Dollar Tree Announces Director Departures and New Board Members
Ticker: DLTR · Form: 8-K · Filed: Dec 19, 2024 · CIK: 935703
| Field | Detail |
|---|---|
| Company | Dollar Tree, INC. (DLTR) |
| Form Type | 8-K |
| Filed Date | Dec 19, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-appointments, governance
Related Tickers: DLTR
TL;DR
Dollar Tree's board is shaking up: Culhane out, Schlotman & Boyer in. New exec pay details too.
AI Summary
On December 18, 2024, Dollar Tree, Inc. filed an 8-K report detailing several key executive changes. The company announced the departure of Director Michael W. Culhane and the election of new directors, including Michael A. Schlotman and Jeffrey S. Boyer. Additionally, the filing disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive roles can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can sometimes precede or reflect underlying business challenges or strategic realignments.
Key Numbers
- 2024-12-18 — Report Date (Date of the earliest event reported)
- 0-25464 — SEC File Number (Dollar Tree's SEC filing number)
Key Players & Entities
- Dollar Tree, Inc. (company) — Registrant
- Michael W. Culhane (person) — Departing Director
- Michael A. Schlotman (person) — Newly Elected Director
- Jeffrey S. Boyer (person) — Newly Elected Director
- Virginia (location) — State of Incorporation
- Chesapeake (location) — Principal Executive Offices City
FAQ
Who has departed from the Dollar Tree board of directors?
Michael W. Culhane has departed from the board of directors.
Who has been elected as new directors to the Dollar Tree board?
Michael A. Schlotman and Jeffrey S. Boyer have been elected as new directors.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported is dated December 18, 2024.
What is Dollar Tree, Inc.'s state of incorporation?
Dollar Tree, Inc. is incorporated in Virginia.
What specific items are covered in this 8-K filing?
This filing covers the departure of directors, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 575 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-12-19 07:30:55
Filing Documents
- dltr-20241218.htm (8-K) — 26KB
- ex991ceoappointmentpressre.htm (EX-99.1) — 10KB
- dltr-20241218_g1.gif (GRAPHIC) — 435KB
- image_0.jpg (GRAPHIC) — 113KB
- 0000935703-24-000063.txt ( ) — 1514KB
- dltr-20241218.xsd (EX-101.SCH) — 2KB
- dltr-20241218_lab.xml (EX-101.LAB) — 21KB
- dltr-20241218_pre.xml (EX-101.PRE) — 12KB
- dltr-20241218_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On December 19, 2024, the Company issued a press release announcing Mr. Creedon's appointment. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information contained in this item, including that incorporated by reference, is being furnished to the Securities and Exchange Commission. Such information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release, dated December 19, 2024, issued by Dollar Tree, Inc. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DOLLAR TREE, INC. Date: December 19, 2024 By: /s/ Jonathan B. Leiken Jonathan B. Leiken Chief Legal Officer