MATTHEWS, N.C. — Family Dollar Stores 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,” said Levine. “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, 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,” continued 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 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 VP global financial operations, of Pfizer.
Winston earned a Bachelor of Business Administration in accounting and management information systems from the University of Wisconsin and a Masters of Business Administration from the Kellogg School of Management at Northwestern University. She is a certified public accountant.