Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
·
until a successor begins serving, and will continue with the Company following such transition date untilApril 30, 2023 , during which time he will provide such transition or other duties as requested by the Company.Mr. Wampler's transition is not due to any disagreement with the Company on any matter relating to the Company's financial reporting, policies or practices. The Company is currently recruiting for a replacement forMr. Wampler .
· In addition, four executive officers ceased employment with the Company on
June 27, 2022 : William A. Old, Jr., Chief Legal Officer and Corporate Secretary;Thomas R. O'Boyle , Enterprise Chief Operating Officer;David A. Jacobs , Chief Strategy Officer; andJames A. (Andy) Paisley , Chief Information Officer. The four departing executives will each receive a severance of continued base salary for twenty-four (24) months and certain other benefits in accordance with the terms of their existing executive agreements. Long-term incentive awards will be governed by the terms of the existing plans and award agreements. The Company has named interim leaders who will assume the responsibilities of these positions until replacements are recruited, includingMr. Witynski who will serve as interim chief operating officer of the Company.
Item 7.01. Regulation FD Disclosure.
On
The information contained in this item, including that incorporated by
reference, is being furnished to the
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. 99.1 Press Release, datedJune 28, 2022 , issued byDollar Tree, Inc. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
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