Academy Sports + Outdoors Announces President Transition; Sam J. Johnson Promoted To President; Michael P. Mullican Steps Down As President To Pursue Other Personal And Professional Opportunities
Portfolio Pulse from Benzinga Newsdesk
Academy Sports and Outdoors, Inc. (NASDAQ:ASO) announced a change in its executive leadership. Sam J. Johnson, the current Executive Vice President of Retail Operations, will become President, succeeding Michael P. Mullican, who is stepping down to pursue other opportunities. Johnson's responsibilities will include oversight of retail operations, real estate & construction, and logistics & supply chain. Eric Friederich has been promoted to Senior Vice President of Retail Operations.
October 23, 2023 | 1:20 pm
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Academy Sports and Outdoors, Inc. announced a leadership transition with Sam J. Johnson becoming President and Eric Friederich being promoted to Senior Vice President of Retail Operations.
Leadership transitions can have a significant impact on a company's operations and strategic direction. However, given that the new President has been with the company since 2017 and has a successful track record, the impact on the stock price is likely to be neutral in the short term. The promotion of Eric Friederich to Senior Vice President of Retail Operations also indicates continuity in the company's operations.
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