Dollar General appoints Jerry Fleeman Jr as next CEO

Dollar General has named Ahold Delhaize USA main enforcement serviceman (CEO) Jerry Fleeman Jr arsenic its adjacent CEO, with the enactment alteration acceptable to instrumentality effect connected 1 January 2027.

According to the US discount retailer, Fleeman Jr volition win existent CEO Todd Vasos.

Ahold Delhaize USA is the genitor of respective US market businesses, including Food Lion, Giant Food, Hannaford Supermarkets and Stop & Shop.

Across much than 35 years with Ahold Delhaize's companies, Fleeman Jr has worked successful strategy, operations, selling and merchandising.

He antecedently held a scope of elder positions spanning areas specified arsenic store operations, merchandising, selling and store portfolio management.

Dollar General president of the committee David Rowland said: “He [Fleeman Jr] has a proven CEO way grounds of establishing a wide strategical imaginativeness and driving measurable results.

“His enactment reflects a heavy committedness to strengthening lawsuit relationships, driving beardown cultures that alteration meaningful worker experiences, and creating lasting interaction crossed the communities helium serves.”

Vasos volition stay successful the CEO station until the alteration takes effect. After stepping down, helium is acceptable to go elder advisor done 2 April 2027.

The institution expects helium volition proceed to service connected the committee pursuing the handover.

Dollar General said that during Vasos’s combined decennary arsenic CEO, from 2015 to 2022 and again from 2023 to the present, helium oversaw strategy shifts, store enlargement and format changes, on with integer developments and the company’s determination into planetary markets.

In a abstracted development, the institution besides pointed to the enlargement of caller nutrient availability to much than 7,000 locations, the instauration of the DG Private Fleet operator programme, and introduction into Mexico nether the Mí Super Dollar General banner.

For the afloat fiscal twelvemonth that ended 30 January 2026, Dollar General’s nett income grew 5.2% to $42.72bn.

Same-store income accrued 3%, reflecting a 1.6% emergence successful lawsuit postulation and a 1.4% betterment successful the mean transaction value.

Operating nett for FY25 reached $2.20bn, representing an summation of 28.6%.

Net income roseate 34.4% to $1.51bn portion diluted EPS precocious 34.1% to $6.85 from $5.11 successful the erstwhile year.

Looking ahead, the retailer expects nett income successful fiscal 2026 to turn betwixt 3.7% and 4.2%, with same-store income projected to summation by 2.2% to 2.7%.

"Dollar General appoints Jerry Fleeman Jr arsenic adjacent CEO" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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