Dollar General Names John W. Garratt as Chief Financial Officer
Thu, 03 Dec 2015
Anita C. Elliott appointed Chief Accounting Officer
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--
Dollar General Corporation (NYSE:DG) today announced the promotion of
John W. Garratt to executive vice president and chief financial officer
(CFO), effective December 2, 2015. Garratt has served as Dollar
General’s interim CFO since June 2015 and previously served as its
senior vice president of finance and strategy since joining the Company
in October 2014.
Additionally, Anita C. Elliott, senior vice president and controller at
Dollar General since 2005, has been appointed chief accounting officer
(CAO). Elliott will report to Garratt in his role as CFO, effective
December 2, 2015.
“I’m pleased to announce John’s appointment to CFO. He is an
accomplished executive with significant financial experience. As interim
CFO, John has already played a key role as we look to implement our
zero-based budgeting process and execute our new store growth. We look
forward to his future contributions at Dollar General,” said Todd Vasos,
Dollar General’s chief executive officer.
Vasos continued, “During her ten years at Dollar General, Anita has
consistently demonstrated her leadership and accounting expertise. She
is uniquely qualified to serve as our CAO.”
Garratt will oversee all aspects of the Company’s financial and
information technology operations. Prior to joining Dollar General in
2014, Garratt held various positions of increasing responsibility in the
finance organization of Yum! Brands between May 2004 and October 2014,
and held leadership positions in corporate strategy and financial
planning. Most recently, he was vice president, finance and division
controller for KFC. Prior to Yum! Brands, Garratt served as Plant
Controller for Alcoa from April 2002 to May 2004. He also spent three
years with General Electric in various financial management roles with
increasing responsibility. He started his career at Alcoa where he
worked for approximately nine years from May 1990 to March 1999. Garratt
holds a bachelor’s degree in finance from Indiana University and an MBA
in finance and strategy from Carnegie Mellon University.
Prior to joining Dollar General in August 2005, Elliott served as vice
president and controller at Big Lots Inc. Previously, Elliott was vice
president and controller for Jitney-Jungle Stores of America, Inc., a
grocery retailer. Elliott is a certified public accountant. She also
practiced public accounting for 12 years, a portion of which was with
Ernst & Young, LLP. Elliott is a graduate of The College of William and
Mary, where she received both her Bachelor of Business Administration
and Master of Business Administration degrees.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for
over 75 years. Dollar General helps shoppers Save time. Save money.
Every day!® by offering products that are frequently used and
replenished, such as food, snacks, health and beauty aids, cleaning
supplies, basic apparel, housewares and seasonal items at low everyday
prices in convenient neighborhood locations. Dollar General operates
12,396 stores in 43 states as of October 30, 2015. In addition to high
quality private brands, Dollar General sells products from America’s
most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble,
Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s,
General Mills, and PepsiCo. For more information on Dollar General,
please visit www.dollargeneral.com.
Dollar General Corporation Investor Contacts: Mary Winn
Pilkington, 615-855-5536 Matt Hancock, 615-855-4811 or Media
Contacts: Dan MacDonald, 615-855-5209 Crystal Ghassemi,
615-855-5210
