Dollar General appoints Todd Vasos as CEO, replaces Jeff Owen; updates FY2023 guidance

DOLLAR GENERAL CORP

Todd Vasos appointed CEO effective Oct 12, 2023, succeeding Jeffery Owen who resigned.
Vasos previously served as CEO from 2015 to Nov 2022 and retired Apr 2023.
Vasos receives $1.4M base salary, 150% target bonus, and one-time option on 250,000 shares vesting Oct 2027.
Board reduced from ten to nine directors following Owen's resignation.
Company issued updated financial guidance for FY2023; no specific figures in the filing.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jeffery C. Owen

Chief Executive Officer

DG · DOLLAR GENERAL CORP

Effective: 2023-10-12
Successor: Todd J. Vasos
Filed: October 12, 2023, 7:59 PM ET

Mr. Vasos succeeds Jeffery C. Owen, whose separation from the Company and resignation as a director was effective earlier on October 12, 2023.

Appointed

Todd J. Vasos

Chief Executive Officer

DG · DOLLAR GENERAL CORP

Effective: 2023-10-12
Filed: October 12, 2023, 7:59 PM ET

On and effective October 12, 2023, the Board of Directors (the “Board”) of Dollar General Corporation (the “Company”) appointed Todd J. Vasos as Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffery C. Owen resigned as Chief Executive Officer at DOLLAR GENERAL CORP.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Vasos succeeds Jeffery C. Owen, whose separation from the Company and resignation as a director was effective earlier on October 12, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd J. Vasos was appointed as Chief Executive Officer at DOLLAR GENERAL CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On and effective October 12, 2023, the Board of Directors (the “Board”) of Dollar General Corporation (the “Company”) appointed Todd J. Vasos as Chief Executive Officer of the Company.

View on SEC.gov

DOLLAR GENERAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-23-108865

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