Dollar Tree, Inc. has announced an update regarding the anticipated divestiture of Family Dollar, which is set to become a standalone company. The transaction is expected to close in the second quarter of 2025, pending customary closing conditions. As part of the transition, Duncan MacNaughton will take on the role of Chairman and Chief Executive Officer of Family Dollar, while Jason Nordin will remain as President. This leadership team, praised for their strategic and operational expertise, is poised to guide Family Dollar towards a successful future as an independent entity.
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