Ollie’s Bargain Outlet CEO, Founder Dies at 61

A statement from the company's board of directors says Mark Butler died unexpectedly Sunday while spending time with his family for Thanksgiving weekend

537628044
Getty Images

What to Know

  • Mark Butler, the founder and CEO of Ollie's Bargain Outlet, died Sunday at the age of 61.
  • Butler founded the outlet chain with Mort Bernstein, Oliver "Ollie" Rosenberg and Harry Coverman.
  • Board member Richard Zannino says Butler rang up the first sale for the first store when it opened in Pennsylvania, in 1982.

The founder and CEO of Ollie's Bargain Outlet has died at the age of 61.

A statement from the company's board of directors says Mark Butler died unexpectedly Sunday while spending time with his family for Thanksgiving. Butler founded the outlet chain with Mort Bernstein, Oliver "Ollie" Rosenberg and Harry Coverman. The Baltimore Sun says Butler was the last surviving founder.

Board member Richard Zannino says Butler rang up the first sale for the first store when it opened in Pennsylvania, in 1982. He took over as CEO and president in 2003. Zannino says Butler then went on to lead the company's expansion into 24 other states.

Local

Breaking news and the stories that matter to your neighborhood.

Flyers Make Amends for Family With Special Needs at Game

Mall Shopping Hits Peak Season in Tax-Free Delaware

John Swygert was named interim president and CEO. He previously served as Ollie's executive vice president, chief operating officer and chief financial officer.

Contact Us