You are the owner of this article.

Ollie's founder dies unexpectedly

Ollie's Bargain Outlet

The founder, chairman of the board, president and CEO of Ollie's Bargain Outlet has died suddenly.

Mark Butler died Sunday while spending the Thanksgiving weekend with his family, said the board of directors in a news release.

Butler was 61.

"Mark was an exceptional entrepreneur, merchant, leader, philanthropist, friend and family man," said board member Richard Zannino on behalf of the entire board of directors. "From ringing the first sale in the first Ollie's store in Mechanicsburg, PA in 1982, to leading the company's highly profitable growth to 345 stores in 25 states, Mark built a successful and enduring retail concept, assembled an incredible team, created thousands of jobs and delivered millions of bargains to our customers, while delivering exceptional shareholder value along the way."

The board has named John Swygert as interim president and CEO, effective immediately. Swygert has been executive VP and COO since January 2018. Before that, he was Ollie's chief financial officer since 2004.

Shop Talk

What's new in the business community!

If you know of local business openings or closings, please notify us here.

· Chad Paul to retire as president and CEO of Ben Franklin Technology Partners of Northeastern Pennsylvania

· Rich Wuerthele will be Crayola's new CEO starting on January 16, 2020.

· Häagen-Dazs to open at Lehigh Valley Mall in 2020. It will join recently-opened eateries Johnny's Bagels & Deli, Auntie Anne's, Cinnabon, and Bōls

· Jean-Claude Dubacher has been appointed Chairman and Chief Executive Officer of B. Braun Medical Inc.

· Pepper Palace, a hot sauce shop with around 140 brands, is opening at Philadelphia Premium Outlets in Pottstown.

· Giant Food Stores opens Beer & Wine Eatery at Wind Gap store. Grand opening with beer and wine tastings on Dec. 6 from 5-7 p.m.

· Goodwill Keystone Area opened a new retail store and donation center at 2675 MacArthur Road in Whitehall Township. The center will be open Monday through Saturday, 9 a.m. to 9 p.m., and Sunday from 12 p.m. to 5 p.m.

· Kabab and Chutney, an Indian restaurant, recently opened on 3812 Easton-Nazareth HWY Easton. The hours are 11 a.m. to 2 p.m. and 5 p.m. to 9:30 p.m. Monday through Sunday (closed on Tuesday).

Get up-to-the-minute news sent straight to your device.

Topics

AP News Alerts

Forecast Updates

Breaking News