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Reuters

Dollar Tree to replace CFO, other top executives

Under the settlement, Dollar Tree added seven new directors including former Dollar General Corp Chief Executive Officer Rick Dreiling and Mantle Ridge founder Paul Hilal. Mantle Ridge, among the company’s largest investors, in December pushed for the board “refresh” and a review of its business strategy, saying the stock price was then lagging competition. Wampler, who has been Dollar Tree’s chief financial offer for nearly 14 years, will exit the role once a successor is named and stay with the company as an adviser till April 2023.

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