Dollar General appoints new president, chief financial officer
Dollar General has promoted John Garratt to the role of president and chief financial officer effective Sept. 1.
Garratt will retain his role as chief financial officer, which includes oversight of the company’s finance, accounting, strategy and procurement functions. As president, he will add responsibilities for the company’s strategic initiative relating to health care and its international expansion to Mexico. Garratt joined Dollar General in 2014 as senior vice president of finance and strategy, and has served as executive vice president and CFO since December 2015.
“John is an accomplished leader with exceptional business and financial acumen, as well as the strategic vision to support Dollar General’s long-term growth opportunities, and his appointment to president enhances our management structure as we continue to differentiate and distance Dollar General from the rest of the discount retail landscape,” said CEO Jeff Owen. “John is a trusted leader who embodies our mission of serving others, and I am confident his future contributions will further support our customers and communities, as well as the underlying strength of Dollar General’s business.”
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Prior to joining Dollar General, Garratt had various positions of increasing responsibility at Yum! Brands from 2004 to 2014, serving as vice president of finance and division controller at KFC and holding leadership positions in corporate strategy and financial planning. Prior to Yum! Brands, he served as plant controller at Alcoa and also spent three years at General Electric in various financial management roles. Garratt has a bachelor’s degree in finance from Indiana University and a master of business administration in finance and strategy from Carnegie Mellon University.
Garratt currently serves on the board of directors of Louisville, Ky.-based Humana. He also serves on the board of directors of the Federal Reserve Bank of Atlanta and the American Red Cross Tennessee region board of directors.