Back to today’s briefing

Story perspectives

Foot Locker CEO's Pay Drops Amid Merger Plans

5/17/2025

39 8

Summary

Story summary

Foot Locker CEO Mary Dillon's compensation fell to $12.5 million in 2024, down from $14.7 million in 2023.
Dillon's severance package totals $2.8 million without a golden parachute.
A merger with Dick’s Sporting Goods is planned, pending approvals, expected to finalize in late 2025.
The company forecasts a Q1 2024 net loss of $363 million, with comparable sales decreasing by 2.6%.

1 of 1

Story summary

Foot Locker CEO Mary Dillon's compensation fell to $12.5 million in 2024, down from $14.7 million in 2023.
Dillon's severance package totals $2.8 million without a golden parachute.
A merger with Dick’s Sporting Goods is planned, pending approvals, expected to finalize in late 2025.
The company forecasts a Q1 2024 net loss of $363 million, with comparable sales decreasing by 2.6%.