Dollar Tree appoints Michael Creedon as CEO; base salary $1.3M, target incentive 150%, LTI $9M

DOLLAR TREE, INC.

Base salary increased to $1.3M; target annual incentive at 150% of base salary.
Expected FY2025 long-term incentive awards aggregate value of $9M.
Severance upon termination without cause: 24 months base salary lump sum, prorated bonus, up to 18 months COBRA.
New executive agreement includes non-compete, non-solicitation, and confidentiality covenants.
CEO appointment previously announced; compensation changes approved Jan 16, 2025, agreement signed Jan 21.

item 5.02 item 9.01

Executive movements

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Appointed

Michael C. Creedon, Jr.

Chief Executive Officer

DLTR · DOLLAR TREE, INC.

Filed: January 21, 2025, 6:59 PM ET

the appointment of Michael C. Creedon, Jr. as Chief Executive Officer of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael C. Creedon, Jr. was appointed as Chief Executive Officer at DOLLAR TREE, INC..

Action: appointment
Role: Chief Executive Officer

Exact text from the filing

the appointment of Michael C. Creedon, Jr. as Chief Executive Officer of the Company.

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DOLLAR TREE, INC. filing history →

Source: SEC EDGAR

accession 0000935703-25-000004

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