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Foot Locker appoints new executive VP and CFO

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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Foot Locker has announced the appointment of Andrew E. Page as executive VP and CFO, effective April 12, 2021.

Page will join the retailer from Advance Auto Parts, where he served as senior VP chief accounting officer and controller, bringing nearly 30 years of finance and accounting experience in retail, athletic footwear and apparel, and other industries with him.

His appointment follows the company’s previous announcement that Lauren B. Peters would retire from Foot Locker.

Page will report directly to Richard Johnson, chairman and CEO and will oversee Foot Locker’s accounting, financial planning and analysis, investor relations, treasury, tax, internal audit, and risk management functions.

Commenting on his new role, Page said: “I am thrilled to join this incredible team with a proud history at such a pivotal time. I look forward to working closely with Dick and the rest of Foot Locker’s leadership team to help shape the Company’s future in our next stage of growth.

“Together, we are committed to leading a bold agenda that creates meaningful customer experiences and delivers value for shareholders and all stakeholders.”

Johnson added: “As we look towards the future and to deliver on our purpose to inspire and empower youth culture, Andrew’s fresh perspective and capabilities will contribute to our focus on delivering profitable growth for our shareholders.

“He’s a great addition to our dynamic and diverse leadership team – with keen insight and a vision on the market and our industry at large that complements our already high-performing operation.”

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