Dollar General Announces Upcoming Retirement of John Garratt; Jeff Owen Comments
GOODLETTSVILLE, TN - As one door closes, another one opens, and for Dollar General President and Chief Financial Officer John Garratt, that new door leads to retirement. Effective June 2, 2023, the leader will be stepping down from his role, ushering in a successor, which the retailer is currently searching for.
“I am grateful for the opportunity I have had to serve our customers and communities during my time with this great company,” said Garratt. “While I look forward to spending more time with family, this was a difficult personal decision as this is truly a special company. I am excited to watch all that the team accomplishes in the future and believe that Dollar General is well-positioned for continued growth in the years ahead.”
Garratt joined the Dollar General team in 2014 as its Senior Vice President of Finance and Strategy before being named Executive Vice President and CFO in December 2015. According to a release, he has served in his current position since September 2022.
During his time as CFO, Garratt oversaw the finance, accounting, investor relations, treasury, and procurement functions. He led a disciplined approach to expense and capital management, focusing on delivering strong, consistent financial performance.
Additionally, he helped to establish the company’s current strategy function, offering direction in the process that resulted in initiatives that have driven significant growth for Dollar General in recent years.
“John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” said Jeff Owen, Chief Executive Officer. “On behalf of the entire DG family, I want to thank John for his many years of service to the Company, its employees, customers, and shareholders. His exceptional business and financial acumen, coupled with his strategic vision, have positioned the Company for profitable growth. We appreciate all that John has accomplished on behalf of DG, and we wish him the very best in his retirement.”
Cheers to John Garratt on a successful career!