Here’s why you’ll see more CFO turnover before the year’s over [Fortune]
Foot Locker, Inc. (FL)
Last foot locker, inc. earnings: 2/28 06:45 am
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Source: Fortune
CFO turnover was 14% from Q1 through Q3, slightly lower than 16% the same period last year, which was powered by heavy recruiting, according to Russell Reynolds, an executive search and leadership advisory firm. But as Q4 continues, the firm is seeing higher turnover compared to last quarter, especially post Q3 earnings announcements, says Linda Barham, who leads the firm’s financial officers practice for the Americas region. Barham shares several reasons why this taking place: – Toward the year’s end, there is typically increased scrutiny on not only the company’s overall performance, which has been impacted by market volatility this year but the CFO’s “in the chair” job performance. -Organizationally there is a focus on what the required skill sets are needed going forward at the executive level. As we head into 2023 those skill sets might be slightly shifted in the CFO chair, particularly during a recessionary period. (For example, a deep cash flow focus, the liquidity needs of
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- Foot Locker vs Dick's Sporting Goods vs. JD Sports Are Battling for Market Share: Who Owns What? [Yahoo! Finance]Yahoo! Finance
- A Look At The Fair Value Of Foot Locker, Inc. (NYSE:FL) [Yahoo! Finance]Yahoo! Finance
- JD Sports to buy U.S. rival Hibbett in $1.08 billion sportswear retail deal [CNBC]CNBC
- Foot Locker, Inc. (NYSE: FL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
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Earnings
- 3/6/24 - Beat
FL
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- FL's page on the SEC website