People: Family Dollar Stores Inc (FDO)
FDO on New York Consolidated
63.57USD
17 Jun 2013
63.57USD
17 Jun 2013
Price Change (% chg)
$0.34 (+0.54%)
$0.34 (+0.54%)
Prev Close
$63.23
$63.23
Open
$63.60
$63.60
Day's High
$64.21
$64.21
Day's Low
$63.23
$63.23
Volume
1,272,866
1,272,866
Avg. Vol
1,370,881
1,370,881
52-wk High
$73.78
$73.78
52-wk Low
$54.06
$54.06
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Howard Levine |
53 | 2003 | Chairman of the Board, Chief Executive Officer |
Michael Bloom |
52 | 2011 | President, Chief Operating Officer |
Mary Winston |
51 | 2012 | Chief Financial Officer, Executive Vice President |
Barry Sullivan |
48 | 2007 | Executive Vice President - Store Operations |
Paul White |
50 | 2011 | Executive Vice President, Chief Merchandising Officer |
Jocelyn Wong |
2012 | Senior Vice President, Chief Marketing Officer | |
James Snyder |
48 | 2009 | Senior Vice President, General Counsel, Secretary |
Bryan Venberg |
44 | 2008 | Senior Vice President - Human Resources |
Colin McGinnis |
2012 | Senior Vice President - Store Operations Support, Store Development & Procurement | |
Brad Rogers |
2013 | Senior Vice President - Real Estate | |
Scott Zucker |
2013 | Senior Vice President - Merchandise Operations | |
Mark Bernstein |
82 | 2004 | Lead Independent Director |
Pamela Davies |
56 | 2009 | Independent Director |
Sharon Decker |
56 | 1999 | Independent Director |
Edward Dolby |
67 | 2003 | Independent Director |
Glenn Eisenberg |
51 | 2002 | Independent Director |
Edward Garden |
51 | 2011 | Independent Director |
George Mahoney |
70 | 2005 | Independent Director |
James Martin |
76 | 1996 | Independent Director |
Harvey Morgan |
70 | 2007 | Independent Director |
Dale Pond |
66 | 2006 | Independent Director |
Kiley Rawlins |
Vice President |
Biographies
| Name | Description |
|---|---|
Howard Levine |
Mr. Howard R. Levine is Chairman of the Board, Chief Executive Officer of Family Dollar Stores Inc. He was employed by the Company in various capacities in the Merchandising Department from 1981 to 1987, including employment as Senior Vice President-Merchandising and Advertising. From 1988 to 1992, Mr. Levine was President of Price Clothing Stores, Inc., a chain of ladies’ apparel stores. From 1992 to April 1996, he was self-employed as an investment manager. He rejoined the Company in April 1996 and was elected Vice President-General Merchandise Manager: Softlines; Senior Vice President-Merchandising and Advertising in September 1996; President and Chief Operating Officer in April 1997; Chief Executive Officer in August 1998; and Chairman of the Board in January 2003. |
Michael Bloom |
Mr. Michael K. Bloom is President, Chief Operating Officer of Family Dollar Stores, Inc., since September 26, 2011. Prior to joining the Company, Mr. Bloom served as Executive Vice President – Merchandising, Supply Chain, Marketing and Advertising for CVS Caremark Corporation, a pharmacy healthcare provider, since June 2006. Mr. Bloom began his 20-year career with CVS Caremark in store operations and progressed through a number of positions with increasing responsibility including category manager, Vice President—Consumer Healthcare, and Senior Vice President – Merchandising. Before joining CVS, Mr. Bloom spent ten years as a manager/executive with the Virginia-based People’s Drug Stores and the Florida division of Toronto-based Shopper’s Drug Mart. |
Mary Winston |
Ms. Mary A. Winston is Chief Financial Officer, Executive Vice President of Family Dollar Stores, Inc., since April 10, 2012. Prior to joining the Company, Ms. Winston served as Senior Vice President and Chief Financial Officer of Giant Eagle, Inc., a food retailer and food distributor, since 2008. She was President and Founder of WinsCo Financial, LLC, a financial solutions consulting firm, from 2007 to 2008 and served as Executive Vice President and Chief Financial Officer of Scholastic Corporation, a children’s publishing and media company, from 2004 to 2007. Ms. Winston has also served as a Vice President, Treasurer, and then Controller of Visteon Corporation, an automotive parts supplier, and as a Vice President, Global Financial Operations, of Pfizer Inc., a global pharmaceutical company. She has also been a director of Dover Corporation, a diversified manufacturing company, since 2005 and is the chair of its Audit Committee, and a director of Plexus Corporation, an electronic manufacturing services company, since 2008. |
Barry Sullivan |
Mr. Barry W. Sullivan is Executive Vice President - Store Operations of Family Dollar Stores Inc., since October 15, 2007. He was employed by the Company as Vice President-Store Operations in September 2002 and was promoted to Senior Vice President-Store Operations in May 2005 and to Executive Vice President-Store Operations in October 2007. |
Paul White |
Mr. Paul G. White is Executive Vice President, Chief Merchandising Officer of Family Dollar Stores Inc., since December 2011. He was employed by the Company as Senior Vice President - Apparel, Home and Seasonal in January 2011. Prior to his employment by the Company, he was self-employed as a retail advisor from February 2010 until December 2010 and was employed by Goody's, LLC, a apparel retailer, where he served as CEO and as a director from March 2008 until January 2010. Prior to Goody's, Mr. White served as President and Chief Merchandising Officer of the Shopko division of Shopko Stores, Inc. from 2006 until February 2008 and prior to that he held a variety of senior management positions with Shopko, a general merchandise retailer and pharmacy chain, The May Department Stores Company and Federated Department Stores. Goody's filed a Chapter 11 bankruptcy in June 2008, and Mr. White lead the company through a corporate restructuring to emerge from bankruptcy in October 2008. The owners of Goody's later decided to shut down operations and Goody's filed for Chapter 7 bankruptcy in January 2009. A subsidiary of Stage Stores Inc. acquired the Goody's name in July 2009. |
Jocelyn Wong |
Ms. Jocelyn Wong has been appointed as Senior Vice President, Chief Marketing Officer of Family Dollar Stores, Inc., effective October 15, 2012. Ms. Wong began her career with Proctor and Gamble where she held various roles including Associate Marketing Director, NA Oral Care. Most recently she served as Group Vice President, Shopper Marketing for Safeway, where she led the creation of a newly formed shopper marketing organization. Ms. Wong holds a Bachelor of Science degree in Chemical Engineering and Biochemistry from Purdue University. |
James Snyder |
Mr. James C. Snyder, Jr., is Senior Vice President, General Counsel, Secretary of Family Dollar Stores Inc., since April 1, 2009. Prior to his employment by the Company, he was employed by The Home Depot, Inc., a chain of home improvement stores, from July 2001 to March 2009, where his last position was Vice President and Associate General Counsel for Legal and Risk Management. |
Bryan Venberg |
Mr. Bryan E. Venberg is Senior Vice President - Human Resources of Family Dollar Stores, Inc., since February 25, 2008. Prior to his employment by the Company, he was employed by ShopNBC, a multi-media retailer, from May 2004 to November 2007, where his last position was Senior Vice President-Operations, Customer Service and Human Resources. |
Colin McGinnis |
Mr. Colin McGinnis has been appointed as Senior Vice President - Store Operations Support, Store Development & Procurement of Family Dollar Stores, Inc., effective October 26, 2012. Mr. McGinnis joined Family Dollar in August of 2004 as a Regional Vice President, where he was the Operations lead on the development of the Store of the Future project. In 2006, he was named VP of Store Operations Support & Process Improvement. Most recently, Mr. McGinnis added additional responsibility for Store Services, Procurement and Store Development. Prior to joining Family Dollar, Mr. McGinnis held positions of increasing responsibility with a national drug store chain. |
Brad Rogers |
Mr. Brad Rogers is Senior Vice President - Real Estate of Family Dollar Stores, Inc. Mr. Rogers joined Family Dollar in 1998 as a real estate manager with responsibility for new store development in North and South Carolina. Between 2006 and 2011, Mr. Rogers assumed greater roles with increased responsibilities, and in 2011, he was named Vice President – Real Estate. Mr. Rogers holds a Bachelor of Arts degree from Millsaps College and earned a Juris Doctor from Emory University. |
Scott Zucker |
Mr. Scott T. Zucker has been appointed as Senior Vice President - Merchandise Operations of Family Dollar Stores, Inc. Mr. Zucker joined Family Dollar in 2006 as Divisional Vice President – Pricing. In 2007 he was promoted to VP - Merchandise Operations, and most recently, Mr. Zucker served as VP - IT Solutions. Prior to joining Family Dollar, Mr. Zucker was with BearingPoint Consulting where he had the opportunity to work with a number of retail organizations. After graduating from Davidson College, he started his retail career with Belk. He earned his MBA from the University of North Carolina at Charlotte in 1997. |
Mark Bernstein |
Mr. Mark R. Bernstein is Lead Independent Director of Family Dollar Stores Inc. He has served as a director since 1980. He is Of Counsel with the law firm of Parker, Poe, Adams & Bernstein L.L.P. Prior to his January 2002 retirement, he was Chairman of the law firm, Chairman of the Corporate Group and a partner in the firm. Mr. Bernstein previously served as a director of Rauch Industries, Inc., a manufacturer of Christmas ornaments, for more than a decade until its sale in 1996 and as a director of National Welders Supply Company, Inc., a welding gas distributor, for more than three decades until its sale in 2008. Mr. Bernstein also served as chairman of the North Carolina Economic Development Board from 1998 to 2000. Mr. Bernstein was elected as the Lead Director of the Board of Directors in August 2004. |
Pamela Davies |
Dr. Pamela Lewis Davies is Independent Director of Family Dollar Stores Inc. Dr. Davies has been the president of Queens University of Charlotte since July 2002. Prior to assuming that role, Dr. Davies served as the Dean of the McColl School of Business at Queens University of Charlotte from 2000 to 2002 and the LeBow College of Business at Drexel University from 1997 to 2000. Her professional specialization is in the field of strategic planning with a particular emphasis on competitive and marketing strategy. Dr. Davies has also been a director of C&D Technologies, Inc. since 1998 and Sonoco Products Company since 2004, and previously served on the Board of Directors of Charming Shoppes, Inc. from 1998 to June 2009. |
Sharon Decker |
Mrs. Sharon Allred Decker is Independent Director of Family Dollar Stores Inc. Mrs. Decker has been the Chief Executive Officer of The Tapestry Group, LLC, a faith based, non-profit consulting and communications firm, since September 2004. From April 2003 to August 2004, she was President of The Tanner Companies, a manufacturer and retailer of apparel. From August 1999 to March 2003, she was President of Doncaster, a division of The Tanner Companies. Doncaster is a direct sales organization selling a high-end line of women’s apparel. Mrs. Decker has also been a director of Coca-Cola Bottling Co. Consolidated since 2001 and SCANA Corporation since 2005. |
Edward Dolby |
Mr. Edward C. Dolby is Independent Director of Family Dollar Stores Inc. He has been the President of The Edward C. Dolby Strategic Consulting Group, LLC since September 2002, when he established the company to engage in business consulting. Prior to his retirement in December 2001, Mr. Dolby was employed by Bank of America Corporation for 32 years, where his positions included President of the North Carolina and South Carolina Consumer and Commercial Bank. In addition, Mr. Dolby chaired Bank of America’s Multicultural Marketing Leadership team and was an executive member of Bank of America’s Consumer Bank Forum. Mr. Dolby was also a member of Bank of America’s General Bank Executive Management Committee. |
Glenn Eisenberg |
Mr. Glenn A. Eisenberg is Independent Director of Family Dollar Stores, Inc. He is the Executive Vice President—Finance and Administration of The Timken Company, a position he has held since January 2002. The Timken Company is an international manufacturer of engineered bearings and alloy steels and a provider of related products and services. From 1990 to 2001, Mr. Eisenberg was employed by United Dominion Industries, an international manufacturer of proprietary engineered products, where he held various positions, including President and Chief Operating Officer from December 1999 to May 2001. Mr. Eisenberg has also been a director of Alpha Natural Resources, Inc. since 2005. At Alpha Natural Resources, Mr. Eisenberg serves as its Lead director and as Chairman of the Audit Committee. |
Edward Garden |
Mr. Edward P. Garden is Independent Director of Family Dollar Stores Inc., since September 28, 2011. He has been Chief Investment Officer and a Founding Partner of Trian Fund Management, L.P. since November 2005. In addition, Mr. Garden has served as a member of the board of directors of The Wendy’s Company (formerly known as Wendy’s/Arby’s Group, Inc. and prior to that Triarc Companies, Inc. (“Triarc”)) since December 2004. He served as Vice Chairman and a director of Triarc from December 2004 through June 2007 and Executive Vice President from August 2003 until December 2004. From 1999 to 2003, Mr. Garden was a managing director of Credit Suisse First Boston, where he served as a senior investment banker in the Financial Sponsors Group. From 1994 to 1999, he was a managing director at BT Alex Brown where he was a senior member of the Financial Sponsors Group and, prior to that, co-head of Equity Capital Markets. Mr. Garden has also served as a director of Trian Acquisition I Corp. since October 2007 and as a director of Chemtura Corporation from January 2007 through March 2009. |
George Mahoney |
Mr. George R. Mahoney, Jr., is Independent Director of Family Dollar Stores Inc. He was employed by Family Dollar as General Counsel in 1976, as Vice President, General Counsel and Secretary from 1977 to 1984, as Senior Vice President, General Counsel and Secretary from 1984 to 1991 and as Executive Vice President, General Counsel and Secretary from 1991 until his retirement in May 2005. |
James Martin |
Dr. James G. Martin, Ph.D., is Independent Director of Family Dollar Stores Inc. He was employed by McGuireWoods Consulting as a Senior Advisor from July 2008 until his retirement in October 2011. He was employed by Carolinas HealthCare System in various executive roles, including Corporate Vice President, from January 1993 through March 2008. He served as Governor of the State of North Carolina from 1985 to 1993 and was a member of the United States House of Representatives, representing the Ninth District of North Carolina, from 1973 until 1984. Dr. Martin has also been a director of Palomar Medical Technologies, Inc. since 1997 and DesignLine Corporation since 2009, and he was a Trustee of the North Carolina Capital Management Trust from 2000 until his retirement in November 2010. Dr. Martin was a director of aaiPharma Inc. from 1999 to 2007 and a director of Duke Energy Corporation from 1994 to 2006. |
Harvey Morgan |
Mr. Harvey Morgan is Independent Director of Family Dollar Stores Inc., since November 5, 2007. Mr. Morgan has more than 40 years of investment banking experience in strategic advisory services, mergers and acquisitions, private placements and underwritings. He has been a Managing Director of the investment banking firm Bentley Associates, L.P. since 2004, and from 2001 to 2004, he was a Principal of Shattuck Hammond Partners. Mr. Morgan has also been a director of Cybex International, Inc. since 2003 and Cryolife, Inc. since 2008, and previously served on the Board of Directors of Burlington Coat Factory Warehouse Corporation from 1983 to 2005. |
Dale Pond |
Mr. Dale C. Pond is Independent Director of Family Dollar Stores Inc. He retired in June 2005 as Senior Executive Vice President—Merchandising/Marketing after serving twelve years with Lowe’s Companies, Inc., a home improvement retailer. Prior to joining Lowe’s, he held a series of senior management positions at several retailers and home improvement companies including HQ/HomeQuarters Warehouse, Montgomery Ward and Payless Cashways, Inc. Mr. Pond has also been a director of Bassett Furniture Industries Inc. since 2002, where he serves as the Chairman of the Organization, Compensation and Nominating Committee, and Scripps Networks Interactive, Inc. since 2008, where he serves as a member of the Audit Committee. |
Kiley Rawlins |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Howard Levine |
5,227,250 |
Michael Bloom |
3,570,910 |
Mary Winston |
1,092,250 |
Barry Sullivan |
-- |
Paul White |
1,095,180 |
Jocelyn Wong |
-- |
James Snyder |
-- |
Bryan Venberg |
-- |
Colin McGinnis |
-- |
Brad Rogers |
-- |
Scott Zucker |
-- |
Mark Bernstein |
-- |
Pamela Davies |
-- |
Sharon Decker |
-- |
Edward Dolby |
-- |
Glenn Eisenberg |
-- |
Edward Garden |
-- |
George Mahoney |
324,471 |
James Martin |
-- |
Harvey Morgan |
-- |
Dale Pond |
-- |
Kiley Rawlins |
-- |
As Of 24 Aug 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Howard Levine |
890,367 | 4,393,090 |
Michael Bloom |
0 | 0 |
Mary Winston |
0 | 0 |
Barry Sullivan |
0 | 0 |
Paul White |
0 | 0 |
Jocelyn Wong |
0 | 0 |
James Snyder |
0 | 0 |
Bryan Venberg |
0 | 0 |
Colin McGinnis |
0 | 0 |
Brad Rogers |
0 | 0 |
Scott Zucker |
0 | 0 |
Mark Bernstein |
0 | 0 |
Pamela Davies |
0 | 0 |
Sharon Decker |
0 | 0 |
Edward Dolby |
0 | 0 |
Glenn Eisenberg |
0 | 0 |
Edward Garden |
0 | 0 |
George Mahoney |
420,000 | 634,200 |
James Martin |
0 | 0 |
Harvey Morgan |
0 | 0 |
Dale Pond |
0 | 0 |
Kiley Rawlins |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
GARDEN EDWARD P |
4,600 | $62.85 |
GARDEN EDWARD P |
75,000 | $62.90 |
GARDEN EDWARD P |
497,741 | $63.48 |
GARDEN EDWARD P |
26,519 | $64.06 |
GIBSON CHARLES S JR |
2,000 | $61.33 |
VENBERG BRYAN |
18,350 | $23.36 |
VENBERG BRYAN |
18,350 | $60.58 |
MORGAN HARVEY |
650 | $0.00 |
MORGAN HARVEY |
650 | $0.00 |
DOLBY EDWARD C |
1,293 | $0.00 |
BERNSTEIN MARK R |
1,293 | $0.00 |
DAVIES-LEWIS PAMELA S |
1,293 | $0.00 |
POND DALE C |
1,293 | $0.00 |
MORGAN HARVEY |
1,293 | $0.00 |
MAHONEY GEORGE R JR |
1,293 | $0.00 |
DECKER SHARON ALLRED |
1,293 | $0.00 |
MARTIN JAMES G |
1,293 | $0.00 |
EISENBERG GLENN A |
1,293 | $0.00 |
GARDEN EDWARD P |
1,293 | $0.00 |
VENBERG BRYAN |
4,374 | $19.43 |
VENBERG BRYAN |
4,374 | $66.34 |
DAVIES-LEWIS PAMELA S |
1,000 | $65.87 |
MAHONEY GEORGE R JR |
650 | $0.00 |
DECKER SHARON ALLRED |
700 | $65.57 |
SULLIVAN BARRY W |
836 | $67.95 |

