Dollar General Corporation announced the transition of Chief Executive Officer Todd J. Vasos to Senior Advisor, effective November 1, 2022. Mr. Vasos has been CEO of Dollar General since June 3, 2015. From 2015 to 2021, Mr. Vasos realized $182,750,913 in total compensation.
On November 1, 2022, Jeffery Owen will assume the role of Chief Executive Officer. Mr. Owen currently serves as the Chief Operating Officer of the Company. In connection with his promotion to CEO, Mr. Owen will receive a base salary of $1,125,000 and a target bonus of $1,687,500. Additionally, Mr. Owen will receive a one-time equity grant of $6,000,000 in the form of stock options.
To view the details of this transition, please click here.
Mr. Vasos is the 30th CEO from the Equilar 500 to announce their resignation in 2022.
Senior Research Analyst
Owen Gilles, Senior Research Analyst at Equilar, authored this post. Please contact Amit Batish, Director, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis.
