INDIANAPOLIS — The Finish Line's current president and COO Steve Schneider has announced his plans to retire after 24 years with the company.
“When Steve first approached me about his long-term plan toward retirement after almost 35 years in specialty retail, including 24 years at Finish Line, we discussed how to continue to capitalize on his strengths and the vital role he holds with our leadership team,” said chairman and CEO Glenn Lyon. “Steve’s incredible business acumen, his strong operational analysis and his keen vision for planning will be key to implementing Finish Line’s long-term strategic growth plan.”
The news comes amid the company's results for the first quarter ended June 1, which saw net income plunge 59% amid start-up costs related to its deal to open branded in-store shops in Macy’s. Despite the dip, the retailer still beat Wall Street expectations.
The Finish Line