Dollar Tree, Inc. (DLTR, Financial) has announced a significant change in its board of directors. On December 2, 2024, the company received notification from Winne Y. Park regarding her resignation as a director, effective immediately. Ms. Park has been a valued member of the board since December 2020. Her departure is not due to any disagreements with the company's operations, policies, or practices.
In response to this change, Dollar Tree's Board of Directors has amended the company's By-Laws. Effective December 3, 2024, the amendment to Article III, Section 2 of the By-Laws reduces the number of directors from ten to nine. This adjustment reflects the company's strategic decision to streamline its governance structure following Ms. Park's resignation.
These developments are part of Dollar Tree's ongoing efforts to maintain effective corporate governance and ensure the board's alignment with the company's strategic goals. Investors and stakeholders are encouraged to stay informed about further updates from Dollar Tree as the company continues to adapt to the evolving business landscape.
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