FOOT LOCKER, INC. ELECTS VIRGINIA C. "GINA" DROSOS AS A DIRECTOR

Rhea-AI Summary

Foot Locker, Inc. (NYSE: FL) has announced the election of Virginia C. "Gina" Drosos as a new independent director, effective February 2, 2022. Drosos, currently the CEO of Signet Jewelers Limited, brings extensive experience in branding and global operations. Foot Locker's Chairman, Richard A. Johnson, expressed enthusiasm about her leadership capabilities and track record in growing businesses. Drosos aims to contribute to Foot Locker's mission of inspiring youth culture through exceptional customer experiences.

Positive

• Appointment of Gina Drosos as new independent director could enhance strategic oversight.
• Drosos' extensive experience in retail and branding may contribute to the company's growth.

Negative

• None.

NEW YORK, Feb. 3, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced that its Board of Directors has elected Virginia C. "Gina" Drosos as a director of the Board, effective February 2, 2022.

Ms. Drosos is currently Chief Executive Officer of Signet Jewelers Limited, the world's largest retailer of diamond jewelry. She has extensive experience in branding, marketing, global operations, and business expansions into new product lines, retail channels, and geographies.

"We are excited to welcome Gina to our Board as a new independent director," said Richard A. Johnson, Chairman and Chief Executive Officer of Foot Locker, Inc. "As the sitting CEO of a specialty retailer, Gina is a visionary and transformational leader with an entrepreneurial mindset, and a proven track record of growing and scaling global businesses through innovation."

Upon her appointment, Ms. Drosos said, "I am excited to join Foot Locker, Inc.'s Board and work with this exceptional team to contribute to the Company's purpose to inspire and empower youth culture. I look forward to sharing my experiences, contributing to the Company's future direction and growth, and building on its vision to provide unrivaled customer experiences."

Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, Footaction, and Sidestep. With approximately 3,000 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit www.footlocker-inc.com.

Investor Contact:                                                                                                                     
Robert Higginbotham                                                                                                          
Vice President, Investor Relations                                                                                            
Foot Locker, Inc.                                                                                                                      
robert.higginbotham@footlocker.com                                                                                      
(212) 720-4600                                                                                                                         

Media Contact:   
Matthew Di Taranto
Director, Corporate Communications  
Foot Locker, Inc.
matthew.ditaranto@footlocker.com
(718) 970-1260

View original content:https://www.prnewswire.com/news-releases/foot-locker-inc-elects-virginia-c-gina-drosos-as-a-director-301474435.html

SOURCE Foot Locker, Inc.

FAQ

Who is Virginia C. Drosos in relation to Foot Locker?

Virginia C. Drosos has been elected as an independent director of Foot Locker's Board effective February 2, 2022.

What experience does Gina Drosos bring to Foot Locker?

Gina Drosos is the CEO of Signet Jewelers Limited and has extensive experience in branding, marketing, and global operations.

Why is Foot Locker's Board excited about Gina Drosos's appointment?

The Board believes Drosos's visionary leadership and proven track record will aid Foot Locker's growth and innovation.

What is Foot Locker's mission as stated in the press release?

Foot Locker aims to inspire and empower youth culture by creating unrivaled experiences in the global sneaker community.