Dollar Tree gives Coble expanded role

By Staff -- Home Textiles Today, 4/1/2004 12:00:00 AM

CHESAPEAKE, Va. — Dollar Tree Stores Inc. is moving Frederick Coble, chief financial officer and corporate secretary, to the newly expanded position of corporate secretary later this year, after an orderly transition.

The company is launching a nationwide search for a new chief financial officer, with plans to complete the search before Coble's transition to the new position.

"Eric has played a significant role in building Dollar Tree Stores into a national company and the retail leader in the single price point category," CEO Bob Sasser said. "The company has strong operating momentum, a solid balance sheet and a consistent history of earnings growth. Eric will continue to serve the company as CFO and help us identify a talented successor over the next few months. In addition to his role as corporate secretary, he will serve as a resource for special projects and analysis as we continue to grow."