As part of a planned leadership transition, Dollar Tree has promoted Michael Witynski, the company’s enterprise president, to president and CEO.
The move came as Gary Philbin, who has been president and CEO, retires. Philbin joined Dollar Tree in 2001 as svp/stores and became CEO in 2017. He will remain with the company as an executive and a board of directors member through September 23.
Bob Sasser, Dollar Tree executive chairman, said, “Mike is a proven leader, having joined the company in 2010 as svp/stores and rising to president and COO of Dollar Tree Stores in 2017. He was then promoted to enterprise president in 2019, where he was responsible for leading the merchandising, store operations and supply chain functions for both the Dollar Tree and Family Dollar brands. Under Mike’s leadership, we have driven outstanding performance, first at Dollar Tree and most recently at Family Dollar. He helped put in place a broad range of operational and talent initiatives to position our company for an even more successful future, as witnessed by the recent successes at Family Dollar. I am delighted to have Mike Witynski step into this new leadership role.”
Sasser added, “The board and I are grateful to Gary Philbin for his steadfast commitment and tireless efforts over nearly two decades to help make Dollar Tree the company it is today. Gary’s leadership as CEO brought our banners together as one company in Chesapeake. Through his efforts, we have a succession plan in place to ensure the smoothest possible leadership transition. On behalf of the board, his colleagues and our associates, we thank Gary and wish him all the best in his well-deserved retirement.”