Dollar General CFO Garratt to retire

1 min


132
71 shares, 132 points

(Reuters) -Discount store chain Dollar General Corp said on Monday its chief financial officer, John Garratt, would retire from his position effective June 2.

The company will “evaluate options” for its next CFO and is not currently conducting an external search, it said in a statement.

Garratt was named CFO in December 2015, a year after he joined the Tennessee-based company.

“While I look forward to spending more time with family, this was a difficult personal decision,” Garratt said.

Last week, rival Dollar Tree Inc said Executive Chairman Richard Dreiling will replace Chief Executive Officer Mike Witynski, nearly a year after its settlement with an activist investor.

(Reporting by Deborah Sophia in Bengaluru; Editing by Shailesh Kuber)

Source: KFGO


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132
71 shares, 132 points

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