Dollar Tree’s CEO Rick Dreiling Steps Down. The Stock Rises.

Dollar Tree’s CEO Rick Dreiling Steps Down. The Stock Rises.·Barrons.com

Dollar Tree stock rose Monday afternoon after the company reaffirmed its fiscal third-quarter outlook and said CEO Rick Dreiling has stepped down from his role. Dreiling left the job on Sunday, the company said. Michael Creedon Jr., Dollar Tree’s chief operating officer, has been appointed interim CEO, and the board of directors is looking for a permanent successor.

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