Ollie’s Bargain Outlet Holdings Inc. officially announced Tuesday that its board of directors named John Swygert as its new president, CEO and member of the board.

Mark Butler, founder and CEO of Ollie’s Bargain Outlet Holdings Inc., died Sunday, according to company officials. The 61-year-old passed away unexpectedly while spending the Thanksgiving holiday weekend with his family. The board of directors on Monday named John Swygert as interim president and CEO of the company. Swygert has served as executive vice president ...