CFO Resigns From Foot Locker

New York City, Bruce Hartman resigned as CFO of footwear retailer Foot Locker. The retailer named Robert W. McHugh as his replacement, and naned Giovanna Cipriano as VP and chief accounting officer, taking over McHugh's former post.

The company released the following statement: “We are pleased that the company has the senior management depth to promote such strong financial executives from within and we fully expect this to be a seamless transition.”