{"id":807732,"date":"2025-02-03T08:07:35","date_gmt":"2025-02-03T13:07:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\/"},"modified":"2025-02-03T08:07:35","modified_gmt":"2025-02-03T13:07:35","slug":"ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\/","title":{"rendered":"Ollie\u2019s Bargain Outlet Announces the Appointment of\u00a0Eric van der Valk to President &amp; Chief Executive Officer, Completing Leadership Succession Plan"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">HARRISBURG, Pa., Feb.  03, 2025  (GLOBE NEWSWIRE) &#8212; Ollie\u2019s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the \u201cCompany\u201d) today announced the appointment of Eric van der Valk to President &amp; Chief Executive Officer, effective February 2, 2025. In connection with his appointment to CEO, Eric van der Valk has also been added to the Company\u2019s Board of Directors, thereby increasing the total number of directors to ten from nine. In conjunction with this, John Swygert has been appointed to Executive Chairman of the Board. These transitions complete the Company\u2019s Leadership Succession Plan, which was previously announced in June 2024.<\/p>\n<p align=\"justify\">Eric van der Valk commented, \u201cI am honored to continue to serve our associates, customers, and business partners as the next CEO of Ollie\u2019s. I appreciate John\u2019s mentorship and the trust he and the Board have placed in me to lead the continued growth of our company. It\u2019s truly a privilege to work with the most talented and committed team in this business. I look forward to delivering the thrill of shopping for GOOD STUFF CHEAP to millions of customers in the years to come.\u201d<\/p>\n<p align=\"justify\">John Swygert commented, \u201cIt\u2019s been an amazing 20 plus years, and I would like to thank each and every team member that has been part of our family. Ollie\u2019s is a truly special company that was founded by passionate individuals who kept things simple and stayed true to their business model of selling Real Brands! Real Bargains! While extremely proud of what we have accomplished so far, I am even more excited about Ollie\u2019s growth potential and competitive positioning going forward. Eric\u2019s unique background and experience makes him the perfect candidate to lead Ollie\u2019s as we remain committed to continue to grow our business and deliver strong returns to our shareholders.\u201d<\/p>\n<p align=\"justify\">On behalf of Ollie\u2019s Board, Rich Zannino, its lead independent director, said, \u201cToday\u2019s appointments are the culmination of years of work on succession planning by the Board. During Eric\u2019s time at Ollie\u2019s, he has led foundational changes that have not only driven execution and results but also positioned Ollie\u2019s for sustainable long-term growth. His closeout, deep discount, merchandising and operational experience make him the ideal candidate to succeed John as President &amp; CEO.\u201d<\/p>\n<p align=\"justify\">Mr. Zannino continued, \u201cOn behalf of the Board and all Ollie\u2019s shareholders, I would like to thank John for his leadership over an incredible 20 plus year career where Ollie\u2019s delivered nearly unparalleled profitable growth in the retail industry. The Board is excited to continue working closely with John and Eric as they assume their new roles.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Ollie\u2019s<br \/><\/strong>We are America\u2019s largest retailer of closeout merchandise and excess inventory, offering Real Brands and Real Bargain prices\u00ae! We offer extreme value on brand name products in a variety of departments, including housewares, food, books and stationery, bed and bath, floor coverings, toys, health and beauty aids, and more. We currently operate 562 stores in 31 states and growing! For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ssSzp455pWY8MbnyV5cjlEtYPb2K3omiPqQDUgDH0KzR-Ho0gAUGmKycaxzJEPEfavnaxbJAafbN2kyI2L5qpQ==\" rel=\"nofollow\" target=\"_blank\"><u>www.ollies.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Investor Contact: <\/strong><br \/>\n        <br \/>John Rouleau<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L8qo3UqQB7oKXwLQUyJJIaenlrrH2-_y6Pt6XGGuUbHaFlBbA2f7sJyhgzttUP7DOPAh82bUAWXovy-Xq2NF0Y2GWUs7GbsF4L3klrntBPY=\" rel=\"nofollow\" target=\"_blank\"><u>JRouleau@ollies.us<\/u><\/a><\/p>\n<p align=\"justify\">\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Tom Kuypers<br \/>Senior Vice President \u2013 Marketing &amp; Advertising<br \/>717-657-2300 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RkycwAloLAN4YHFS0QO0tYlxFnHMYCdLMqrcEsYHNrjlbYc14Y8AcRzI3aHZbadRv_JFqHqK0RvpPcc7x0QqEePYAoI8aCZaVB-VgN_tst8=\" rel=\"nofollow\" target=\"_blank\"><u>tkuypers@ollies.us<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MTMxNyM2NzMwNTkyIzIwMTg4MDg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDQwYjEzZGMtNDlmOC00M2YwLThhMDQtOTIyOTg2ZjhiNGJjLTEwMzAzODE=\/tiny\/Ollie-s-Bargain-Outlet-Holding.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HARRISBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) &#8212; Ollie\u2019s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the \u201cCompany\u201d) today announced the appointment of Eric van der Valk to President &amp; Chief Executive Officer, effective February 2, 2025. In connection with his appointment to CEO, Eric van der Valk has also been added to the Company\u2019s Board of Directors, thereby increasing the total number of directors to ten from nine. In conjunction with this, John Swygert has been appointed to Executive Chairman of the Board. These transitions complete the Company\u2019s Leadership Succession Plan, which was previously announced in June 2024. Eric van der Valk commented, \u201cI am honored to continue to serve our associates, customers, and business partners as the next CEO &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ollie\u2019s Bargain Outlet Announces the Appointment of\u00a0Eric van der Valk to President &amp; Chief Executive Officer, Completing Leadership Succession Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-807732","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ollie\u2019s Bargain Outlet Announces the Appointment of\u00a0Eric van der Valk to President &amp; Chief Executive Officer, Completing Leadership Succession Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ollie\u2019s Bargain Outlet Announces the Appointment of\u00a0Eric van der Valk to President &amp; Chief Executive Officer, Completing Leadership Succession Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HARRISBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) &#8212; Ollie\u2019s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the \u201cCompany\u201d) today announced the appointment of Eric van der Valk to President &amp; Chief Executive Officer, effective February 2, 2025. In connection with his appointment to CEO, Eric van der Valk has also been added to the Company\u2019s Board of Directors, thereby increasing the total number of directors to ten from nine. In conjunction with this, John Swygert has been appointed to Executive Chairman of the Board. These transitions complete the Company\u2019s Leadership Succession Plan, which was previously announced in June 2024. Eric van der Valk commented, \u201cI am honored to continue to serve our associates, customers, and business partners as the next CEO &hellip; Continue reading &quot;Ollie\u2019s Bargain Outlet Announces the Appointment of\u00a0Eric van der Valk to President &amp; Chief Executive Officer, Completing Leadership Succession Plan&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-03T13:07:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MTMxNyM2NzMwNTkyIzIwMTg4MDg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ollies-bargain-outlet-announces-the-appointment-of-eric-van-der-valk-to-president-chief-executive-officer-completing-leadership-succession-plan\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ollie\u2019s Bargain Outlet Announces the Appointment of\u00a0Eric van der Valk to President &amp; 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(NASDAQ: OLLI) (the \u201cCompany\u201d) today announced the appointment of Eric van der Valk to President &amp; Chief Executive Officer, effective February 2, 2025. In connection with his appointment to CEO, Eric van der Valk has also been added to the Company\u2019s Board of Directors, thereby increasing the total number of directors to ten from nine. In conjunction with this, John Swygert has been appointed to Executive Chairman of the Board. These transitions complete the Company\u2019s Leadership Succession Plan, which was previously announced in June 2024. 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