Specialty athletic retailer Foot Locker has elected Ken Hicks president and chief executive officer, effective August 17. Mr Hicks was also elected a member of the company's board.

Mr Hicks will succeed Matthew Serra, who has been CEO since March 2001 and chairman since February 2004. Mr Serra will continue as chairman until his planned retirement on January 30, 2010. He will also retire from the Foot Locker board on that date.

Share this story: