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Foot Locker adds new C-suite role

Neil Bansal
Foot Locker has appointed Neil Bansal as chief strategy and transformation officer.

Foot Locker has expanded its leadership team.

The specialty athletic retailer appointed Neil Bansal as executive VP and to the new role of chief strategy and transformation officer, effective June 1. He brings with him more than 20 years of global experience leading end-to-end corporate strategy and development, transformation, innovation, and digital/data/analytics across consumer and retail businesses, the company stated.

Bansal joins Foot Locker from beer, wine and spirit producer and marketer Constellation Brands, where he served as senior VP, strategy, insights and analytics. (Constellation has more than 100 brands in its portfolio.)

Bansal, who will report directly to Foot Locker chairman and CEO Richard Johnson, will oversee Foot Locker global transformation strategy, “driving organizational outcomes with a relentless focus on the customer, growth, and innovation,” the company stated.

"Neil has an exceptional track record of successfully accelerating revenue growth, and profitability by focusing on strategy, innovation, corporate development, and digital transformation,” said Johnson.  "Neil's fresh perspective and deep experience will further accelerate our consumer-led strategies as we continue to expand our customer base and delight them with a broader and richer product offering and diversify our business across brands, categories, and channels.”

Prior to his role at Constellation Brands, Neil held roles at leading companies including McKinsey & Company, BNP Paribas, JP Morgan Chase, Citigroup, and Bank of America.

Foot Locker, whose brands include Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, and Sidestep, has approximately 2,800 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand as well as websites and mobile apps.

[Read More: Foot Locker boosts Q1 sales as profits slip]

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