Dollar Tree Says Family Dollar CEO Howard Levine To Step Down, Effective Jan. 15

(RTTNews) - Dollar Tree, Inc. (DLTR), an operator of discount variety stores, said Howard Levine has completed his role in the integration of Family Dollar and Dollar Tree, and is stepping down as an officer of the company effective January 15.

On July 6, 2015, Dollar Tree completed its acquisition of more than 8,200 Family Dollar stores across 46 states. The company had previously announced that Levine would remain with the company for a period of time to assist with the integration, supporting Dollar Tree's Chief Executive Officer Bob Sasser.

Gary Philbin, who was named Family Dollar's President and Chief Operating Officer in July 2015, will continue leading Family Dollar and will continue reporting to Sasser.