GOODLETTSVILLE, Tenn. — Dollar General Corp. has promoted chief financial officer John Garratt to the additional role of company president, effective September 1. He will continue to serve as CFO.
Garratt, 53, will remain responsible for the company’s finance, accounting, strategy and procurement functions. As president, Garratt will add responsibility for the company’s strategic healthcare initiative 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 Jeff Owen, Dollar General’s chief operating officer. “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.”
Prior to joining Dollar General, Garratt held various positions of increasing responsibility at Yum! Brands from 2004 through 2014, serving as vice president, finance and division controller for KFC and holding leadership positions in corporate strategy and financial planning. Prior to Yum! Brands, Garratt was a plant controller for Alcoa and also spent three years with General Electric in various financial management roles. Garratt holds a bachelor’s degree in finance from Indiana University and an MBA in finance and strategy from Carnegie Mellon University.