Dollar General has named Ahold Delhaize USA chief executive officer (CEO) Jerry Fleeman Jr as its next CEO, with the leadership change set to take effect on 1 January 2027.
According to the US discount retailer, Fleeman Jr will succeed current CEO Todd Vasos.
Ahold Delhaize USA is the parent of several US grocery businesses, including Food Lion, Giant Food, Hannaford Supermarkets and Stop & Shop.
Across more than 35 years with Ahold Delhaize's companies, Fleeman Jr has worked in strategy, operations, marketing and merchandising.
He previously held a range of senior positions spanning areas such as store operations, merchandising, marketing and store portfolio management.
Dollar General chairman of the board David Rowland said: “He [Fleeman Jr] has a proven CEO track record of establishing a clear strategic vision and driving measurable results.
“His leadership reflects a deep commitment to strengthening customer relationships, driving strong cultures that enable meaningful employee experiences, and creating lasting impact across the communities he serves.”
Vasos will remain in the CEO post until the change takes effect. After stepping down, he is set to become senior adviser through 2 April 2027.
The company expects he will continue to serve on the board following the handover.
Dollar General said that during Vasos’s combined decade as CEO, from 2015 to 2022 and again from 2023 to the present, he oversaw strategy shifts, store expansion and format changes, along with digital developments and the company’s move into international markets.
In a separate development, the company also pointed to the expansion of fresh produce availability to more than 7,000 locations, the introduction of the DG Private Fleet driver programme, and entry into Mexico under the Mí Super Dollar General banner.
For the full fiscal year that ended 30 January 2026, Dollar General’s net sales grew 5.2% to $42.72bn.
Same-store sales increased 3%, reflecting a 1.6% rise in customer traffic and a 1.4% improvement in the average transaction value.
Operating profit for FY25 reached $2.20bn, representing an increase of 28.6%.
Net income rose 34.4% to $1.51bn while diluted EPS advanced 34.1% to $6.85 from $5.11 in the previous year.
Looking ahead, the retailer expects net sales in fiscal 2026 to grow between 3.7% and 4.2%, with same-store sales projected to increase by 2.2% to 2.7%.
