistema Coca-Cola, con competenze in IT, Finanza e Supply Chain. Attualmente, è membro dei consigli di amministrazione di Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP e Monster Beverages.

Johnson, attualmente Chief Financial and Chief Administrative Officer presso Victoria's Secret & Co fino al suo previsto pensionamento a giugno 2025, vanta oltre 30 anni di esperienza nella leadership nel retail. Ricopre anche posizioni nei consigli di Brinker International e LogicSource.

Creedon, che è entrato in Dollar Tree come COO nel 2022, è stato nominato CEO nel dicembre 2024 dopo aver ricoperto il ruolo di CEO ad interim da novembre 2024.

Dollar Tree (NASDAQ: DLTR) ha anunciado tres nuevos nombramientos en su Junta Directiva. William (Bill) W. Douglas, III y Timothy (Tim) Johnson han sido nombrados nuevos miembros de la junta, junto con el actual CEO Michael C. Creedon, Jr.

Douglas aporta 30 años de experiencia del sistema Coca-Cola, con experiencia en TI, Finanzas y Cadena de Suministro. Actualmente, forma parte de las juntas de Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP y Monster Beverages.

Johnson, quien se desempeña como Director Financiero y Administrativo en Victoria's Secret & Co hasta su jubilación planificada en junio de 2025, tiene más de 30 años de experiencia en liderazgo minorista. También ocupa posiciones en las juntas de Brinker International y LogicSource.

Creedon, quien se unió a Dollar Tree como COO en 2022, fue nombrado CEO en diciembre de 2024 tras haber sido CEO interino desde noviembre de 2024.

Dollar Tree (NASDAQ: DLTR)는 이사회에 세 명의 새로운 임원을 발표했습니다. William (Bill) W. Douglas, IIITimothy (Tim) Johnson가 새로운 이사회 멤버로 임명되었으며, 현재 CEO인 Michael C. Creedon, Jr도 포함됩니다.

Douglas는 Coca-Cola 시스템에서 30년의 경력을 가지고 있으며 IT, 재무 및 공급망 분야의 전문성을 갖추고 있습니다. 그는 현재 Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP 및 Monster Beverages의 이사로 활동하고 있습니다.

Johnson은 2025년 6월까지 Victoria's Secret & Co의 최고 재무 및 행정 책임자로 재직 중이며, 30년 이상의 소매 리더십 경험을 보유하고 있습니다. 그는 또한 Brinker International과 LogicSource의 이사직을 맡고 있습니다.

Creedon은 2022년 Dollar Tree에 COO로 합류했으며, 2024년 12월에 CEO로 임명되기 전 2024년 11월부터 임시 CEO로 재직했습니다.

Dollar Tree (NASDAQ: DLTR) a annoncé trois nouvelles nominations au sein de son Conseil d'Administration. William (Bill) W. Douglas, III et Timothy (Tim) Johnson ont été nommés nouveaux membres du conseil, avec l'actuel PDG Michael C. Creedon, Jr.

Douglas apporte 30 ans d'expérience du système Coca-Cola, avec une expertise en informatique, finance et chaîne d'approvisionnement. Il siège actuellement aux conseils d'administration de Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP et Monster Beverages.

Johnson, qui est Chief Financial and Chief Administrative Officer chez Victoria's Secret & Co jusqu'à sa retraite prévue en juin 2025, possède plus de 30 ans d'expérience en leadership dans le secteur de la vente au détail. Il occupe également des postes au sein des conseils de Brinker International et LogicSource.

Creedon, qui a rejoint Dollar Tree en tant que COO en 2022, a été nommé PDG en décembre 2024 après avoir été PDG par intérim depuis novembre 2024.

Dollar Tree (NASDAQ: DLTR) hat drei neue Ernennungen in seinem Vorstand bekannt gegeben. William (Bill) W. Douglas, III und Timothy (Tim) Johnson wurden als neue Vorstandsmitglieder ernannt, zusammen mit dem aktuellen CEO Michael C. Creedon, Jr.

Douglas bringt 30 Jahre Erfahrung aus dem Coca-Cola-System mit, mit Fachkenntnissen in IT, Finanzen und Lieferkette. Derzeit ist er in den Vorständen von Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP und Monster Beverages tätig.

Johnson, der bis zu seiner geplanten Pensionierung im Juni 2025 als Chief Financial and Chief Administrative Officer bei Victoria's Secret & Co tätig ist, bringt über 30 Jahre Erfahrung in der Einzelhandelsführung mit. Er hat auch Vorstandspositionen bei Brinker International und LogicSource inne.

Creedon, der 2022 als COO zu Dollar Tree kam, wurde im Dezember 2024 zum CEO ernannt, nachdem er seit November 2024 als Interim-CEO tätig war.

Positive
  • Board strengthened with experienced retail and finance executives
  • New directors bring diverse expertise in retail, finance, and supply chain
  • CEO joins board, potentially improving strategic alignment
Negative
  • One new board member (Johnson) approaching retirement in 2025

CHESAPEAKE, Va.--(BUSINESS WIRE)-- Dollar Tree, Inc. (NASDAQ: DLTR) 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, “The additions of Bill, Tim, and Mike complement our current Board of Directors’ skillsets and experiences, strengthening our ability to accelerate our growth strategy as a leader in value retailing.”

Mr. Douglas is a 30-year veteran of the Coca-Cola system, with extensive domestic and international retail experience. At Coca-Cola, he held progressive leadership roles in IT, Finance, and Supply Chain. Following his retirement in 2016, Bill was appointed to the Board of Coca-Cola Hellenic where he also serves as chair of the audit committee. He serves on the Boards of SiteOne Landscape Supply, North Highland ESOP, and Monster Beverages Corporation.

Mr. Johnson has more than 30 years of retail leadership experience. Since 2021, he has served as Chief Financial and Chief Administrative Officer for Victoria’s Secret & Co (VS&Co), leading up to his recently announced retirement, planned for June 2025. Prior to VS&Co, he served as the Chief Financial and Chief Administrative Officer for Big Lots. Mr. Johnson serves on the Boards of Brinker International, LogicSource, Inc., and Nationwide Children’s Hospital, and previously served on the Board of The Aaron’s Company.

Mr. Creedon was appointed Chief Executive Officer of Dollar Tree in December 2024. He joined Dollar Tree in 2022 as Chief Operating Officer, a position he held until his appointment to Interim Chief Executive Officer in November 2024. Prior to Dollar Tree, Mr. Creedon held leadership roles at Advance Auto Parts, Tyco International, and ADT Security.

About Dollar Tree, Inc.

Dollar Tree, a Fortune 200 Company, operated 16,590 stores across 48 states and five Canadian provinces as of November 2, 2024. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada. To learn more about the Company, visit www.DollarTree.com.

Investors:

Robert A. LaFleur

SVP, Investor Relations

investorinfo@dollartree.com

Media:

Kate Kirkpatrick

VP, Communications

MediaInquiries@dollartree.com

Source: Dollar Tree, Inc.

FAQ

Who are the three new board members appointed to Dollar Tree (DLTR)?

William Douglas III, Timothy Johnson, and CEO Michael Creedon Jr. were appointed to Dollar Tree's Board of Directors.

What is William Douglas III's background before joining Dollar Tree's board?

Douglas has 30 years of experience with Coca-Cola in IT, Finance, and Supply Chain roles, and serves on boards of Coca-Cola Hellenic, SiteOne Landscape Supply, and Monster Beverages.

What is Timothy Johnson's current role before joining DLTR's board?

Johnson is the Chief Financial and Chief Administrative Officer at Victoria's Secret & Co until his planned retirement in June 2025.

When was Michael Creedon Jr. appointed as Dollar Tree's CEO?

Creedon was appointed CEO in December 2024, after serving as Interim CEO since November 2024 and previously as COO since 2022.

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