Dollar General Names Todd Vasos as COO and David D’Arezzo as EVP and CMO


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Tue. November 5th, 2013 - by Jordan Okumura-Wright

<p>Dollar General Corporation recently announced executive changes to align the company for future growth. The retailer has named Todd Vasos, most recently the EVP and CMO, as the new Chief Operating Officer. In addition, David D’Arezzo has joined the company as the new EVP and CMO. In this new structure, Dollar General will be better positioned to enhance operational efficiencies and capitalize on the power and scale of the company, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Rick Dreiling, Chairman and CEO, stated, “Dollar General is an exceptional company because of our people. As the company has nearly doubled its sales since 2007, this new reporting structure will allow us to continue to capture growth opportunities ahead of us and effectively leverage our infrastructure while allowing me to focus more of my attention on overall strategy and long-term growth.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">In his new position, Vasos will be responsible for Store Operations, Merchandising and Supply Chain. He joined Dollar General in December 2008 and has demonstrated exceptional vision and leadership while implementing numerous innovative merchandising initiatives key to the company's growth.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">D’Arezzo brings more than 30 years of retail and consumer product company experience across merchandising and operations. He was most recently Executive Vice President and COO of Grocers Supply and previously served as SVP and CMO for Duane Reade.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Dreiling continued, “The alignment of our organization across Store Operations, Merchandising and Supply Chain with the promotion of Todd to chief operating officer and the addition of David will create an even stronger management team and position us well for future growth. Dollar General has strong management depth across the organization, which clearly understands our industry, our operations and our people. Now is the perfect time to strengthen that expertise with the addition of David to the team. Having personally experienced the impact he made at Duane Reade, I believe his vision, ability to drive results and deep experience across several industries will provide a unique perspective to Dollar General.”</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Congratulations to Todd and David as well as the Dollar General team.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://investor.shareholder.com/dollar " target="_new"> Dollar General </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">