Kirk Palmer Associates has been retained to guide the search for a new president for Famous Footwear. Caleres Inc. recently announced that Famous Footwear’s president, Rick Ausick, will retire this year as part of a planned succession.
Ausick will remain actively involved and participate in day-to-day operations during both the search and transition.
“The Caleres board of directors and its executive leadership has been preparing for Rick’s retirement by developing a deep bench of strong leaders at Famous Footwear and by expanding the breadth and depth of our brand portfolio,” said Diane Sullivan, CEO, president and chairman of the St. Louis-based parent company of Famous Footwear. “We are actively managing the search for Rick’s successor, and, since it is incredibly important for us to find the right person for this role, we are considering both internal and external candidates. Our goal is to ensure a thoughtful, seamless transition.”
Famous Footwear is a nationwide chain of retail stores that sell branded footwear, generally at prices discounted from manufacturer’s suggested prices. The chain maintains over 1,125 storefronts.
