Former Giant Eagle CFO heads to Family Dollar

Mary Winston to serve as EVP, CFO of dollar store chain

MATTHEWS, N.C. — Family Dollar has named Mary Winston to the position of EVP and CFO. Winston will report to Howard Levine, chairman and CEO, and will have executive 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 said. “Her extensive financial experience, combined with her strong communication and analytical skills, make her a great choice to help us execute against our strategic plan to expand our market share and drive greater financial returns.”

In conjunction with this change, Kenneth Smith, former SVP and CFO, expects to leave the company, serving in a transition role as SVP finance until October 2012.

“Throughout his 22-year tenure with the company, Ken has made significant contributions to Family Dollar in a variety of financial and operational areas,” Levine said. “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 SVP and CFO of Giant Eagle. She also previously served as EVP and CFO of Scholastic, a children’s publishing and media company; as VP, treasurer and then controller of Visteon, an automotive parts supplier; and as Pfizer's VP global financial operations.

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