Dollar General CFO Garratt to retire By Reuters


© Reuters. FILE PHOTO: Dollar General shopping carts are seen outside a store in Mount Rainier, Maryland, U.S., June 1, 2021. REUTERS/Erin Scott

(Reuters) -Discount store chain Dollar General Corp (NYSE:) said on Monday its chief financial officer, John Garratt, would retire from his position effective June 2.

The company will “evaluate options” for its next CFO and is not currently conducting an external search, it said in a statement.

Garratt was named CFO in December 2015, a year after he joined the Tennessee-based company.

“While I look forward to spending more time with family, this was a difficult personal decision,” Garratt said.

Last week, rival Dollar Tree Inc (NASDAQ:) said Executive Chairman Richard Dreiling will replace Chief Executive Officer Mike Witynski, nearly a year after its settlement with an activist investor.

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