December shake-up for Foot Locker’s C-suite
After revealing revenues for the first nine months of the current year were “above expectations”, despite a year-on-year decline of 3.1%, US-based athletic shoe company Foot Locker has announced several changes to its C-suite, among other senior leadership changes.
Current chief financial officer, Andrew Page, will leave his position for a new opportunity on publication of Foot Locker’s fourth-quarter earnings, with chief human resources officer, Elizabeth Norberg, also set to depart on December 1. A search for Mr Page’s replacement is already underway, while an internal promotion for Rosalind Reeves, formerly the firm’s vice-president of talent, diversity and organisation capability, has secured an immediate successor for Ms Norberg.
Elsewhere, 12-year Foot Locker veteran Frank Bracken will transition into the role of executive vice-president and chief commercial officer at the beginning of December, a new challenge which will also see him continue to oversee the group’s banner brands, including Foot Locker and Kids Foot Locker, in addition to leading merchandising, marketing, digital, loyalty and e-commerce.
Another promotion, this time for Robert Higginbotham, previously vice-president of investor relations, will similarly expand the Wall Street alum’s responsibilities under a higher-ranking title: senior vice-president for investor relations, financial planning and analysis.
Meanwhile, Harvard MBA and Levi Strauss & Co board member Elliott Rodgers, a former colleague of president and chief executive Mary Dillon at Ulta Beauty, is due to step into the shoes of executive vice-president and chief operations officer, also beginning December 1. “Elliott’s track record of execution in supply chain, logistics, e-commerce fulfilment and information technology make him an ideal addition to our team,” Ms Dillon said.
Read our interview with Mary Dillon in the latest edition of WSA magazine here.
