Dollar Tree Appoints Park As Independent Director

Dollar Tree has appointed Winnie Park as a new independent director to the company’s board of directors, effective December 3, 2020.

In addition, two long-time independent directors, Thomas Saunders III and Carl Zeithaml, have announced their intention to retire at the 2021 annual meeting of shareholders.

Park is CEO of Paper Source, Inc., an omnichannel specialty retailer, a position she has held since 2015. Prior to joining Paper Source, Park served as evp/global marketing and e-commerce, of DFS Group Ltd., a luxury retailer, from 2012 to 2015. Prior to her roles at DFS, Park served as senior director, women’s merchandising for the Dockers brand for Levi Strauss & Co. and as director, global strategy for the Dockers brand.

“We are very pleased that Winnie Park is joining our board,” said Bob Sasser, Dollar Tree’s executive chairman. “Winnie’s knowledge and experience as both a retail CEO and an independent board member in the public retail sector are a welcomed addition to our board.”

Sasser added, “Since 2016, Dollar Tree has added six highly qualified independent directors to its board. We continue our multi-year effort to achieve a ‘fit-for-purpose’ board and seek to balance the benefits of gaining fresh perspectives and adding relevant retail skillsets. The board has been executing a waterfall strategy: a steady, measured approach to director retirements as newer board members continue to gain needed experience. Today’s announcement is an important step in carrying out that strategy.”