Dreiling Named CEO of Dollar Tree

There’s a change at the top at Dollar Tree as CEO Mike Witynski is down from the board and leaving the company. Current Executive Chairman Rick Dreiling will expand his role and assume the CEO position effective Jan. 29. 

Dreiling has a track record of creating shareholder value with more than 50 years of retail experience at all operating levels, including expanding the footprint and offerings of several well-known retailers and leading the successful transformation of others.

“We greatly appreciate Mike’s contribution over his career with Dollar Tree, which included the acquisition and integration of Family Dollar, navigating COVID, and contributing to the company’s current transformation strategy,” said Dreiling. “Dollar Tree will continue to thrive, grow and win in the marketplace in this next chapter, and I’m thrilled for the opportunity to work with the extraordinary Dollar Tree team to advance our focus on delighting customers, associates and other key stakeholders.”

“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.”

The company’s operations continue to track consistent with its expectations, and the leadership team will report earnings on Wednesday, March 1.