Foot Locker Announces Management Changes

Foot Locker Inc. is giving its management ranks a workout.
The company announced on Thursday a number of organizational and management changed designed to strengthen its retail store and direct-to-customer business units.
Effective July 1, Richard Johnson, who currently serves as president and CEO of Foot Locker U.S., Lady Foot Locker, Kids Foot Locker and Footaction, will be promoted to EVP and group president of retail stores. He will also oversee all of the company’s domestic and international stores.

The direct-to-customer business unit, under the new organizational chart, will now report directly to chairman, president and CEO Ken Hicks. Current EVP and CFO Robert McHugh will undertake new duties as EVP of operations support and be responsible for information systems and technology, real estate, logistics and sourcing.
“This senior management reorganization will allow us to focus our key business units on improving our execution and continue to build on the success of our businesses,” Hicks said in a statement. “In particular, consistent with our strategic priorities, it will also enable us to strengthen our brands and put more emphasis on our high potential growth areas of dot-com and international development.”

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