Chief Executive Officer Bio
Todd Vasos
Chief Executive OfficerTodd Vasos currently serves as Chief Executive Officer of Dollar General Corporation, having returned to the Company in October 2023 after serving as CEO from June 2015 to November 2022. Vasos served as DG’s Senior Advisor from November 2022 until his retirement from the Company in April 2023. He has served as member of Dollar General’s Board of Directors since 2015.
Since returning to DG as CEO last fall, Vasos has led a concerted effort across all levels of the organization to optimize the business for the current retail environment, while staying true to the fundamentals that have been foundational to the Company’s success over the past 85 years. Vasos has implemented a refreshed approach to getting Back to Basics, which focuses on driving operational excellence, better serving DG’s customers and creating long-term value for shareholders.
During Vasos’ initial seven years as CEO from 2015-2022, he led DG through a period of significant transformation, accelerated growth and innovation. Dollar General expanded its store base by approximately 7,000 stores, added nearly 60,000 net new jobs, increased annual sales revenue by more than 80%, and more than doubled its market capitalization to approximately $58 billion. DG was named to Fortune Magazine’s World’s Most Admired Companies List in 2020 and 2022; Forbes Top 25 Responders to the Covid-19 Pandemic in 2020; Mass Market Retailers (MMR) Retailer of the Year in 2019 and 2020, and recognized by the Human Rights Campaign Foundation’s Corporate Equality Index for its workplace inclusion efforts in 2020, 2021 and 2022. Vasos was named a Most Admired CEO by Nashville Business Journal in 2021. He was recognized as 2010 Merchant of the Year by MMR.
Vasos first joined Dollar General in 2008 as Executive Vice President, Division President and Chief Merchandising Officer and was promoted to Chief Operating Officer in November 2013. Under his leadership, the Company created and delivered on key strategic initiatives including self-distribution of frozen and refrigerated goods (DG Fresh), as well as various non-consumable initiatives, including its newest retail concept pOpshelf, and significant digital expansions. He also led DG’s efforts to expand the availability of fresh produce to more than 2,300 stores, launched the DG Private Fleet driver program, opened 16 additional distribution centers, and initiated the Company’s expansion into Mexico.
Over the course of his four-decade retail career, Vasos served in executive positions with Longs Drug Stores Corporation for seven years, including Executive Vice President and Chief Operating Officer from February 2008 to November 2008 and Senior Vice President and Chief Merchandising Officer from 2001 to 2008, where he was responsible for all pharmacy and front-end marketing, merchandising, procurement, supply chain, advertising, store development, store layout and space allocation, and the operation of three distribution centers. He also previously served in leadership positions at Phar-Mor Food and Drug Inc. and Eckerd Corporation. Vasos earned a bachelor’s degree from Western Carolina University. He has served as a director of KeyCorp since July 2020.