Dollar General Jumps After Announcing Return of Former CEO
10/13/2023 07:05
Dollar General Corp. rose sharply in late trading after announcing former Chief Executive Officer Todd Vasos is returning to lead the discount retailer, replacing a successor who lasted less than year.
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Dollar General Corp. rose sharply in late trading after announcing former Chief Executive Officer Todd Vasos is returning to lead the discount retailer, replacing a successor who lasted less than year.
Vasos, who served as CEO from 2015 to 2022, assumed the role once again on Thursday, while Jeff Owen, who became CEO in November, was let go from the company and resigned from the board. Vasos has agreed to lead Dollar General for the “foreseeable future,” the company said.
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Dollar General Jumps After Announcing Return of Former CEO