Dollar General Corp. has announced that John Garratt, president and CFO intends to retire from his role at the company effective June 2, which it says will activate a “robust” succession plan.
As such, Dollar General noted that the company is evaluating options for its next CFO and is not currently conducting an external search.
Garratt joined Dollar General in 2014 as senior vp of finance and strategy and was named executive vp and CFO in December 2015, the company maintained. He has served as Dollar General president and CFO since September 2022.
“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, Dollar General’s CEO. “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.”