Dollar General Names New Chief Financial Officer

by Katie Lee

Goodlettsville, Tenn. — Dollar General Corporation has promoted John W. Garratt to executive vice president and chief financial officer (CFO). 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.

“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,” says Todd Vasos, Dollar General’s chief executive officer.

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. Most recently, he was vice president, finance and division controller for KFC.

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 CFO Garratt. Prior to joining Dollar General in August 2005, Elliott served as vice president and controller at Big Lots Inc.

Dollar General Corporation operates 12,396 stores in 43 states as of October 30, 2015. For more information, visit

SOURCE: Dollar General Corporation

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