Foot Locker on hunt for new CFO; former Ulta Beauty exec named COO
Foot Locker is making changes to its executive team under the leadership of its new CEO, Mary Dillon.
The changes are the first since Mary Dillon, the former chair and CEO of Ulta Beauty, took the reins at Foot Locker in September.
The changes include the departure of CFO Andrew Page, who will leave following the company’s fourth quarter 2022 earnings report “to pursue other opportunities.” Foot Locker is launching a search for his successor.
In other changes, the retailer appointed Elliott Rodgers as executive VP and COO, effective Dec. 1, 2022. He will oversee supply chain, information technology, and procurement.
Rodgers most recently served as chief people officer at project44, a supply chain visibility technology platform, where he led several operational initiatives related to new market launches and personnel management. Prior to that, he spent eight years as an executive at Ulta Beauty, serving as chief information officer, chief supply chain officer and senior VP, supply chain. In these roles, he was responsible for retail distribution, transportation, supplier performance improvement, e-commerce fulfillment, and fulfillment innovation, among other functions.
Earlier in his career, Rodgers held operations-focused leadership positions at Target Corp., Caesars Entertainment, and Citigroup. Prior to joining Ulta in 2013, he was with Target Corp.
The company’s other leadership changes are listed below, with all effective Dec. 1
• Frank Bracken has been named executive VP and chief commercial officer. He will continue leading Foot Locker's global retail banners, merchandising, and marketing, as well as digital, loyalty, and e-commerce.
Bracken 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.
• Rosalind Reeves, VP, talent, diversity and organization capability, has been promoted to executive VP and chief human resources officer. She succeeds Elizabeth Norberg, who will step down from the position effective December 1, 2022, and remain with Foot Locker for a transition period.
• Robert Higginbotham, VP, investor relations, has been promoted to senior VP, investor relations and financial planning and analysis. In his expanded role, he will have direct responsibility for the financial planning and analysis team, in addition to investor relations. Higginbotham previously spent nearly 20 years on Wall Street as 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 Foot Locker to support growth and enhance operating efficiency as we invest in unleashing the power of our leading retail banners by simplifying our operations and expanding our omnichannel, loyalty, and digital capabilities," said Dillon. "Frank has done an outstanding job overseeing growth initiatives across Foot Locker's banners, operating divisions, and geographies, and I am pleased he will continue leading these efforts.”
“In addition, Elliott's track record of execution in supply chain, logistics, e-commerce fulfillment, and IT make him an ideal addition to Foot Locker's team,” Dillon said. I am thrilled to partner with both Frank and Elliott – and the rest of our executive team – as we continue advancing Foot Locker's strategic priorities and creating value for our shareholders, customers, and other stakeholders."
Foot Locker 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. Its brand portfolio includes Foot Locker, Kids Foot Locker, Champs Sports, atmos, WSS, and Sidestep.