Dollar Tree Management
Management criteria checks 2/4
Dollar Tree's CEO is Rick Dreiling, appointed in Jan 2023, has a tenure of 1.42 years. total yearly compensation is $3.36M, comprised of 40.2% salary and 59.8% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth $839.09K. The average tenure of the management team and the board of directors is 1.5 years and 2.3 years respectively.
Key information
Rick Dreiling
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 40.2% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.003% |
| Management average tenure | 1.5yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 03 2024 | US$3m | US$1m | -US$998m |
| Oct 28 2023 | n/a | n/a | US$1b |
| Jul 29 2023 | n/a | n/a | US$1b |
| Apr 29 2023 | n/a | n/a | US$1b |
| Jan 28 2023 | US$137m | US$865k | US$2b |
Compensation vs Market: Rick's total compensation ($USD3.36M) is below average for companies of similar size in the UK market ($USD5.76M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Dreiling (71 yo)
1.4yrs
Tenure
US$3,360,766
Compensation
Mr. Richard W. Dreiling, also known as Rick, serves as Executive Chairman for Dollar Tree, Inc. since March 2022 and serves as its Chief Executive Officer since January 29, 2023. He had been a Director of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 1.4yrs | US$3.36m | 0.0033% $ 839.1k | |
| Chief Financial Officer | 1.7yrs | US$3.80m | 0.0043% $ 1.1m | |
| Chief Operating Officer | 1.7yrs | US$4.80m | 0.0014% $ 362.9k | |
| Chief Merchandising Officer | 4.5yrs | US$4.06m | 0.020% $ 5.2m | |
| Chief Merchandising Officer of Family Dollar Banner | 2.1yrs | US$3.56m | 0.0013% $ 321.7k | |
| Co-Founder | 38.4yrs | US$77.50k | no data | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Chief Information Officer | 1.9yrs | no data | 0.00038% $ 97.8k | |
| Senior Vice President of Investor Relations | 1.1yrs | no data | no data | |
| Chief Legal Officer & Secretary | less than a year | no data | no data | |
| Chief Ethics & Compliance Officer | less than a year | no data | no data | |
| Chief Development Officer | 1.4yrs | no data | no data |
1.5yrs
Average Tenure
61yo
Average Age
Experienced Management: 0IC8's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 2.3yrs | US$3.36m | 0.0033% $ 839.1k | |
| Independent Director | 2.3yrs | US$350.00k | 0.0029% $ 733.6k | |
| Lead Independent Director | 2.3yrs | US$410.00k | 0.000010% $ 2.6k | |
| Independent Director | 6.3yrs | US$340.00k | 0.0077% $ 2.0m | |
| Independent Director | 2.3yrs | US$320.00k | no data | |
| Independent Director | 2.3yrs | US$300.00k | 0.0087% $ 2.2m | |
| Independent Vice Chair of the Board | 2.3yrs | no data | 0.000050% $ 12.9k | |
| Independent Director | less than a year | US$225.82k | no data | |
| Independent Director | 2.3yrs | US$335.00k | 0.00046% $ 118.4k | |
| Independent Director | 6.4yrs | US$350.00k | 0.0013% $ 342.3k | |
| Independent Director | 3.5yrs | US$300.00k | 0.0018% $ 458.2k |
2.3yrs
Average Tenure
68yo
Average Age
Experienced Board: 0IC8's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.