Foot Locker, Inc., the iconic American athletic footwear and apparel retailer founded in 1974, was led by CEO Mary N. Dillon from September 2022 to September 2025. During her three-year tenure, Dillon spearheaded the ambitious “Lace Up” turnaround plan that drove comparable sales growth, expanded gross margins, and restored investor confidence after a challenging period. A veteran consumer-marketing executive with leadership stints at Ulta Beauty, McDonald’s, and PepsiCo, Dillon became only the third woman in history to helm two Fortune 500 companies. In May 2025, Dick’s Sporting Goods announced a $2.4 billion acquisition of Foot Locker, which closed in September 2025, ending the company’s run as an independent public company and Dillon’s tenure as CEO.

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Mary Dillon – Quick Facts

Foot Locker Competitors

Foot Locker operated in the highly competitive athletic footwear and apparel retail industry. Under Mary Dillon’s leadership, the company faced competition from both traditional brick-and-mortar retailers and direct-to-consumer brands. Key competitors of Foot Locker include:

• Dick’s Sporting Goods – largest U.S. sporting goods retailer (acquired Foot Locker in 2025)
• JD Sports – UK-based global athletic retailer and Foot Locker’s largest international rival
• Nike Direct – Nike’s own direct-to-consumer retail and e-commerce channel
• Adidas – direct retail operations and wholesale distribution
• Hibbett Sports – athletic-focused retailer in underserved U.S. markets
• Academy Sports + Outdoors – value-priced sporting goods chain
• Sneaker resale platforms (StockX, GOAT) – growing secondary sneaker market

Mary Dillon Net Worth 2026 – Foot Locker CEO Salary

As of 2026, Mary Dillon’s net worth is estimated at approximately $90–130 million USD, according to SEC filings and publicly available insider-trading disclosures. The bulk of her wealth derives from equity holdings in Ulta Beauty (~128,957 shares worth over $86 million), with additional holdings in Foot Locker (~143,037 shares), McDonald’s (~13,799 shares), and Starbucks stock from her board service. Dillon also received proceeds from the Dick’s Sporting Goods acquisition of Foot Locker, in which shareholders received $24.00 per share in cash or Dick’s stock.

Foot Locker CEO Compensation Breakdown (FY2024)

Foot Locker Net Worth 2026 – Is Foot Locker Profitable?

Yes, Foot Locker returned to profitability under Mary Dillon’s leadership. In fiscal 2024 (ended February 1, 2025), the company reported net income of $12 million (GAAP), a dramatic improvement from a net loss of $330 million in the prior year. On a non-GAAP adjusted basis, net income was $130 million. Foot Locker was acquired by Dick’s Sporting Goods for an enterprise value of approximately $2.5 billion in September 2025 and is no longer publicly traded.

Foot Locker Financial Summary (FY2024)

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Foot Locker CEO Email Address | Mary Dillon Contact

Below are the contact details and social media profiles for former Foot Locker CEO Mary Dillon. Note that the corporate email may no longer be active following the Dick’s Sporting Goods acquisition in September 2025:

Career & Education – Company, University, & College

Mary Dillon’s career spans over four decades in consumer marketing, brand management, and executive leadership. She is one of only three women in history to serve as CEO of two different Fortune 500 companies — first Ulta Beauty and then Foot Locker. Below is her complete career timeline:

Mary Dillon Career Timeline

Mary Dillon began her career in 1983 at Quaker Oats (later acquired by PepsiCo) on the Marketing Associate Program. Over 21 years, she rose through the ranks to become President of the Quaker Foods Division, overseeing brands like Quaker Oatmeal and Gatorade. Her deep expertise in consumer marketing earned her the role of Global Chief Marketing Officer and Executive Vice President at McDonald’s Corporation in 2005, where she led global marketing strategy for five years.

In 2010, Dillon took her first CEO role at U.S. Cellular, the nation’s fifth-largest wireless carrier. She then joined Ulta Beauty as CEO in 2013, where over eight years she tripled the company’s market capitalization, doubled revenues, and transformed Ulta into the dominant beauty retailer in the United States. She transitioned to Executive Chair in 2021 before being recruited by Foot Locker’s Board of Directors to lead the company in September 2022.

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At Foot Locker, Dillon launched the “Lace Up” turnaround strategy, focusing on reducing dependence on Nike (from 75% to ~60% of merchandise), modernizing stores, expanding the FLX loyalty program to over 33 million members, and growing the off-mall WSS and atmos brands. Under her leadership, Foot Locker returned to profitability and comparable sales growth before the company was acquired by Dick’s Sporting Goods in 2025.

Education

Dillon was a first-generation college student from a working-class Chicago family. She funded her education by working as a house cleaner, waitress, and bank teller.

Mary Dillon Wiki – Age, Family, & More

Former Foot Locker CEO Mary Dillon (age 63, born 1962) was raised in Chicago, Illinois, the fourth of six children. Her father was a steelworker and her mother was a homemaker. She is married to Terry Dillon, a former biochemist at Abbott Laboratories who became a stay-at-home father. The couple have four children and reside in the Chicago area. The family enjoys adventure travel, pickleball, and tennis.

Notable Achievements & Recognitions

• Fortune Most Powerful Women – Named to the list multiple times (2016, 2023)
• Third Woman to Lead Two Fortune 500 Companies – As CEO of both Ulta Beauty and Foot Locker
• Barron’s World’s Best CEOs – Named one of the world’s best CEOs (2019)
• Sandra Taub Humanitarian Award – Honored for philanthropic leadership (2018)
• Board Member, Starbucks Corporation – Non-executive director since 2016
• Board Member, KKR & Co. Inc. – Serves on the board of the global investment firm
• Save the Children – Trustee and incoming Board Chair of Save the Children US

Dillon is a passionate advocate for women in leadership and first-generation college students. She has spoken at numerous industry conferences about building customer-centric cultures and the importance of mentorship for aspiring female executives.

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About Foot Locker

Foot Locker, Inc. was an American athletic footwear and sportswear retailer headquartered in Midtown Manhattan, New York City. Founded in 1974, the company grew to become one of the world’s leading sneaker retailers before being acquired by Dick’s Sporting Goods in September 2025 for $2.4 billion. The Foot Locker family of brands continues to operate as a subsidiary of Dick’s Sporting Goods.

Before its acquisition, Foot Locker operated approximately 2,410 stores in 20 countries and employed over 30,000 people globally. The FLX loyalty program had more than 33 million members. Nike accounted for approximately 60% of merchandise purchases. The company was listed on the NYSE under ticker FL until delisting in September 2025.

Frequently Asked Questions (FAQ)

Who is the CEO of Foot Locker?

Mary Dillon served as President and CEO of Foot Locker from September 2022 until September 2025. Following the $2.4 billion acquisition by Dick’s Sporting Goods, Foot Locker no longer has its own CEO. The global Foot Locker businesses are now led by Dick’s Sporting Goods Executive Chairman Ed Stack, with Ann Freeman serving as President of Foot Locker North America.

What is Mary Dillon’s net worth in 2026?

As of 2026, Mary Dillon’s net worth is estimated at $90–130 million USD. The majority of her wealth comes from equity holdings in Ulta Beauty (~$86 million), along with shares in Foot Locker, McDonald’s, and Starbucks, plus proceeds from the Dick’s Sporting Goods acquisition of Foot Locker.

What is the Foot Locker CEO’s salary?

Mary Dillon’s total compensation as Foot Locker CEO for fiscal year 2024 was approximately $12.5 million, comprising a $1.43 million base salary, $11 million in stock awards, and $69,777 in other compensation. Notably, she received zero annual bonus in both FY2023 and FY2024 due to Foot Locker falling short of its performance targets.

What is the Foot Locker CEO’s email address?

Mary Dillon’s email at Foot Locker was [email protected]. However, this address may no longer be active following the Dick’s Sporting Goods acquisition in September 2025. She can be reached via LinkedIn.

What did Mary Dillon do before Foot Locker?

Before joining Foot Locker, Mary Dillon served as CEO and later Executive Chair of Ulta Beauty (2013–2022), where she tripled the company’s market cap and doubled revenues. Earlier, she was Global CMO at McDonald’s (2005–2010), CEO of U.S. Cellular (2010–2013), and spent over 20 years at PepsiCo/Quaker rising to President of the Quaker Foods Division.

Why was Foot Locker acquired by Dick’s Sporting Goods?

In May 2025, Dick’s Sporting Goods announced a $2.4 billion acquisition of Foot Locker to create a global leader in athletic and sports retail. The deal, which closed in September 2025, combined Dick’s 800+ U.S. stores with Foot Locker’s 2,400+ global locations across 20 countries. Dick’s cited expected cost synergies of $100–125 million and the strategic value of Foot Locker’s international presence, sneaker expertise, and 33-million-member FLX loyalty program.

Article last updated:March 2026March 2, 2026