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Family Dollar succession

Family Dollar stayed trued to its name, naming Howard Levine, president and ceo, as chairman to succeed his father, Leon Levine, who will hold the title founder and chairman emeritus. Howard Levine will retain his role as ceo.

The younger Levine's initial stint with Family Dollar was from 1981 to 1987. He rejoined the company in April 1996 and was named president and coo in April 1997 and president and ceo in August 1998.

The company also announced that David Alexander Jr., executive vp and coo, was named president. Alexander joined the company as senior vp, distribution and transportation in 1995 and was promoted to senior vp of distribution and logistics in 1997.

At the company's annual stockholder's meeting last week, the board of directors was elected. From the company, both Howard Levine and George Mahoney, Jr., executive vp, general counsel and secretary, were named. Also elected were Mark Bernstein, Sharon Allred Decker, Glenn Eisenberg and James Martin

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