Ken C. Hicks has been the CEO of Foot Locker, Inc. since August 2009. Before joining Foot Locker, he had a significant career in retail, serving as the Chief Merchandising Officer at J.C. Penney Company for four years. His experience...
Ken C. Hicks has been the CEO of Foot Locker, Inc. since August 2009. Before joining Foot Locker, he had a significant career in retail, serving as the Chief Merchandising Officer at J.C. Penney Company for four years. His experience includes leading Payless ShoeSource as President too. Hicks' leadership emerged during challenging times in the retail sector, showcasing his ability to adapt. Under his guidance, Foot Locker has focused on performance metrics, emphasizing pre-tax income and return on investment. In 2013, his compensation peaked at over $14 million, a reflection of his performance strategy that ties pay to results. Interestingly, he waived his guaranteed bonus in 2009 due to the company's struggles that year. Hicks has been on the Board of Directors for other firms, gaining a wider perspective on business dynamics. His clear vision helped transform Foot Locker's approach, driving it towards increased market relevance.