Dollar Tree, Inc. has announced the appointment of Michael C. Creedon, Jr. as its permanent Chief Executive Officer. Creedon, who joined the company in 2022 as Chief Operating Officer, has been appointed after serving as interim CEO since November 2024, succeeding Rick Dreiling.
Creedon brings with him a wealth of experience, having spent nearly a decade at Advance Auto Parts, where he held various leadership positions, including Executive Vice President and President of its U.S. stores. Prior to that, he also held executive positions with Tyco International and ADT Security.
With his appointment, Creedon will now lead more than 200,000 associates and over 16,000 stores across Dollar Tree and Family Dollar banners. The company's Board of Directors expressed full confidence in Creedon's ability to guide the enterprise to growth and success, citing his deep understanding of the business, strategic vision, and collaborative leadership.
Dollar Tree, a Fortune 200 company, operated 16,590 stores across 48 states and five Canadian provinces as of November 2, 2024, under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.
Creedon's appointment marks a pivotal time for Dollar Tree, as he aims to focus on delivering long-term value to associates, customers, and shareholders while remaining rooted in strong values and operational excellence. His leadership comes as the company remains focused on unlocking its full potential. As a result of these announcements, the company's shares have moved 0.3% on the market, and are now trading at a price of $69.47. For more information, read the company's full 8-K submission here.
