Dick’s Sporting Goods said in a regulatory filing that Donald J. Germano, EVP, stores and supply chain, retired from his position. He will receive a severance payment equal to twelve months of his current base salary of $700,000.

The terms of his separation also include an eighteen-month non-compete, non-solicitation period and confidentiality agreement.

Germano held the position since May 2022. He rejoined DKS in May 2017 as senior vice president, operations, and, in recent years, had also held the role of EVP, stores. He was also SVP, operations at DKS from 2010 to 2013 before taking the role of president of Follett Higher Education Group for three years.