Gary M. Philbin served as CEO of Dollar Tree from September 2017 to July 2020. He has over 40 years of experience in the retail industry, having worked with top companies including Grand Union and Kroger. Under his leadership, Dollar...

Gary M. Philbin served as CEO of Dollar Tree from September 2017 to July 2020. He has over 40 years of experience in the retail industry, having worked with top companies including Grand Union and Kroger. Under his leadership, Dollar Tree focused on performance-based growth. In 2020, Philbin's total compensation was $2.7 million, consistent with his impact on the company's financial metrics. His journey began in operations, and he steadily climbed up in the retail world, showcasing a deep understanding of what drives store success. His decisions were guided by company performance metrics like revenue growth and operating income, which he emphasized during his tenure.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Dollar Tree CEOs

D

Gary M. Philbin

Ex-CEO of Dollar Tree

Education

Not specified

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Defensive

Born

January 1, 1963 - 62 years ago

CEO of Dollar Tree for

2 years 10 months (Sep 2017 - Jul 2020)

Previous Experience

Various roles at Dollar Tree including Senior Vice President of Stores.

Rivals

Competitors/colleagues of Gary M. Philbin

D

Todd J. Vasos

CEO of Dollar General

2023 Compensation

Stock

$0.00

Salary

$652.46K

Bonus

$0.00

Other

$375.11K

Total Holdings

$12.13M

W

C. Douglas McMillon

CEO of Walmart

2023 Compensation

Stock

$0.00

Salary

$1.47M

Bonus

$0.00

Other

$199.58K

Total Holdings

$433.19M

C

W. Craig Jelinek

CEO of Costco Wholesale

2022 Compensation

Stock

$3.42M

Salary

$1.15M

Bonus

$362.50K

Other

$55.36K

Total Holdings

$318.26M

K

W. Rodney McMullen

CEO of Kroger

2023 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$672.56K

Other

$921.37K

Total Holdings

$253.52M

B

Michael O'Sullivan

CEO of Burlington Stores

2023 Compensation

Stock

$0.00

Salary

$1.46M

Bonus

$0.00

Other

$15.12K

Total Holdings

$86.80M

D

Lauren R. Hobart

CEO of Dick's Sporting Goods

2023 Compensation

Stock

$10.67M

Salary

$1.31M

Bonus

$0.00

Other

$34.05K

Total Holdings

$51.78M

Holdings

See how much did Gary M. Philbin make over time.

During his time at Dollar Tree, Gary Philbin navigated various stock fluctuations. In 2019, he held as much as $13.8 million in stocks, but it started to drop after that. By early 2020, his holdings were down to around $10.7...

During his time at Dollar Tree, Gary Philbin navigated various stock fluctuations. In 2019, he held as much as $13.8 million in stocks, but it started to drop after that. By early 2020, his holdings were down to around $10.7 million. The most notable peak came in December 2020 when his holdings hit about $16.61 million. His stock values have been dynamic, reflecting changes in the company’s performance and market conditions, showing both volatility and recoveries in the retail space.

Total Stock Sold

$6.63M

DLTR

$6.63M

118,603 DLTR shares

What if they kept their stock?

If Gary M. Philbin didn't sell their stock, today they would have:
Extra DLTR118,603 shares worth $9.40M.
This is 41.66% and $2.76M more than what they got when they sold the stock.

Charitable Transactions

DLTR

51,550 shares

DLTR

Recent Charitable Transactions

DLTR

14,568 shares

DLTR

Dec 4, 2017

Charity

DLTR

11,513 shares

DLTR

Dec 5, 2016

Charity

DLTR

5,300 shares

DLTR

Jul 12, 2016

Charity

DLTR

14,669 shares

DLTR

Mar 9, 2016

Charity

DLTR

5,500 shares

DLTR

Mar 13, 2013

Charity

Insider Trading

See recent insider trades of Gary M. Philbin.

DLTR

$1.06M

DLTR at $110.00/share

Apr 24, 2019

Sale

DLTR

14,568 shares

DLTR

Dec 4, 2017

Charity

DLTR

$841.18K

DLTR at $84.54/share

Sep 13, 2017

Sale

DLTR

$236.18K

DLTR at $84.50/share

Sep 12, 2017

Sale

DLTR

11,513 shares

DLTR

Dec 5, 2016

Charity

DLTR

5,300 shares

DLTR

Jul 12, 2016

Charity

DLTR

$1.02M

DLTR at $81.81/share

Mar 15, 2016

Sale

DLTR

14,669 shares

DLTR

Mar 9, 2016

Charity

DLTR

$929.01K

DLTR at $83.53/share

Mar 16, 2015

Sale

DLTR

$1.30M

DLTR at $79.07/share

Mar 4, 2015

Sale

Compensation History

See how much did Gary M. Philbin make over time.

Gary Philbin's compensation during his time as CEO of Dollar Tree varied significantly with company performance. In 2018, he earned $2.75 million, including a bonus tied to the company's sales growth. In 2019, his earnings dropped to $950,000 as performance metrics were not reached, demonstrating the direct link between his pay and company results. By 2020, his total compensation grew to $2.7 million, thanks largely to a performance bonus, vested stock units, and other benefits. His pay has shown how leadership accountability works in publicly traded companies, where earnings depend on hitting key milestones and financial goals.

Year

2020

Total Compensation

$3.20M

Salary

$1.00M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on long-term shareholder value.

Bonus

$500.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and operating income for the fiscal year 2020.

Other

$200.00K

Board Justification

Other compensation includes retirement contributions and health benefits.

Restricted Stock

$1.50M(20K RSU)

Board Justification

The stock that vested in 2020 was part of the long-term incentive plan, which is based on performance over a three-year period.

Performance Metrics

Performance metrics include revenue growth, operating income, and total shareholder return.

Other Dollar Tree CEOs

Here are other CEOs of Dollar Tree

Bob Sasser

Ex-CEO of Dollar Tree

October 2007 - September 2017

Michael A. Witynski

Ex-CEO of Dollar Tree

July 2020 - January 2023