BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Hibbett Sports, Inc. (NASDAQ/GS: HIBB), an athletic specialty retailer,
announced today that Christine Skold is temporarily joining the Company
as Interim Chief Financial Officer effective April 26, 2019, succeeding
Scott Bowman, whose resignation was announced on April 5, 2019. Ms.
Skold will oversee the Company's financial operations on an interim
basis, while the Company conducts a formal search for a replacement.
Ms. Skold served 15 years with retail company Tractor Supply Company,
holding several progressive positions in accounting. She additionally
held the positions of Vice President Internal Audit and Vice President
Strategy and Continuous Improvement, with her final position at Tractor
Supply Company being Vice President, Investor Relations and Corporate
Communications. Previously, Ms. Skold was Assistant Controller at Moll
Industries and worked eight years at Arthur Andersen, LLP. Ms. Skold
graduated from Tennessee Technological University with a Bachelor of
Science in Accounting and is an active CPA in the State of Tennessee.
Jeff Rosenthal, President and Chief Executive Officer, stated, "We
welcome Christine's extensive retail experience and guidance as we begin
our search for a permanent Chief Financial Officer. Her knowledge and
contributions will be a valuable addition to our senior leadership team
as we continue to drive initiatives that are in the best interests of
our customers and shareholders."
Additionally, the Company announced that Bill Quinn, Vice President of
Digital Commerce, and Ron Blahnik, Vice President and Chief Information
Officer, were promoted to Senior Vice President roles effective April
26, 2019. Mr. Quinn joined the Company in March 2016 as Vice President
of Digital Commerce. Mr. Blahnik joined the Company in November 2016 as
Vice President and Chief Information Officer.
Mr. Rosenthal further stated, "Both Bill and Ron have been instrumental
in building our omni-channel capabilities and growing our strategic
alignment and project management capabilities. We have made great
progress in our initiative to create a seamless shopping experience for
our customers, whether it is in our stores, on the web, or through a
mobile device. I am pleased to announce these promotions as Bill and Ron
continue to develop new functionality that we believe will drive
efficiencies and continue to make us more competitive and relevant to
our customers in the future."
Hibbett, headquartered in Birmingham, Alabama, is a leading
athletic-inspired fashion retailer with more than 1,100 stores under the
Hibbett Sports and City Gear banners, primarily located in small and
mid-sized communities. Founded in 1945, Hibbett has a rich history of
convenient locations, personalized customer service and access to
coveted footwear, apparel and equipment from top brands like Nike,
Jordan, Adidas, and Under Armour. Consumers can browse styles, find new
releases, shop looks and make purchases online or in their nearest store
by visiting www.hibbett.com
or www.citygear.com.
Follow us @hibbettsports and @citygear.
A WARNING ABOUT FORWARD LOOKING STATEMENTS: Certain matters
discussed in this press release are "forward looking statements" as that
term is used in the Private Securities Litigation Reform Act of 1995.
Forward looking statements address future events, developments or
results and typically use words such as "believe," "anticipate,"
"expect," "intend," "plan," "forecast," "guidance," "outlook,"
"estimate," "continue," "will," "may," "could," "possible," "potential"
or other similar words, phrases or expressions. For example, our
forward-looking statements include statements regarding the role and
expected tenure of our Interim Chief Financial Officer, our search for a
permanent Chief Financial Officer and our expectations regarding the
development of new omni-channel functionality or capabilities. Such
statements are subject to risks and uncertainties that could cause
actual results to differ materially, including economic conditions,
industry trends, merchandise trends, vendor relationships, customer
demand, and competition. For a discussion of these factors, as
well as others which could affect our business, you should carefully
review our Annual Report and other reports filed from time to time with
the Securities and Exchange Commission, including the "Risk Factors,"
"Business" and "MD&A" sections in our Annual Report on Form 10-K filed
on April 18, 2019. In light of these risks and uncertainties, the future
events, developments or results described by our forward-looking
statements in this document could be materially and adversely different
from those we discuss or imply. We are not obligated to release
publicly any revisions to any forward-looking statements contained in
this press release to reflect events or circumstances occurring after
the date of this report and you should not expect us to do so.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190426005053/en/
Christine Skold
Interim Chief Financial Officer
(205) 942-4292
Source: Hibbett Sports, Inc.
