Veteran MacNaughton Has Been Reappointed by Dollar Tree as CEO for spun-off Family Dollar
From Yahoo Finance: 2025-05-20 21:31:00
Duncan MacNaughton is reappointed as CEO of Family Dollar, being sold by Dollar Tree for $1 billion. Brigade Capital Management and Macellum Capital Management lead the deal closing in Q2 2025. The sale follows Dollar Tree’s 2015 acquisition of Family Dollar for $9 billion, facing operational challenges and competition since.
The $1 billion sale price reflects Family Dollar’s struggles and significant value drop since 2015. MacNaughton’s return aims to provide stable leadership as the company transitions under private equity ownership. Stock is up over 18% in 2025. Dollar Tree’s future growth potential is noted, but some AI stocks may offer higher returns with limited risk. Check out a report on a promising AI stock with 100x upside potential.
Veteran retail executive MacNaughton was previously Family Dollar’s CFO until 2019 and has held positions at Walmart. His reappointment as CEO comes as Dollar Tree’s Family Dollar undergoes an ownership shift following the split in March 2025, ending a search for buyers.
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