8-KLeadership ChangesRegulation FDExhibits & Filings

DOLLAR TREE, INC. 8-K Report, Executive Changes (Dec 11, 2018)

Filed December 11, 2018For Securities:DLTR

Summary

Dollar Tree, Inc. (DLTR) announced a change to its Board of Directors through an 8-K filing on December 11, 2018. Effective December 31, 2018, Thomas W. Dickson will join the Board, filling the vacancy left by the retirement of Mary Anne Citrino. Mr. Dickson brings extensive executive and board experience, having previously served as CEO of Harris Teeter Supermarkets, Inc. and holding directorships with other public companies such as Brixmor Property Group Inc. and Conagra Brands, Inc. This appointment is a strategic addition to the board, aiming to leverage Mr. Dickson's leadership and operational background. While the specific board committees he will join are yet to be determined, he is expected to receive compensation consistent with other non-employee directors. Investors should note this change as a move to potentially enhance board expertise and governance.

Key Highlights

  • 1Appointment of Thomas W. Dickson to the Board of Directors, effective December 31, 2018.
  • 2Mr. Dickson will fill the vacancy created by the retirement of director Mary Anne Citrino.
  • 3Mr. Dickson has a strong background, including serving as CEO of Harris Teeter Supermarkets from 1997 to 2014.
  • 4He brings experience from other public company boards, including Brixmor Property Group Inc. and formerly Conagra Brands, Inc.
  • 5The specific board committees Mr. Dickson will serve on are pending determination and will be disclosed via an amendment.
  • 6Mr. Dickson will be compensated according to the Company's standard non-employee director compensation policy.
  • 7There were no disclosed arrangements or transactions involving Mr. Dickson and the Company prior to his appointment.

Frequently Asked Questions

Thomas W. Dickson is a seasoned executive with extensive experience in retail and corporate governance. He served as CEO of Harris Teeter Supermarkets from 1997 to 2014 and has held board positions with companies like Brixmor Property Group Inc. and Conagra Brands, Inc.

Mr. Dickson is being appointed to fill a vacancy created by the retirement of director Mary Anne Citrino. His appointment is expected to bring valuable leadership, operational, and governance experience to Dollar Tree's Board of Directors.

The Company anticipates naming Mr. Dickson to one or more committees, but the specific committees have not yet been determined. Dollar Tree will file an amendment to the 8-K to disclose this information once it is finalized.

Mr. Dickson will receive compensation for his service as a director consistent with the compensation provided to all other non-employee directors of Dollar Tree, Inc., as previously described in the Company's proxy statement.