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GOODLETSVILLE, Tenn. — Dollar General Corp. president and chief financial officer John Garratt intends to retire from his position effective June 2.
“John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” Dollar General CEO Jeff Owen said. “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.”
Garratt joined Dollar General in 2014 as Senior Vice President of Finance & Strategy and was named Executive Vice President and CFO in December 2015. He has served as DG’s President and CFO since September 2022. During Garratt’s tenure as CFO, he oversaw the finance, accounting, investor relations, treasury, and procurement functions, leading a disciplined approach to expense and capital management with a focus on delivering strong and consistent financial performance. In addition, he partnered in establishing the Company’s current strategy function, providing direction to the process that resulted in many of the strategic initiatives that have driven significant growth for the company in recent years.
“I am grateful for the opportunity I have had to serve our customers and communities during my time with this great company,” said Garratt. “While I look forward to spending more time with family, this was a difficult personal decision as this is truly a special company. I am excited to watch all that the team accomplishes in the future and believe that Dollar General is well-positioned for continued growth in the years ahead.”
Dollar General said it has robust succeession plans in place and will evaluate its options for finding its next CFO. The company is not currently conducting an external search.