Dollar Tree has promoted Gary Philbin to enterprise president and appointed Duncan Mac Naughton as president and chief operating officer of the Family Dollar business.
Philbin was Family Dollar president and COO, supervising the development of strategic initiatives and the successful achievement of budgetary, synergy and transition goals following that company’s acquisition by Dollar Tree in 2015.
Mac Naughton was CEO of Mills Fleet Farm and, prior to that, chief merchandising and marketing officer for Wal-Mart U.S. from 2011 to 2014.
“I am extremely pleased to have Gary assume this important role for our organization,” said Bob Sasser, Dollar Tree CEO. “Since joining Dollar Tree in 2001 as senior vice president of stores and later as president and chief operating officer, Gary has played an integral role in our growth, success and sector-leading profitability. With his experience at Dollar Tree, Dollar Tree Canada and most recently his outstanding leadership as president of Family Dollar, Gary is uniquely positioned to contribute to our continued success in his new role as enterprise president.”
Sasser added, “I look forward to working with Duncan as we continue to develop the Family Dollar banner to its highest level of productivity. Just as we have done at Dollar Tree, our goal is to serve the Family Dollar customer with terrific merchandise values in stores that offer a bright, fun and friendly shopping environment. Duncan brings a tremendous amount of experience, retail acumen and energy to our Family Dollar brand and to the entire Dollar Tree organization. With his extensive leadership experience in the discount retail industry, Duncan can immediately make important contributions to our organization.”
