DOLLAR TREE, INC. (NASDAQ:DLTR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On January 11, 2018, Dollar Tree, Inc. (the “Company”) appointed Stephanie Stahl to the Company’s Board of Directors, effective immediately. Ms. Stahl will serve for a term expiring at the next annual meeting of stockholders of the Company or until her successor is duly elected and qualified. Ms. Stahl will be eligible to receive compensation for her service on the Board of Directors consistent with that provided to all non-employee directors, which is described under the caption “Information about the Board of Directors-Director Compensation” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on May 5, 2017, as adjusted by the Board of Directors from time to time.
Ms. Stahl, age 51, currently owns and operates Studio Pegasus, LLC, an investment and advisory company focused on consumer sector digital start-ups, which she founded in 2015. Prior to founding Studio Pegasus, LLC, Ms. Stahl served as Executive Vice President, Global Marketing & Strategy of Coach, Inc. (2012-2015), Chief Executive Officer of Tracy Anderson Mind & Body, LLC (2010-2011), Executive Vice President, Chief Marketing Officer of Revlon Inc. (2003-2006), Partner and Managing Director of The Boston Consulting Group, Inc. (1998-2003), and Vice President, Strategy & New Business Development of Toys “R” Us, Inc. (1997). Ms. Stahl began her career as a Financial Analyst for Morgan Stanley & Co. Incorporated. Ms. Stahl currently serves on the Boards of Directors of Knoll, Inc. and Chopt Creative Salad Company.
The Board of Directors anticipates naming Ms. Stahl to serve on one or more committees of the Board of Directors, but at the time of this Form 8-K, the Board of Directors has not determined the committee(s) to which she will be named. The Company will file an amendment to this Form 8-K naming those committees once they are determined.
There was no arrangement or understanding between Ms. Stahl and any other person with respect to her appointment to the Board of Directors. There have been no transactions, nor are there any currently proposed transactions, in which the Company was or is to be a participant and in which Ms. Stahl, or any member of her immediate family, had, or will have, a direct or indirect material interest.
Item 7.01. Regulation FD Disclosure.
On January 16, 2018, the Company issued a press release announcing the foregoing appointment to Board of Directors of the Company. A copy of the press release is attached to this report as Exhibit 99.1 and is incorporated herein by this 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 to the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits.
99.1Press release dated January 16, 2018, issued by Dollar Tree, Inc.
DOLLAR TREE INC ExhibitEX-99.1 2 ex991pressreleasedirectora.htm EXHIBIT 99.1 DIRECTOR APPOINTMENT PRESS RELEASE Exhibit Exhibit 99.1Dollar Tree Appoints Stephanie Stahl to Its Board of DirectorsCHESAPEAKE,…To view the full exhibit click here
About DOLLAR TREE, INC. (NASDAQ:DLTR)
Dollar Tree, Inc. is an operator of discount variety stores. The Company operates approximately 13,851 discount variety retail stores. The Company’s segments include Dollar Tree and Family Dollar. The Dollar Tree segment operates discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in neighborhood stores. Its stores operate under the names of Dollar Tree, Family Dollar, Dollar Tree Canada, Deals and Dollar Tree Deals. The Dollar Tree segment includes its operations under the Dollar Tree, Dollar Tree Canada, Deals and Dollar Tree Deals brands, over 10 distribution centers in the United States and over two in Canada, and a Store Support Center in Chesapeake, Virginia. The Family Dollar segment consists of its operations under the Family Dollar brand, over 11 distribution centers and a Store Support Center in Matthews, North Carolina.
