Foot Locker Inc. announced the planned retirement of Lauren Peters, Foot Locker’s executive vice president and chief financial officer, with an expected effective date in April 2021. A successor has not yet been named.

Richard Johnson, chairman and chief executive officer, said, “Lauren has had a remarkable 23 years at Foot Locker, including leading our finance organization for the last nine years as CFO. With her expertise and leadership, we have built a world-class finance organization and successfully executed a series of strategic initiatives that position Foot Locker to continue driving growth and value creation. Lauren has been an integral member of our management team and a tremendous partner to me. On behalf of the entire Board of Directors and the management team, we thank Lauren for her many contributions and wish her all the best in her well-deserved retirement. We are pleased to be able to benefit from her ongoing leadership as we conduct our CFO search and execute a seamless transition next year.”

“I have had a fulfilling career in my more than two decades at Foot Locker, and it has been an honor to work alongside such a talented and dedicated team,” said Peters. “I am proud of the Company’s many accomplishments during my tenure, the tremendous progress we have made in positioning the Company at the center of youth culture, and the strong team we have built. I look forward to focusing on my board roles and adventures with my dear husband, Richard, as we embark on our next chapter. I am confident in Foot Locker’s ongoing success and look forward to watching the Company’s continued growth in the years ahead.”
Photos courtesy Foot Locker/Lauren Peters