Dollar General elevates Vasos and D’Arezzo
A desire to improve operational efficiency and capitalize on scale were cited as reasons for several senior level executive moves at Dollar General.
The retailer recently surpassed 11,000 units and chairman and CEO Rick Dreiling said the enhanced management structure involving Todd Vasos and David D’Arezzo would align the company for continued future growth.
Vasos was named COO with responsibility for store operations, merchandising and supply chain after previously serving as EVP and chief merchandising officer. He joined Dollar General in December 2008 from Longs Drugs where he served as EVP and COO. Longs was acquired by CVS in 2008.
Prior to Long’s, Vasos also held positions with Eckerd Drug and Phar-Mor Food and Drug.
D’Arezzo joins Dollar General from Grocers Supply where he served as EVP and COO and prior to that as SVP and chief merchandising officer for Duane Reade.
Dreiling said the addition of D’Arezzo and elevation of Vasos will allow him to focus more of his attention on overall strategy and long term growth.
“The alignment of our organization across store operations, merchandising and supply chain with the promotion of Todd (Vasos) to chief operating officer and the addition of David (D’Arezzo) will create an even stronger management team and position us well for future growth,” Dreiling said. “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.”