Howard R. Levine
Encyclopedia
Howard R. Levine is the current Chairman of the Board
Chairman of the Board
The Chairman of the Board is a seat of office in an organization, especially of corporations.Chairman of the Board may also refer to:*Chairman of the Board , a 1998 film*Chairmen of the Board , a 1970s American soul music group...

 and Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of Family Dollar
Family Dollar
Family Dollar is a regional chain of variety stores in the United States. It opened in 1959 and operates approximately 6,617 stores in 44 states and the District of Columbia. It is headquartered in Matthews, North Carolina....

 and is the son of Leon Levine
Leon Levine
Leon Levine is an American businessman and philanthropist that founded the Family Dollar chain of discount stores.-Early life:...

, the Founder of Family Dollar.

Education

Levine graduated from the University of North Carolina at Chapel Hill
University of North Carolina at Chapel Hill
The University of North Carolina at Chapel Hill is a public research university located in Chapel Hill, North Carolina, United States...

 in 1981 with a Bachelor of Science
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...

 degree.

Career

After graduating from college, Levine worked in the Merchandising Department at Family Dollar, rising to the position of Senior Vice President-Merchandising and Advertising from 1981 to 1987. Thereafter, he served as President
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

of Best Price Clothing Stores, Inc. from 1988 to 1992.

From 1992 to 1996, Levine was self-employed as an investment manager.

In 1996, Levine rejoined Family Dollar and served in various positions until he became Chief Executive Officer in August 1998.

Compensation

While CEO of Family Dollar in 2009, Howard R. Levine earned a total compensation of $5,612,726, which included a base salary of $948,654, a cash bonus of $1,894,615, stocks granted of $1,338,224, and options granted of $1,308,528.
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