Foot Locker Promotes Two Executives

by Katie Lee

New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, has promoted Stephen D. (Jake) Jacobs to executive vice president and CEO, North America, and Lewis P. Kimble to executive vice president and CEO, International, both effective February 29, 2016.

“Jake Jacobs and Lew Kimble have done exceptional work leading their respective teams in the execution of the key initiatives of our strategic plan, and in the process of doing so they have contributed tremendously to the outstanding financial performance we have achieved as a company over the last several years,” says Richard Johnson, president and chief executive officer. “I am very pleased to announce the board’s decision to recognize Jake’s and Lew’s leadership with these much-deserved promotions.”

Jacobs has been with the company for 18 years, most recently as president and CEO of Foot Locker North America. He previously served as president and CEO of Champs Sports. 

Kimble has been with the company for almost 40 years, having started his career as a store associate in 1976. He has served as president and CEO of Foot Locker Europe since 2010 and prior to that was managing director of Foot Locker Asia/Pacific. 

“Our new organizational structure will be a catalyst for us to deliver on our 2020 strategic initiative to aggressively pursue European expansion opportunities in both our stores and digital platforms,” says Kimble. 

Foot Locker, Inc. is a specialty athletic retailer that, as of January 30, 2016, operated 3,383 stores in 23 countries in North America, Europe, Australia and New Zealand. Store banners include Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point and Sidestep.

SOURCE: Foot Locker, Inc.

You may also like