J. Carter Bacot, a member of the Board of Directors of Foot Locker, Inc. and the lead director, died at home in Montclair, NJ on April 7, 2005. The cause was cited as cardiac arrest in published reports. Mr. Bacot, who had been a FL director since 1993, had served as non-executive COB from March 2001 until January 2004. He was 72 years old.
Mr Bacot was well-known as a cost-cutter during his reign as president, CEO, and COB at The Bank of New York, a company he served for 43 years. He was also a trustee of Atlantic Mutual Insurance Company and a director of its subsidiary, Centennial Insurance Company, and a director of NVR, Inc.
He is survived by Shirley, his wife of 44 years, and their two daughters. The family has asked that contributions in Carters memory be made to the Bacot Family Scholarship at Hamilton College.
