Summary
This Form 8-K filing from Dollar General Corporation, dated April 3, 2003, primarily announces a significant leadership change. The company has appointed David A. Perdue, Jr. as its new Chief Executive Officer and a member of the Board of Directors, effective April 2, 2003. Perdue brings a wealth of experience from his previous roles, including President and CEO of the Reebok Brand and leadership positions at Pillowtex Corporation, Sara Lee Corporation, and Haggar Corporation. His background spans strategic planning, finance, retail operations, and brand building, which the board believes will be instrumental in Dollar General's future success.
Key Highlights
- 1David A. Perdue, Jr. appointed CEO and Board Member, effective April 2, 2003.
- 2Perdue previously served as President & CEO of Reebok Brand and Chairman & CEO of Pillowtex Corporation.
- 3Cal Turner, current Chairman, will not seek re-election and will transition chairmanship to Perdue in June.
- 4Turner will continue as a consultant and advisor to the board.
- 5Donald S. Shaffer will remain President and Chief Operating Officer.
- 6The appointment aims to leverage Perdue's extensive experience in retail, brand building, and operations.
- 7Dollar General noted its 6,192 stores across 27 states as of February 28, 2003.
Frequently Asked Questions
David A. Perdue, Jr. has been appointed as the new Chief Executive Officer of Dollar General Corporation.
David A. Perdue, Jr. has a diverse background, including significant experience as President and CEO of the Reebok Brand, and as Chairman and CEO of Pillowtex Corporation. He also held leadership roles at Sara Lee Corporation and Haggar Corporation, with expertise in strategic planning, finance, sourcing, retail, supply-side logistics, distribution, and brand building.
Cal Turner, the current Chairman, will not seek re-election to the board and will transition his chairmanship duties to David A. Perdue, Jr. at the company's annual shareholders' meeting in June. Turner will continue to serve the company as a consultant to Perdue and an advisor to the board.
No, this Form 8-K filing does not contain any financial statements or pro forma financial information. It exclusively discloses a material event regarding the company's leadership.