DICK'S Sporting Goods Names Larry Fitzgerald, Jr. to Its Board of Directors

Rhea-AI Summary

DICK'S Sporting Goods, Inc. (NYSE: DKS), the leading U.S. sporting goods retailer, has appointed NFL Pro Bowler Larry Fitzgerald, Jr. to its Board of Directors. Fitzgerald, who has been associated with DICK'S for nearly a decade, brings valuable insights from his sports career and business experience, including a minority stake in the NBA's Phoenix Suns. Chairman Ed Stack highlighted Fitzgerald’s integrity and shared values as key assets. Fitzgerald's involvement in community initiatives, including youth sports, aligns with the retailer's mission to inspire athletes.

Positive

• Larry Fitzgerald's extensive sports experience may enhance strategic decisions.
• His commitment to community engagement aligns with DICK'S values, potentially bolstering brand loyalty.

Negative

• None.

PITTSBURGH, July 16, 2020 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), the largest U.S.-based omni-channel sporting goods retailer, today announced that Larry Fitzgerald, Jr., the 11-time Pro Bowl wide receiver for the NFL's Arizona Cardinals, has been named to the company's Board of Directors.

"Larry has been part of the DICK'S Sporting Goods family for nearly 10 years, and we've gotten to know him very well," said Ed Stack, Chairman and CEO. "Larry has a deep understanding of the business of sports and its market dynamics. Larry is a man of integrity, and he shares our values and our commitment to caring for communities. Based on his background, Larry will be a great addition to our Board."

Fitzgerald is an active member in the business community. He joined the Sports Matter Advisory Board of The DICK'S Sporting Goods Foundation in 2018 to help inspire and enable youth sports participation, and he recently purchased a minority ownership stake in the NBA's Phoenix Suns.

"I've long admired DICK'S Sporting Goods, and over the years have had the opportunity to see up close what they stand for and who they are as a company," said Fitzgerald. "We share a passion for sports, supporting young people and serving our communities. I could not be more excited to join the Board and share my experience and knowledge to help DICK'S grow and continue to be a leader in the retail and sports industries."

Outside the field of play, through the "Larry Fitzgerald First Down Fund," founded in 2005, Fitzgerald has used his personal platform to support children and families in-need, with a focus on promoting literacy and technology skills, as well as spearheading efforts to prevent and cure breast cancer.

In honor of his mother who passed away from breast cancer in 2003, Fitzgerald founded the Carol Fitzgerald Memorial Fund. The organization is dedicated to supporting causes that his mother was passionate about, including support for Black women with breast cancer, the prevention of HIV/AIDS among Black communities and education initiatives for urban youth.

In 2017, Fitzgerald was a co-winner of the Walter Payton NFL Man of the Year Award, which recognizes a player for excellence on and off the field. He has made five USO tours to visit soldiers overseas and has helped dig wells and build irrigation systems in Ethiopia with Oxfam, a global nonprofit working to end poverty. Fitzgerald has donated substantially to various schools, groups and parks around the Minneapolis and St. Paul area, where he was born and raised.

Fitzgerald played college football at the University of Pittsburgh, where he earned unanimous All-America honors, and received a B.A. in Communications from the University of Phoenix.

About DICK'S Sporting Goods, Inc. 

Founded in 1948, DICK'S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of May 2, 2020, the Company operated 726 DICK'S Sporting Goods locations across the United States, serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated teammates, in-store services and unique specialty shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear.

Headquartered in Pittsburgh, PA, DICK'S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as GameChanger, a youth sports mobile app for scheduling, communications and live scorekeeping.  DICK'S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.  For more information, visit the Investor Relations page at dicks.com.

CONTACTS: DICK'S Sporting Goods, 724-273-5552, press@dcsg.com

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SOURCE DICK'S Sporting Goods, Inc.

FAQ

Who is Larry Fitzgerald, Jr. in relation to DICK'S Sporting Goods?

Larry Fitzgerald, Jr. is an 11-time Pro Bowl NFL player who has been appointed to the Board of Directors of DICK'S Sporting Goods.

What impact could Larry Fitzgerald's appointment have on DICK'S Sporting Goods?

His experience in sports and dedication to community initiatives may positively influence DICK'S strategic direction and brand reputation.

When was Larry Fitzgerald, Jr. appointed to DICK'S Sporting Goods Board?

Larry Fitzgerald, Jr. was appointed to the Board of Directors on July 16, 2020.

What roles has Larry Fitzgerald held outside of his NFL career?

Fitzgerald has been involved in various community initiatives and is on the Sports Matter Advisory Board of The DICK'S Sporting Goods Foundation.