Dive Summary:
- Popular North American discount variety stores Dollar Tree has announced it will promote its COO Gary Philbin. Philbin’s role will be expanded and has been appointed President and Chief Operating Office.
- Philbin has served as the company’s COO since 2007. Bob Sasser will continue to lead the company as Chief Executive Office.
- Dollar Tree is a Fortune 500 company which operates in 47 U.S. states and five Canadian provinces, for a total retail space of nearly 41.2 million sq. ft.
From the article:
"I am thrilled to have Gary assume this new role," said Bob Sasser. "As Chief Operating Officer, he has demonstrated outstanding leadership and superb business judgment, and he has been a major contributor to our growth and success. Among his many notable achievements are the improvement of Dollar Tree customer satisfaction and shopping experience and the integration of our Canadian stores."
