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Mr. Levine has been the Chairman of the Board since January 2003 and Chief Executive Officer of Family Dollar since August 1998. Mr. Levine 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 Best Price Clothing Stores, Inc., a chain of ladies� apparel stores. He rejoined the Company in April 1996, and was elected Vice President - General Merchandise Manager: Softlines in April 1996, Senior Vice President - Merchandising and Advertising in September 1996, President and Chief Operating Officer in April 1997, and Chief Executive Officer in August 1998. In addition, Mr. Levine serves as a member on the Equity Award Committee. He is the son of Mr. Leon Levine, the Founder of the Company who retired in January 2003.
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