Foot Locker Adds Marmol, Questrom as Directors

Foot Locker Inc. has added Guillermo Marmol and Allen Questrom to its board of directors. Questrom is a senior advisor at private equity firm Lee Equity Partners. Marmol is president of Marmol & Associates, and is a former director and senior partner for management consulting firm McKinsey & Co.

PRESS RELEASE:
Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that its Board of Directors elected Guillermo Marmol and Allen I. Questrom as directors of the Company, increasing the total number of directors of the Company to 11.

Mr. Marmol, who is currently President of Marmol & Associates, has a significant background in information technology and systems. He served as a Division Vice President and member of the Executive Committee of EDS, a global technology services company, from 2003 to 2007. He served as a Director and Senior Partner of McKinsey & Company, a management consulting firm, and was a leader of the organization and business process redesign practices.

Mr. Questrom, who is currently a senior advisor to Lee Equity Partners, has over 40 years of retail experience, most recently serving as Chairman and Chief Executive Officer of J.C. Penney Company, Inc. from 2000 to 2004. Prior to that, he served as Chairman and Chief Executive Officer of Barneys New York, Inc. from 1999 to 2000. He served for many years as a senior executive of Federated Department Stores, now known as Macy’s, Inc., serving as Chairman and Chief Executive Officer of that company from 1990 to 1997. Mr. Questrom has been a director of Sotheby’s since 2004, and was a director of Wal-Mart Stores, Inc. from 2007 to 2010.

“We are pleased to be adding individuals of the caliber of Gil Marmol and Allen Questrom to our Board of Directors,” said Ken C. Hicks, Chairman of the Board and Chief Executive Officer of Foot Locker, Inc. “Their addition will provide our Company with valuable knowledge and expertise, and will be a strong complement to our current Board of Directors.”

Foot Locker, Inc. is a specialty athletic retailer that operates approximately 3,400 stores in 21 countries in North America, Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-customer channel Footlocker.com/Eastbay/CCS, the Company is the leading provider of athletic footwear and apparel.