Dick's Sporting Goods COO Joseph Schmidt Plans To Retire - Quick Facts

(RTTNews) - Dick's Sporting Goods Inc. (DKS) disclosed in a regulatory filing that On September 10, Joseph Schmidt informed the company of his intention to retire from his position as President and Chief Operating Officer, a role he has held since 2009.

However, the company said Schmidt will remain with the Company until the end of fiscal 2014 or such other date as mutually agreed to by Schmidt and the Company. The Company has initiated a search for Mr. Schmidt's successor.

Schmidt has served in several key leadership roles since joining the Company in 1990.

On September 10, John Duken informed the Company of his plan to retire, effective as of the end of November. Duken has served as the Company's Executive Vice President, Global Merchandising since 2012. Duken joined the Company in 1999 and has held a number of roles in operations, planning & allocation and merchandising throughout his tenure.

The company has appointed Lee Belitsky, Senior Vice President, Product Development, to serve as Executive Vice President, Product Development and Planning, Allocation & Replenishment, effective September 15, 2014.

Belitsky joined the Company in 1997 as Vice President, Controller, and during his tenure has served as the Senior Vice President in Risk and Compliance, Strategic Planning and Analysis, Treasury Services, and Store Operations and Distribution/Transportation.