Dollar General Corporation Announces John Garratt’s Intent to Retire
January 30, 2023
President and Chief Financial Officer to Retire effective June 2, 2023
Dollar General Corporation (NYSE: DG) today announced John Garratt’s intent to retire from his position as President and Chief Financial Officer (CFO) effective June 2, 2023. Taking into account its robust succession plans, Dollar General will evaluate options for its next CFO and is not currently conducting an external search.“John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” said Jeff Owen, Dollar General’s Chief Executive Officer. “On behalf of the entire DG family, I want to thank John for his many years of service to the Company, its employees, customers and shareholders. His exceptional business and financial acumen coupled with his strategic vision have positioned the Company for profitable growth. We appreciate all that John has accomplished on behalf of DG and we wish him the very best in his retirement.”
Garratt joined Dollar General in 2014 as Senior Vice President of Finance & Strategy and was named Executive Vice President and CFO in December 2015. He has served as DG’s President and CFO since September 2022. During Garratt’s tenure as CFO, he oversaw the finance, accounting, investor relations, treasury, and procurement functions, leading a disciplined approach to expense and capital management with a focus on delivering strong and consistent financial performance. In addition, he partnered in establishing the Company’s current strategy function, providing direction to the process that resulted in many of the strategic initiatives that have driven significant growth for the company in recent years.
“I am grateful for the opportunity I have had to serve our customers and communities during my time with this great company,” said Garratt. “While I look forward to spending more time with family, this was a difficult personal decision as this is truly a special company. I am excited to watch all that the team accomplishes in the future and believe that Dollar General is well-positioned for continued growth in the years ahead.”
Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of March 3, 2023, the company’s 19,147 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever. Learn more at DollarGeneral.com.