Dollar General Promotes John Garratt To EVP & CFO - Quick Facts

(RTTNews) - Dollar General Corp. (DG) announced the promotion of John Garratt to executive vice president and chief financial officer, effective December 2, 2015. Garratt has served as Dollar General's interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since joining the Company in October 2014.

Additionally, Anita Elliott, senior vice president and controller at Dollar General since 2005, has been appointed chief accounting officer (CAO). Elliott will report to Garratt in his role as CFO, effective December 2, 2015.

Garratt will oversee all aspects of the Company's financial and information technology operations. Prior to joining Dollar General in 2014, Garratt held various positions of increasing responsibility in the finance organization of Yum! Brands between May 2004 and October 2014, and held leadership positions in corporate strategy and financial planning. Most recently, he was vice president, finance and division controller for KFC.

Prior to Yum! Brands, Garratt served as Plant Controller for Alcoa from April 2002 to May 2004. He also spent three years with General Electric in various financial management roles with increasing responsibility. He started his career at Alcoa where he worked for approximately nine years from May 1990 to March 1999.

Prior to joining Dollar General in August 2005, Elliott served as vice president and controller at Big Lots Inc. Previously, Elliott was vice president and controller for Jitney-Jungle Stores of America, Inc., a grocery retailer.

Dollar General also announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.22 per share on the Company's common stock. The dividend will be payable on January 6, 2016 to shareholders of record at the close of business on December 23, 2015.