Foot Locker CFO to depart next year

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Foot Locker Inc. FL, +2.66% said late Tuesday that Chief Financial Officer Andrew Page will leave the company after the fourth-quarter earnings report “to pursue other opportunities.” The retailer is launching a search for a successor, with the help of a “leading” executive recruiting firm, it said. Foot Locker is slated to report fourth-quarter earnings in February. The company also announced that Elliott Rodgers is joining it as chief operations officer, effective Thursday, to oversee supply chain, information technology, and procurement. Rodgers previously was an executive at Ulta Beauty Inc. ULTA, -1.61%. Foot Locker also named Frank Bracken, who oversaw the company’s growth initiatives, as its chief commercial officer. “Separating our commercial activities from our supply chain and IT functions will better position Foot Locker to support growth and enhance operating efficiency,” Chief Executive Mary N. Dillon said in a statement. Shares of Foot Locker were flat in the extended session Tuesday after ending the regular trading day up 2.7%.

This article was originally published by Marketwatch.com. Read the original article here.

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