Dollar General 2015 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2015 Dollar General annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 168

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168

Proxy
Summary Compensation Table
The following table summarizes compensation paid to or earned by our named executive
officers in each of the 2015, 2014 and 2013 fiscal years. We have omitted from this table the columns
for Bonus and Change in Pension Value and Nonqualified Deferred Compensation Earnings because
they are inapplicable.
Non-Equity
Incentive
Stock Option Plan All Other
Salary Awards Awards Compensation Compensation Total
Name and Principal Position(1) Year ($)(2) ($)(3) ($)(4) ($)(5) ($) ($)
Todd J. Vasos, 2015 926,605 808,022 5,932,285 956,548 99,541(6) 8,723,001
Chief Executive Officer 2014 765,342 821,048 653,913 521,486 67,422 2,829,211
2013 699,549 625,574 422,846 72,464 1,820,433
Richard W. Dreiling, 2015 1,361,760 4,309,102 1,942,422 604,587(7) 8,217,871
Former Chairman, 2014 1,323,789 3,503,208 2,790,016 1,465,747 681,392 9,764,152
Chief Executive Officer & 2013 1,291,515 3,440,634 2,059,459 855,567 7,647,175
Senior Advisor
John W. Garratt, 2015 339,405 180,374 303,694 199,223 66,150(8) 1,088,846
Executive Vice President &
Chief Financial Officer
David M. Tehle, 2015 309,572 592,530 599,657 32,819(9) 1,534,578
Former Executive Vice President & 2014 727,140 602,090 479,529 402,558 136,438 2,347,755
Chief Financial Officer 2013 709,413 625,574 374,452 172,598 1,882,037
John W. Flanigan, 2015 477,339 592,530 599,657 340,439 101,901(10) 2,111,866
Executive Vice President, 2014 464,029 602,090 479,529 256,895 86,989 1,889,532
Global Supply Chain 2013 452,716 625,574 374,452 105,319 1,558,061
Robert D. Ravener, 2015 521,999 592,530 599,657 372,291 50,700(11) 2,137,177
Executive Vice President &
Chief People Officer
Rhonda M. Taylor, 2015 515,645 592,530 599,657 362,026 66,702(12) 2,136,560
Executive Vice President &
General Counsel
Gregory A. Sparks, 2015 233,567 592,530 599,657 823,980(13) 2,249,734
Former Executive Vice President, 2014 635,676 602,090 479,529 351,922 56,960 2,126,177
Store Operations 2013 620,178 625,574 374,452 300,228 1,920,432
(1) Mr. Vasos served as Executive Vice President, Division President and Chief Merchandising Officer until November 2013
when he was promoted to Chief Operating Officer, then served in that position until his promotion to CEO in June 2015.
Mr. Dreiling served as Chairman and CEO until June 2015 and then as Chairman and Senior Advisor until his retirement
on January 29, 2016. Mr. Garratt joined Dollar General in October 2014 and served as Senior Vice President, Finance and
Strategy, until July 2015 when he assumed the role of interim Chief Financial Officer. He was promoted to Executive Vice
President and Chief Financial Officer in December 2015. He was not a named executive officer for 2014. Mr. Tehle served
as Executive Vice President and Chief Financial Officer until his departure on June 30, 2015. Mr. Ravener and Ms. Taylor
joined Dollar General in August 2008 and March 2000, respectively, but were not named executive officers for 2014 or
2013. Mr. Sparks served as Executive Vice President, Store Operations, until his departure on June 9, 2015.
(2) Each named executive officer deferred under the CDP and contributed to our 401(k) Plan a portion of salary earned in
each of the fiscal years for which salaries are reported above for the applicable named executive officer. The amounts of
the fiscal 2015 salary deferrals under the CDP are included in the Nonqualified Deferred Compensation Table.
(3) The amounts reported represent the respective aggregate grant date fair value of PSUs and RSUs awarded in each fiscal
year for which compensation is required to be reported in the table for each named executive officer, in each case
computed in accordance with FASB ASC Topic 718. The PSUs are subject to performance conditions, and the reported
value at the grant date is based upon the probable outcome of such conditions on such date. The values of the PSUs at the
34