MONTREAL, July 10,
2023 /PRNewswire/ - Dollarama Inc. (TSX: DOL)
("Dollarama" or the "Corporation") today announced that J.P.
Towner, Chief Financial Officer, intends to step down from his
position in the coming months to pursue another career opportunity.
He will remain in his role to ensure a smooth transition, including
through the announcement and filing of the Corporation's Q2 FY2024
results.
"On behalf of the Board of Directors and the executive team, I
would like to thank J.P. for his contribution to Dollarama," said
Mr. Neil Rossy, President and Chief Executive Officer of
Dollarama. "It was a pleasure working with J.P. and we wish him the
very best in his next chapter."
"I am grateful to have had the opportunity to serve as CFO of an
outstanding business and Canadian success story. I have sincerely
enjoyed working with such a talented team," said Mr. Towner.
The Corporation has commenced a formal search process for a new
Chief Financial Officer.
Forward-Looking
Statements
This press release may contain forward-looking statements,
including the expected departure timeline and transition for the
Chief Financial Officer position. Forward-looking statements are
based on information currently available to us and on estimates and
assumptions made by us in light of current conditions and expected
future developments as well as other factors that we believe are
appropriate and reasonable in the circumstances. However, there can
be no assurance that such estimates and assumptions will prove to
be correct. Many factors could cause future events or developments
to differ materially from those expressed or implied by the
forward-looking statements, including, but not limited to, the
factors discussed in the "Risks and Uncertainties" section of the
Corporation's management's discussion and analysis (MD&A) for
the fiscal year ended January 29,
2023 and in its other continuous disclosure filings
(available on SEDAR at www.sedar.com).
About Dollarama
Dollarama is a recognized Canadian value retailer offering a
broad assortment of consumable products, general merchandise and
seasonal items both in-store and online. Our 1,507 locations across
Canada provide customers with
compelling value in convenient locations, including metropolitan
areas, mid-sized cities and small towns. Select products are also
available, by the full case only, through our online store at
www.dollarama.com. Our quality merchandise is sold at select fixed
price points up to $5.00.
Dollarama also owns a 50.1% interest in Dollarcity, a growing
Latin American value retailer. Dollarcity offers a broad assortment
of consumable products, general merchandise and seasonal items at
select, fixed price points up to US$4.00 (or the equivalent in local currency) in
448 conveniently located stores in El
Salvador, Guatemala,
Colombia and Peru.
www.dollarama.com
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SOURCE Dollarama Inc.