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MATTHEWS, N.C. -- Discount retailer Family Dollar Stores, Inc. said yesterday it promoted R. James Kelly to the position of president and chief operating officer. Kelly, 59, joined the company as vice chairman - chief financial and chief administrative officer in January 1997.
In his new role, Kelly will be responsible for overseeing all business operations of the company, including store operations, merchandising, real estate, supply chain, and technology functions.
"Family Dollar has an outstanding leadership team," noted Kelly in a statement, "and it is a privilege to work with them as we pursue our mission of providing our customers with a more compelling place to shop, our associates with a more compelling place to work, and our investors with a more compelling place to invest."
The company has begun a search for a new c.f.o. Kelly will continue to serve as c.f.o. until the position is filled.