Dollar General CFO to retire

Goodlettsville, Tenn. — Dollar General announced Thursday that David Tehle, executive VP and CFO, will retire from Dollar General effective July 1, 2015. The retailer has started a search for a successor and will consider both internal and external candidates for the job.



“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%," stated Rick Dreiling, Dollar General 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. While I am sad to see him leave, David is a good friend of mine and I am happy for him as he retires. We wish David and his family the best in the future.”



Prior to joining Dollar General in June 2004, Tehle spent seven years with Haggar Corporation as executive VP and CFO. He held leadership positions with several world leaders in manufacturing, including VP finance for The Stanley Works, Mechanics Tools Division, and VP finance and CFO for Hat Brands.