// Foot Locker appoints Robert Higginbotham to the role of interim chief financial officer
// Former CFO Andrew Page left the business last year as the retailer confirmed a number of changes within its leadership team
Foot Locker has appointed current senior vice president, investor relations and financial planning and analysis Robert Higginbotham to the role of interim chief financial officer, effective March 1.
Higginbotham will continue to fulfil the duties of his current role and will serve in an interim capacity while the sporting retailer continues its search for a CFO successor.
Back in December, the business unveiled a number of changes to its top team, including the departure of its chief financial officer and the appointment of a new chief operating officer.
Andrew Page stepped down as chief financial officer to pursue other opportunities following the company’s fourth-quarter results announcement.
The business noted that Page’s departure bore no relation to any disagreements with the company on matters related to operations, policies or practices.
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Higginbotham has served in his current position since December 2022 after being promoted from the role of vice president, investor relations, which he held from January 2022 on joining the company.
Last month, Foot Locker said it would be cutting “a number of corporate and support roles” in order to streamline the business, with the redundancies expected to realise cost savings of around £18 million.
During November, Foot Locker upped its full-year guidance after reporting a smaller-than-expected drop in sales and profit in the third quarter of the year.
In the three months to October 29, revenue came in at 2.2 billion dollars, down 0.7% on a reported basis, but up 3.3% on a constant currency basis.
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