Dollar General Corp. said Tuesday its Chief Executive Todd Vasos is planning to retire on November 1. The board has approved the promotion of Chief Operating Officer Jeffery Owen as his replacement. Vasos will remain in a senior advisory rule starting Nov. 1 and continuing through April 1 of 2023. Owen has been COO since 2019 and has worked at the retail chain since 1992. Dollar General shares were not active premarket, but have gained 7.7% in the year to date, while the S&P 500 has fallen 19%.
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Source: Marketwatch