The company recently announced shifts to its leadership team, with Mike Witynski, previously CEO since 2020, stepping down. Replacing him is executive chairman Rick Dreiling, who will be expanding his role to take on the position.
Dreiling brings more than 50 years of retail experience across several operating levels, including expanding footprints and making transformational changes. He will take on the CEO role on January 29.
Dreiling said the company will continue to thrive, grow, and win, and he is “thrilled for the opportunity to work with the extraordinary Dollar Tree team to advance our focus on delighting customers, associates and other key stakeholders.”
He looked back on Witynski’s time with the company, stating that his contributions included “the acquisition and integration of Family Dollar, navigating COVID, and contributing to the company’s current transformation strategy.”
“The opportunity to work with the talented and dedicated team at Dollar Tree has been the most rewarding of my career,” said Witynski. “During this especially dynamic period, we made the historic and consequential move to ‘break the dollar,’ and also rose to the historic opportunity to retool the company’s leadership ranks to face the challenges ahead with fresh eyes.”