Chesapeake, Virginia-based Dollar Tree has hired Jeffrey A. Davis as chief financial officer.
“For many years, Jeff has been recognized as a strong and collaborative retail business partner, driving superior financial and operational results,” said Mike Witynski, president and CEO.
“Jeff has a proven track record of strategic leadership, and building and developing talented teams. I believe his skill set and experiences are the perfect fit for Dollar Tree, as we continue to fill key executive roles and execute on the transformation of our company.”
From 2006-18, Davis served in a number of financial leadership roles, including treasurer of Walmart Stores Inc., SVP of finance and strategy and CFO for Walmart’s U.S. Segment, CFO of J. C. Penney Company and CFO of Darden Restaurants.
He most recently served as CFO of Qurate Retail Group, a retailer and media conglomerate comprised of seven retail brands including QVC, HSN and Zulily, since October 2018.
“Jeff joins John Flanigan, Larry Gatta and Bobby Aflatooni, recent key executive additions, leading supply chain, Family Dollar merchandising and information technology, to the Dollar Tree team. I look forward to announcing new leaders as we continue to develop our leadership team to accelerate the growth and transformation of our company,” Witynski said.
Kevin Wampler will transition out of his role as CFO and is expected to remain with the company as an advisor until April to ensure a smooth transition.
“I look forward to joining Dollar Tree at such a pivotal time in the company’s journey. Dollar Tree has a long and unique history in value retail,” Davis said. “My team will be focused on supporting the company’s strategy development and execution, and delivering insights and action plans to support efficient operations and create shareholder value. The company has a strong balance sheet and a tremendous opportunity for growth.”
Dollar Tree operated 16,231 stores across 48 states and five Canadian provinces as of July 30. Stores operate under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada.
To learn more about the company, visit dollartree.com.
