Dollar General 2012 Annual Report Download - page 64

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Proxy
Compensation Committee Interlocks and Insider Participation
Each of Messrs. Agrawal, Bryant, Calbert, Jones, Rhodes and Rickard and Ms. Fili-Krushel
was a member of our Compensation Committee during all or a portion of 2012. None of these persons
was at any time during 2012 an officer or employee of Dollar General or any of our subsidiaries or an
officer of Dollar General or any of our subsidiaries at any time prior to 2012. Messrs. Calbert and
Agrawal, due to their relationships with KKR, and Mr. Jones, due to his relationship with Goldman,
Sachs & Co., may be viewed as having an indirect material interest in certain of our relationships and
transactions with KKR and Goldman, Sachs & Co. discussed under ‘‘Certain Transactions with
Management and Others’’ above. Messrs. Calbert, Agrawal and Jones no longer serve on the
Compensation Committee. Mr. Dreiling serves as a manager of Buck Holdings, LLC, for which
Messrs. Calbert, Agrawal and Jones serve as managers.
Compensation Risk Considerations
In March 2013, our Compensation Committee, with the assistance of its compensation
consultant and management, reviewed our compensation policies and practices for all employees,
including executive officers, to assess the risks that may arise from our compensation programs. The
assessment included a review of our compensation programs for certain design features which could
potentially encourage excessive risk-taking or otherwise generate risk to Dollar General. As a result of
that assessment, management and the Compensation Committee concluded, after considering the
degree to which identified risk-aggravating factors were offset by risk-mitigating factors, that the net
risks created by our overall compensation program were not reasonably likely to have a material
adverse effect on Dollar General.
57