Ollie's Bargain Outlet Holdings, Inc. Announces Executive Changes
February 28, 2020 at 06:38 am EST
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Ollie’s Bargain Outlet Holdings, Inc. announced that it has promoted Scott Osborne to Vice President of Store Operations, effective immediately. Mr. Osborne will report to John Swygert, President and Chief Executive Officer. Omar Segura, Senior Vice President of Store Operations, will remain at Ollie’s through May 1, 2020 to ensure a seamless transition prior to his retirement. Mr. Osborne has been with Ollie’s since April 2002, serving most recently as Regional Vice President of Stores. During his time with Ollie’s Mr. Osborne has held several roles of increased responsibility within store operations, including regional director of stores and district team leader, as well as roles in the loss prevention department. Mr. Osborne graduated from Towson State University in 2000 after serving in the United States Army, Special Operations, for eight years. On February 27, 2020, Omar Segura, age 58, the Company’s Senior Vice President, Store Operations, announced his intent to retire and separate from employment from Ollie’s Bargain Outlet Holdings, Inc. (the “Company”), effective as of the close of business on May 1, 2020. Mr. Segura will continue to serve in his respective capacity with the Company until his retirement date. There were no disagreements between the Company and Mr. Segura on any matter relating to the Company’s operations, policies or practices.
Ollie's Bargain Outlet Holdings, Inc. is a retailer of closeout merchandise and excess inventory. The Company principally buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers, distributors, brokers, and other retailers. Its warehouse format stores feature a number of categories, including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics, as well as other products, including hardware, candy, clothing, sporting goods, pet and lawn and garden products. It operates over 513 stores in 30 states. Its retail locations are located in Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, and West Virginia.
OLLIE'S BARGAIN OUTLET HOLDINGS, INC. 
