Dollar Tree has made several changes to its organizational structure and leadership team designed to enhance the company’s execution of its strategy and improve operational performance at its Dollar Tree and Family Dollar business segments.
Michael Witynski has been promoted to enterprise president of Dollar Tree, Inc. and will lead the merchandising, store operations, and supply chain functions for Dollar Tree and Family Dollar. His principal focus will be on improving enterprise-wide operational efficiency and reducing distribution costs across both store brands. Witynski will continue to report to Gary Philbin, CEO of Dollar Tree.
Richard McNeely has been promoted to chief merchandising officer of Dollar Tree, Inc., and will lead the merchandising, marketing, and global sourcing functions for Dollar Tree and Family Dollar. His primary focus will be on improving enterprise-wide merchandising margins while improving value for the customer. McNeely reports to Witynski.
Thomas O’Boyle, Jr. has been promoted to chief operating officer of Dollar Tree, Inc., and will lead the store operations and real estate functions for Dollar Tree and Family Dollar. Among other things, he will be focused on optimizing real estate, improving customer experience, and addressing recent issues around inventory shrink. O’Boyle will report to Witynski.
“These and other actions we are taking are designed to increase enterprise-wide focus and accountability,” said Philbin. “With Mike, Rick and Tom, we will have our senior-most talent working together across the platform with more urgency to move the needle on metrics that will help us deliver greater value for our shareholders and customers.”
Philbin added, “Mike Witynski has been a key executive in driving performance across the organization. In particular, Mike has led the Store Excellence operational initiatives and merchandising programs to drive sales and margin, and has been hands-on in managing our tariff mitigation efforts the past eighteen months. His promotion to enterprise president will continue our progression of elevating our customer-facing efforts in merchandising and operations.”
Additionally, Duncan Mac Naughton, president of Family Dollar, is leaving the company.