Dollar General CFO To Retire

by Katie Lee

Goodlettsville, Tenn. — David Tehle, executive vice president and chief financial officer of Dollar General Corporation, will retire on July 1, 2015. Prior to joining Dollar General in June 2004, Tehle spent 7 years with Haggar Corporation as executive vice president and CFO.

“David has served as our CFO for nearly 11 years as Dollar General’s annual revenue grew from $7.7 billion to $18.9 billion and our store count grew 61%,” says Rick Dreiling, chairman and CEO. “His financial acumen, partnership and leadership have been instrumental in transforming Dollar General. During his tenure, David played a key role in Dollar General’s going private transaction in 2007 and our return to the public equity markets in 2009.”

Dollar General has started a search for a successor and will consider both internal and external candidates for the job.

With 11,789 stores in 40 states as of January 30, 2015, Dollar General has more retail locations in the U.S. than any other discount retailer. For more information, visit www.dollargeneral.com.

SOURCE: Dollar General Corporation

You may also like