Richard T. Mina was the CEO of Foot Locker, Inc.-U.S.A. from April 2008 to October 2008. With a focus in retail, he has held substantial roles in the company's operations before leading the U.S. segment. In an interesting turn, his...
Richard T. Mina was the CEO of Foot Locker, Inc.-U.S.A. from April 2008 to October 2008. With a focus in retail, he has held substantial roles in the company's operations before leading the U.S. segment. In an interesting turn, his tenure ended when he was terminated without cause, prompting a significant severance of $1.6 million, alongside benefits from the company’s retirement plans. Notably, he received a total compensation package of just over $3.4 million in his last year, which included a vested stock component worth $439,200 due to his abrupt departure. Before stepping into the CEO role, Mina had extensive experience at Foot Locker, having previously served as CEO for the Champs Sports division and President of Foot Locker Europe. His accomplishments in the executive suite reflect a deep understanding of the retail market, especially in sports apparel. While his time at the helm was short-lived, it did come with an impressive financial package, capturing a moment of both high stakes and the unpredictability found in corporate leadership.