Dollar Tree Proxy Statement Filed: Key Votes Ahead

TL;DR

Dollar Tree proxy out for June 20th meeting - vote on directors, exec pay, auditors.

AI Summary

Dollar Tree, Inc. filed its definitive proxy statement on May 7, 2024, for its annual meeting on June 20, 2024. The filing outlines proposals for the election of directors, advisory approval of executive compensation, and ratification of the independent registered public accounting firm. It also details executive compensation, board structure, and other corporate governance matters.

Why It Matters

This filing is crucial for shareholders as it details the company's governance, executive pay, and the proposals they will vote on at the upcoming annual meeting, impacting the company's direction and shareholder value.

Risk Assessment

Risk Level: low — This is a routine annual proxy filing detailing corporate governance and shareholder proposals, not indicating immediate operational or financial distress.

Key Numbers

• 20240620 — Annual Meeting Date (Shareholders will vote on key proposals at this meeting.)
• 20240507 — Filing Date (The date the definitive proxy statement was submitted to the SEC.)

Key Players & Entities

• DOLLAR TREE, INC. (company) — Registrant
• 20240620 (date) — Annual Meeting Date
• 20240507 (date) — Filing Date

FAQ

From the Filing

0001104659-24-057684.txt : 20240507 0001104659-24-057684.hdr.sgml : 20240507 20240507070036 ACCESSION NUMBER: 0001104659-24-057684 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 53 CONFORMED PERIOD OF REPORT: 20240620 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR TREE, INC. CENTRAL INDEX KEY: 0000935703 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 541387365 STATE OF INCORPORATION: VA FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-25464 FILM NUMBER: 24919528 BUSINESS ADDRESS: STREET 1: 500 VOLVO PARKWAY STREET 2: N/A CITY: CHESAPEAKE STATE: VA ZIP: 23320 BUSINESS PHONE: (757) 321-5000 MAIL ADDRESS: STREET 1: 500 VOLVO PARKWAY CITY: CHESAPEAKE STATE: VA ZIP: 23320 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE INC DATE OF NAME CHANGE: 20080328 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE STORES INC DATE OF NAME CHANGE: 19950117 DEF 14A 1 tm242970d2_def14a.htm DEF 14A tm242970-1_nonfiling - none - 27.8071824s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ​ ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ​ ☒ Definitive Proxy Statement ​ ☐ Definitive Additional Materials ​ ☐ Soliciting Material under §240.14a-12 ​ DOLLAR TREE, INC. ​ (Name of Registrant as Specified In Its Charter) ​ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required. ​ ☐ Fee paid previously with preliminary materials. ​ ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. ​ TABLE OF CONTENTS ​   LETTER TO OUR SHAREHOLDERS Dear Fellow Shareholders, You are cordially invited to join us for our 2024 virtual annual meeting of shareholders, which will be held online via webcast on Thursday, June 20, 2024, at 9:00 a.m. Eastern Time. The Notice of Annual Meeting of Shareholders and the Proxy Statement that follow describe the business to be conducted at the meeting. 2023 was a monumental year for Dollar Tree. While we have shared our progress with shareholders along the way, it is appropriate that we take a moment to highlight the work that has been accomplished by our Board and management team during this past year. Board Oversight of Transformational Change Starting in 2022 our Board has undergone a period of Board refreshment resulting in the addition of eight new directors with the unique skills and experience needed to transform the Dollar Tree business. One of the first activities of the Board was to identify and hire a new executive management team with the skills needed to drive change. The transition to the new executive leadership team was successfully completed in 2023. Under the leadership of the Chairman and Chief Executive Officer, our new management team is aligned with the Board’s objectives and focused on making improvements in our operations, our stores and the products offered to our customers. Store Portfolio Optimization Our stores serve communities across the United States and Canada providing the products that our customers need and want. To ensure that we are operating stores that meet our expectations and the expectations of our customers, we undertook a store portfolio optimization review in 2023. As part of that review, our Board and management team took a hard look at the performance of our stores under the Dollar