Monday, December 02 2019
National Desk and WBAL NewsRadio 1090/FM 101.5
The founder, CEO and president of Ollie's Bargain Outlet died suddenly on Sunday after spending Thanksgiving with his family.
Mark Butler was 61 years old.
"Mark was an exceptional entrepreneur, merchant, leader, philanthropist, friend and family man," said board member Richard Zannino in a statement.
"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 statement said.
"We will dearly miss Mark and extend our heartfelt sympathy and condolences to Mark's entire family," the statement said.
Butler was also the principal owner of the Harrisburg Senators and chairman of the Cal Ripken Sr. Foundation.
John Swygert will take over as interim president and CEO. Swygert is the company's executive vice president and chief operating officer.