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Family Dollar CEO Earnings Down

12/16/2008

Matthews, N.C. Family Dollar chief executive Howard Levine earned nearly $2.85 million in total compensation in 2008, down from $3.04 million in fiscal 2007.

According to a company filing with the Securities and Exchange Commission, Levine received $878,462 in salary, nearly $1.3 million in stock awards, a $533,170 bonus and $145,527 in other compensation in fiscal 2008. The company’s fiscal year ended Sept. 1.

The $2.85 million total doesn’t include nearly $1.1 million in option awards.

In fiscal 2007, Levine received $825,280 in salary, nearly $1.3 million in stock awards, an $859,116 bonus and $97,448 in other compensation.

The $3.04 million total didn’t include $857,781 in option awards.

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