Foot Locker Inc. (FL)’s Incredible CEO

Foot Locker also does a good job of taking care of its employees. In addition to offering comprehensive health and dental packages to employees, Foot Locker, Inc. (NYSE:FL) will reimburse up to $5,200 worth of qualified tuition annually, provide wellness benefits like flu shot vaccinations and fitness membership discounts in some locations, and, of course, offer a hefty 30% discount off regularly priced merchandise. If you love shoes, you’re bound to enjoy working for Foot Locker.

Ken Hicks also believes strongly in giving back to the communities that it operates in. During May, as part of the We-Care.com drive to help children with cancer, Foot Locker, Inc. (NYSE:FL) is donating 3% of its online proceeds to help fund research, as well as provide entertainment activities within hospitals to help children afflicted by cancer.

Two thumbs up
Ken Hicks has unquestionably transformed Foot Locker, Inc. (NYSE:FL) for the better under his tenure. His leadership has pushed the company to lower expenses, properly manage inventory, and focus on market-leading brands and younger consumers. In addition, Hicks has built a system that could be successful even if he’s not around. As Hicks responded recently when questioned about leadership:

“CEOs should remember that if they take a day off, the world will keep turning — but if their frontline managers disappear, the company will quickly come grinding to a halt. That means that it’s vital to ensure your company isn’t run as ‘a top-down environment where everyone was told what to do,’ but instead leverages the passion, insights, and customer-service talents of its employees.”

Hicks has done a phenomenal job building value for shareholders, keeping employees happy, and giving back to the community. For that, I give him two emphatic thumbs up.

The article This Is 1 Incredible CEO originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool owns shares of, and recommends, NIKE, Inc. (NYSE:NKE).

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