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Ollie’s Bargain Outlet Announces Leadership Changes
Company Announcements

Ollie’s Bargain Outlet Announces Leadership Changes

Story Highlights
  • Ollie’s appointed Eric van der Valk as CEO, with John Swygert as Executive Chairman.
  • These leadership changes complete Ollie’s succession plan, boosting growth potential.
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The latest announcement is out from Ollie’s Bargain Outlet Holding ( (OLLI) ).

On February 3, 2025, Ollie’s Bargain Outlet Holdings announced leadership changes with John Swygert transitioning from CEO to Executive Chairman and Eric van der Valk promoted to President and CEO, effective February 2, 2025. This shift completes the company’s Leadership Succession Plan, enhancing its competitive positioning and growth potential in the retail industry.

More about Ollie’s Bargain Outlet Holding

Ollie’s Bargain Outlet Holdings, Inc. is America’s largest retailer of closeout merchandise and excess inventory, offering brand name products at discounted prices across various departments such as housewares, food, books, toys, and more. The company operates 562 stores across 31 states.

YTD Price Performance: 2.99%

Average Trading Volume: 1,156,669

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.83B

See more insights into OLLI stock on TipRanks’ Stock Analysis page.

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