Richard Johnson

Foot Locker CEO Ken Hicks is retiring and will be succeeded by Richard Johnson, the sneaker chain's COO. Hicks, 61, who joined the chain in 2009 from J.C. Penney, plans to step down on Dec. 1 and will continue as executive chairman through the annual shareholder meeting in May, the New York-based company said in a statement. Since arriving at Foot Locker, Hicks has revamped store layouts and merchandising, while closing weaker locations. Hicks also added more running footwear just as the category took off. 

Foot Locker announced the promotion of Richard A. Johnson to the position of executive vice president and chief operating officer, effective immediately. Johnson will retain responsibility for all of the company's store banners worldwide. He's been executive vice president and group president, retail stores since July 2011. Johnson has been with the company for more than 15 years in positions of increasing responsibility, including as president and CEO of the company's Foot Locker divisions in the U.S., president and CEO of Foot Locker Europe, and president and CEO of Footlocker.com/Eastbay.

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