Excuse me, I'm curious about the compensation of the CEO of the Dollar Store. Could you please tell me approximately how much they earn annually? I've heard that retail executives can make quite a handsome salary, and I'm wondering if the Dollar Store CEO's compensation falls within that range. Is it a six-figure salary or even higher? I'm just trying to get a better understanding of the industry standards. Thank you in advance for your time and response.
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answers
KimonoGlitter
Fri Oct 04 2024
The majority of Vasos' compensation, at 92.7%, comes from bonuses. These bonuses are diverse, encompassing elements such as company stock and options, which are designed to incentivize him to drive the company's success and growth.
EmilyJohnson
Fri Oct 04 2024
Despite his influential position as CEO, Vasos' direct ownership of Dollar General shares is relatively modest. He holds just 0.062% of the company's total shares, a figure that underscores the vastness of the corporation's ownership structure.
CryptoElite
Fri Oct 04 2024
Nevertheless, the value of Vasos' shareholding is substantial, estimated to be worth $11.77 million. This figure highlights the significant appreciation in Dollar General's stock price and the wealth that can accrue to executives through their ownership of company shares.
Bianca
Fri Oct 04 2024
Todd Vasos, the current CEO of Dollar General, assumed his position in October 2023, marking the beginning of a tenure that is still in its infancy. His leadership in the company is a recent development, as he has been at the helm for less than a year.
Luca
Fri Oct 04 2024
Vasos' compensation package for the year is substantial, totaling $8.98 million. This figure comprises two primary components: a salary and bonuses. Notably, his salary accounts for just 7.3% of his total compensation, highlighting the significant role that bonuses play in his remuneration.