Amended Schedule of Executive Officers with Executive Vice President Employment Agreements – Dollar General Corporation
This document lists Dollar General Corporation's executive officers who have signed employment agreements in the form of the Executive Vice President Employment Agreement, detailing their titles, base salaries, and agreement dates. It also notes any amendments, such as changes to non-compete periods or additional payments upon departure. The schedule provides updates as of October 30, 2020, and highlights any material differences from the standard agreement form, including specific terms for certain executives who have retired or left the company.
Exhibit 10.1
AMENDED SCHEDULE OF EXECUTIVE OFFICERS WHO HAVE EXECUTED AN EMPLOYMENT AGREEMENT IN THE FORM OF EXECUTIVE VICE PRESIDENT EMPLOYMENT AGREEMENT FILED AS EXHIBIT 99 TO DOLLAR GENERAL CORPORATION’S CURRENT REPORT ON FORM 8-K DATED APRIL 5, 2018, FILED WITH THE SEC ON APRIL 11, 2018 (this “Schedule”)
This Schedule amends the Schedule of Executive Officers who have executed an employment agreement in the form of Executive Vice President Employment Agreement filed by Dollar General Corporation as Exhibit 99 to its Current Report on Form 8-K dated April 5, 2018, filed with the SEC on April 11, 2018. This Schedule is included pursuant to Instruction 2 of Item 601(a) of Regulation S-K for the purposes of setting forth the material details in which the specific employment agreements executed in the form of Executive Vice President Employment Agreement differ from the form as of October 30, 2020.
Name of Executive Officer |
| Title |
| Base Salary |
| Effective Date | | Date of Execution |
John W. Garratt | | Executive Vice President and Chief Financial Officer | | $725,000.00 | | April 1, 2018 | | April 6, 2018 |
Michael J. Kindy | | Executive Vice President, Gobal Supply Chain | | $425,000.00 | | August 28, 2018 | | August 29, 2018 |
Jeffery C. Owen | | Chief Operating Officer | | $800,000.00 | | April 1, 2018 | | Agreement: April 5, 2018 |
| | | | | | Amended August 27, 2019 | | Amendment: August 27, 2019 |
Robert D. Ravener(1) | | Executive Vice President and Chief People Officer | | $582,288.00 | | April 1, 2018 | | April 5, 2018 |
Kathleen A. Reardon | | Executive Vice President and Chief People Officer | | $450,000.00 | | August 25, 2020 | | August 25, 2020 |
Jason S. Reiser(2) | | Executive Vice President and Chief Merchandising Officer | | $667,355.00 | | April 1, 2018 | | Agreement: April 6, 2018 |
| | | | | | Amended September 24, 2020(2) | | Amendment: September 30, 2020 |
Steven G. Sunderland | | Executive Vice President, Store Operations | | $550,000.00 | | August 27, 2019 | | August 27, 2019 |
Emily C. Taylor | | Executive Vice President and Chief Merchandising Officer | | $600,000.00 | | September 25, 2020 | | September 24, 2020 |
Rhonda M. Taylor | | Executive Vice President and General Counsel | | $571,673.00 | | April 1, 2018 | | April 5, 2018 |
Carman R. Wenkoff | | Executive Vice President and Chief Information Officer | | $492,816.00 | | April 1, 2018 | | April 5, 2018 |
(1) Retired from all positions with Dollar General Corporation effective May 27, 2019.
(2) Departed from all positions with Dollar General Corporation effective September 24, 2020. Mr. Reiser’s employment agreement with Dollar General Corporation was amended effective as of that date to extend the duration of the “restricted period” for certain business protection provisions, including non-competition, non-disclosure and non-solicitation obligations, by an additional six months. See Exhibit 99.2 to the Current Report on Form 8-K filed with the SEC by Dollar General Corporation on September 30, 2020. In connection with this amendment and the delivery and non-revocation of the standard release agreement by Mr. Reiser, Mr. Reiser received an additional lump sum cash payment of $1,582,646.
