FOOT LOCKER, INC. ANNOUNCES LEADERSHIP TEAM CHANGES
Frank Bracken Named Chief Commercial Officer;
Frank Brackenhas been named Executive Vice President and Chief Commercial Officer, effective December 1, 2022, and will continue leading Foot Locker'sglobal retail banners, merchandising, and marketing, as well as digital, loyalty, and e-commerce. Mr. Brackenis a critical enterprise leader who has held multiple leadership roles in his more than 12 years at Foot Locker. Notably, he has been instrumental in developing and executing the Company's strategy to drive the elevation and expansion of the Company's core banners – Foot Locker, Kids Foot Locker, Champs and, most recently, WSS and atmos.
- Elliott Rodgers joins the Company as Executive Vice President and Chief Operations Officer, effective
December 1, 2022, and will oversee supply chain, information technology, and procurement. Mr. Rodgersbrings to Foot Lockerover 20 years of leadership experience in operations planning, supply chain, logistics, information technology, and enterprise data and analytics. He was previously an executive at Ulta Beauty, Inc. for eight years, serving as Chief Supply Chain Officer, Chief Information Officer, and Senior Vice President, Supply Chain.
Andrew Pagewill transition out of his role of Chief Financial Officer following the Company's fourth quarter 2022 earnings report to pursue other opportunities. Foot Lockeris initiating a comprehensive search, with the assistance of a leading executive recruiting firm, to identify his successor.
Rosalind Reeves, Vice President, Talent, Diversity and Organization Capability, has been promoted to Executive Vice President and Chief Human Resources Officer, effective December 1, 2022. Ms. Reevesbrings to the role more than 25 years of experience in human resources and deep expertise in talent acquisition and talent management; Diversity, Equity, and Inclusion programs; employee engagement, learning and development; and benefits. Ms. Reevessucceeds Elizabeth Norberg, who will step down as Chief Human Resources Officer, effective December 1, 2022, and will remain with the Company for a transition period.
Robert Higginbotham, Vice President, Investor Relations, has been promoted to Senior Vice President, Investor Relations and Financial Planning and Analysis, effective December 1, 2022. In his expanded role, Mr. Higginbothamwill have direct responsibility for the Financial Planning and Analysis team, in addition to Investor Relations. Mr. Higginbothampreviously spent nearly 20 years on Wall Streetas an equity research analyst and portfolio manager focused on the retail, footwear, and apparel sectors and has significant financial and analytical experience.
"Separating our commercial activities from our supply chain and IT functions will better position
Elliott Rodgers has over 20 years of executive experience in cross-functional leadership positions in supply chain, logistics, operations, transportation, information technology, omnichannel, and ecommerce fulfillment. He most recently served as
This press release contains forward-looking statements within the meaning of the federal securities laws. Other than statements of historical facts, all statements which address activities, events, or developments that the Company anticipates will or may occur in the future, including, but not limited to, such things as future capital expenditures, expansion, strategic plans, financial objectives, dividend payments, stock repurchases, growth of the Company's business and operations, including future cash flows, revenues, and earnings, and other such matters, are forward-looking statements. These forward-looking statements are based on many assumptions and factors, which are detailed in the Company's filings with the U.S. Securities and Exchange Commission.
These forward-looking statements are based largely on our expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond our control. For additional discussion regarding risks and uncertainties that may affect forward-looking statements, see "Risk Factors" disclosed in the Company's Annual Report on Form 10-K for the year ended January 29, 2022 filed on March 24, 2022. Any changes in such assumptions or factors could produce significantly different results. The Company undertakes no obligation to update the forward-looking statements, whether as a result of new information, future events, or otherwise.
Vice President, Investor Relations
Senior Director, Corporate Communications
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SOURCE Foot Locker IR