US: Family Dollar appoints Winston CFO
By Katy Askew | 10 April 2012
Family Dollar Stores today (10 April) announced that it has appointed Mary Winston as EVP and chief financial officer.
Winston will report to chairman and CEO Howard Levine and will have responsibility for Family Dollar's financial operations, including accounting, treasury, tax, financial planning, investor relations, and internal audit.
"With more than 25 years of financial management and leadership experience, Mary is an excellent addition to our team," Levine commented.
The move follows the departure of current CFO Kenneth Smith, who will serve in a transition role as SVP - fnance until October.
"Throughout his 22-year tenure with the Company, Ken has made significant contributions to Family Dollar in a variety of financial and operational areas," continued Howard Levine.
"Under his leadership, Family Dollar has strengthened its financial position and delivered strong returns to shareholders. I sincerely thank him for his service to Family Dollar and appreciate that we will continue to benefit from his expertise during the transition."
Prior to joining Family Dollar, Winston served for four years as CFO of Giant Eagle, a US$9bn privately held grocery chain which operates supermarket and fuel/convenience stores.
Sectors: Retail
Companies: Family Dollar
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