Foot Locker appoints SVP, chief information officer
New York-based specialty athletic retailer Foot Locker announced on Monday the appointment of Himanshu Parikh as senior vice president, chief information officer.
"I am pleased to welcome Himanshu to the Foot Locker team as we continue to move ahead with our strategic technology agenda," said Richard Johnson, chairman and CEO.
"Over the last several years, Foot Locker has made tremendous progress in leveraging data and technology to drive customer connections and convenience, support the growth of our loyalty program and build a customer-driven supply chain. We recognize the vital importance that technological leadership plays in our continued success.”
In this role, Parikh will oversee the future execution of the company’s strategic technology agenda. Moreover, he will have operational responsibility for the company's technology and infrastructure, and he will work closely with the senior executive team to streamline processes as well as evaluate and implement new systems and tools.
Most recently, he served as SVP, chief technology officer at The Michaels Companies, Inc, where he oversaw Digital Commerce, Marketing/CRM, Data & Analytics and Loyalty, as well as the expansion of its omni-channel commerce and Supply Chain growth.
Prior to joining Michaels, Parikh held several executive roles with Ross Stores, leading teams that developed modern web and mobile applications, IT investment plans, roadmaps, technology standards, and governance of new technology.
"I'm excited to join the Foot Locker team in continuing to enhance the technology capabilities that support the company's leadership in celebrating sneaker and youth culture around the globe," said Parikh. "I look forward to working closely with Dick and the rest of the Foot Locker team, leveraging my technology expertise and retail experience to meet and exceed the evolving expectations of our customers, while also providing the right tools and technology for our team members."
In the third quarter ended October 31, 2020, Foot Locker reported net income of $265 million, or $2.52 per share, on sales of $2.1 billion, a 9 percent increase compared to net sales of $1.9 billion in the prior-year period.
The company is also currently on the hunt for a new executive vice president and chief financial officer, after announcing the retirement of Lauren B. Peters, last month.
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