Dollar General's board now has a new face in Patricia Fili-Krushel, who was this summer named chairman of NBCUniversal News Group, the parent company of NBC News, CNBC, MSNBC and The Weather Channel.
Fili-Krushel becomes the fourth independent director at Goodlettsville-based Dollar General, which is moving to add more individuals not affiliated with Kohlberg Kravis Roberts and Goldman Sachs, the firm who led the chain's buyout in 2007 and took the company public again in late 2009. Since April of this year, the funds no longer own more than 50 percent of Dollar General, which means the board must be majority-independent by next spring.
“We are excited to welcome Pat to the Dollar General board of directors,” said Rick Dreiling, Dollar General’s chairman and CEO. “Her expertise and experience in operations and strategic growth make her a great addition to our board. She has a strong track record as a transformational leader, and we look forward to benefiting from her perspectives as we continue to drive the execution of our business and create shareholder value.”
Before being named to her current post, Fili-Krushel was an executive vice president overseeing a number of operational divisions at NBCUniversal. Previously, she also worked at Time Warner, WebMD Health and ABC.
Shares of Dollar General (Ticker: DG) were basically flat in Monday afternoon trading. They're up about 20 percent so far this year.