Genesco Announces Journeys Group President Mario Gallione to Retire in February 2024
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--Search Process Underway To Identify Successor--
“I would like to thank Mario for his remarkable 44-year career with Genesco. He has been part of the team since the beginning and has been instrumental in building Journeys into the leading teen fashion footwear retailer. Mario’s merchant leadership and exceptional footwear expertise have been a significant part of Journeys’ long-term growth, record success and value creation,” said Genesco Board Chair, President and Chief Executive Officer Mimi E. Vaughn. “Beyond Mario’s entrepreneurial strengths, his distinct desire to develop a world class organization with a strong foundation of culture and talent will define his legacy. Mario’s servant heart and philanthropy are exemplified by the Journeys Attitude That Cares program, which has impacted thousands of employees and customers through scholarships, volunteer service and community collaboration. He has been a respected member of our leadership team, and we will wish him the very best in a well-deserved retirement. I am confident that as a result of his work and the strong team in place, Journeys is well positioned for tremendous success in the years ahead.”
“It has been an honor to work with the extraordinary team at Journeys and Genesco. As I look back, especially over the past six years as president, I am incredibly proud of what our team has accomplished including successfully expanding our digital transformation enabling us to serve our customers with the right products in the ways our teens want to shop, as well as successfully managing through an unprecedented pandemic,” said Gallione. “Our outstanding people have created the industry-leading teen footwear retail brand that is now serving its fourth generation. I am excited to help execute a seamless transition and see how this team takes Journeys to the next level.”
The Company has initiated a broad search process to identify Gallione’s successor with the assistance of Egon Zehnder, a leading executive leadership firm, and expects to consider both internal and external candidates.
During the transition, Gallione will become Journeys’ president emeritus. In addition, Mike Sypert has been named Journeys’ chief operating officer responsible for aiding the transition of leadership as well as assuming day-to-day responsibilities for Journeys, Journeys Kidz and Little Burgundy’s business, including stores and websites in the
Sypert is a 34-year company veteran who most recently served as Journeys executive vice president of sales and retail operations.
About Genesco Inc.
Genesco Inc. (NYSE: GCO) is a footwear focused company with distinctively positioned retail and lifestyle brands and proven omnichannel capabilities offering customers the footwear they desire in engaging shopping environments, including approximately 1,400 retail stores and branded e-commerce websites. Its Journeys, Little Burgundy and Schuh brands serve teens, kids and young adults with on-trend fashion footwear that inspires youth culture in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20230830044121/en/
Genesco Financial Contacts
Thomas A. George
(615) 367-7465
tgeorge@genesco.com
Darryl MacQuarrie
(615) 367-7672
dmacquarrie@genesco.com
Genesco Media Contact
Claire S. McCall
(615) 367-8283
cmccall@genesco.com
Source: Genesco Inc.
