The Finish Line, Inc. announced  that Steve Schneider, currently president and chief operating officer, will transition to the role of executive vice president of strategic initiatives effective July 1.

“When Steve first approached me about his long-term plan toward retirement after almost 35 years in specialty retail including 24 years at Finish Line, we discussed how to continue to capitalize on his strengths and the vital role he holds with our leadership team,” said Glenn Lyon, chairman and chief executive officer. “Steve’s incredible business acumen, his strong operational analysis and his keen vision for planning will be key to implementing Finish Line’s long-term strategic growth plan.”

Organizationally, Schneider will report to Lyon. Those currently reporting to Schneider will either report to Lyon or Ed Wilhelm, executive vice president and chief financial officer.

“As I look down the road both personally and professionally, this new position affords me the opportunity to spend more time with my family and to work more closely with community and philanthropic groups that I value while staying intricately involved in Finish Line’s long-term organizational strategy,” added Schneider.