Dollar General 2013 Annual Report Download - page 67

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Compensation Committee Interlocks and Insider Participation
Each of Messrs. Bryant, Calbert, Jones, and Rhodes and Ms. Fili-Krushel was a member of our
Compensation Committee during all or a portion of 2013. None of these persons was at any time
during 2013 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 2013. Mr. Calbert, due to his relationship with
KKR in 2013, 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 ‘‘Transactions with Management and Others’’ above.
Messrs. Calbert and Jones resigned from the Compensation Committee in April 2013. Mr. Dreiling
served as a manager of Buck Holdings, LLC, for which Messrs. Calbert, Agrawal and Jones served as
managers. Buck Holdings, LLC was dissolved on January 8, 2014.
Compensation Risk Considerations
In March 2014, 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, 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.
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