Dollar Tree announces board changes

CHESAPEAKE, Va. Dollar Tree announce that its shareholders have elected Conrad Hall, who had been previously appointed by the board, to serve on the board of directors. Shareholders also re-elected H. Ray Compton, Lemuel Lewis, and Bob Sasser, to serve on the board.

The company also announce the retirement of Richard Lesser. Lesser had served as a director on the company’s board since 1999. With Lesser’s retirement, the board now consists of eleven directors.

“Dick Lesser served with distinction on our board of directors for eleven years,” said Macon Brock, chairman. “His wealth of industry experience and valuable insights contributed to the growth of Dollar Tree. During his time on the Board, Dollar Tree has expanded into a Fortune 500 company with nearly 3,900 stores in 48 states and annual sales of more than $5.2 billion. In addition, his judgment, integrity and commitment to sound corporate governance have served our company’s shareholders very well. We wish him well in his future endeavors.”