World Footwear

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Foot Locker CFO Lauren B. Peters to retire in April 2021

Dec 22, 2020 United States
Foot Locker CFO Lauren B. Peters to retire in April 2021
The New York-based specialty athletic retailer announced the planned retirement of Lauren B. Peters, Foot Locker's Executive Vice President and Chief Financial Officer. Foot Locker has initiated a comprehensive search process
The company expects to consider both internal and external candidates for the position.

"Lauren has had a remarkable 23 years at Foot Locker, including leading our finance organization for the last nine years as CFO. With her expertise and leadership, we have built a world-class finance organization and successfully executed a series of strategic initiatives that position Foot Locker to continue driving growth and value creation. Lauren has been an integral member of our management team and a tremendous partner to me. On behalf of the entire Board of Directors and the management team, we thank Lauren for her many contributions and wish her all the best in her well-deserved retirement. We are pleased to be able to benefit from her ongoing leadership as we conduct our CFO search and execute a seamless transition next year", commented Richard Johnson, Chairman and Chief Executive Officer. 

"I have had a fulfilling career in my more than two decades at Foot Locker, and it has been an honour to work alongside such a talented and dedicated team," said Peters. "I am proud of the company's many accomplishments during my tenure, the tremendous progress we have made in positioning the company at the centre of youth culture, and the strong team we have built. I look forward to focusing on my board roles and adventures with my dear husband, Richard, as we embark on our next chapter. I am confident in Foot Locker's ongoing success and look forward to watching the Company's continued growth in the years ahead", she concluded.

About Foot Locker

The company has its corporate headquarters in New York, a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, and Sidestep and approximately 3 000 retail stores in 27 countries across North America, Europe, Asia, Australia and New Zealand, as well as websites and mobile apps.

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