Foot Locker names former Ulta Beauty chief as CEO

Published August 19, 2022 6:46 AM

By MATT OTT
AP Business Writer

SILVER SPRING, Md. (AP) — Foot Locker is naming former Ulta Beauty CEO Mary Dillon as its chief executive, replacing Richard Johnson, who will retire next month after leading the athletic retailer since 2014. Dillon will take over the top position at Foot Locker effective September 1. Dillon led beauty retailer Ulta Beauty from 2013 to 2021 as it doubled its number of stores and loyalty memberships. She also served as president and CEO of U.S. Cellular and held executive and leadership positions at McDonald’s and PepsiCo. Foot Locker also reported second-quarter profit that beat analysts’ expectations, sending shares up more than 20% in afternoon trading.

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