Hibbett Sports Announces Nomination of Jamere Jackson as Class III Director

Strategic Insights -

Hibbett Sports, Inc. has announced the nomination of Jamere Jackson for election as a Class III Director at the Company's 2020 Annual Meeting of Stockholders on May 28, 2020. Jackson, the Chief Financial Officer of Hertz Global Holdings Inc., will bring diverse business experience to the Hibbett Board of Directors, including CFO experience at publicly traded companies and service as a Board member of a publicly traded company. His unique insight into team sports merchandise and customer segments will strengthen the Board's capabilities.

Key Takeaways:

  • Hibbett Sports has nominated Jamere Jackson for election as a Class III Director at the Company's 2020 Annual Meeting of Stockholders on May 28, 2020.
  • Jackson is the Chief Financial Officer of Hertz Global Holdings Inc. and serves on the Board of Directors of pharmaceutical giant Eli Lilly & Company.
  • His diverse business experience includes CFO roles at publicly traded companies, as well as service on the Board of Directors of a publicly traded company.
  • Jackson will bring expertise in finance, strategic planning, processes, metrics, and data analytics to the Hibbett Board of Directors.
  • He has a unique insight into team sports merchandise assortment and customer segments, making him a valuable addition to the Board.
  • Jackson has been a customer of Hibbett Sports and is confident in the company's growth strategies.
  • He has also expressed admiration for the operating model of Hibbett Sports, citing it as one of the most efficient models in today's retail environment.
  • Hibbett Sports is a leading athletic-inspired fashion retailer with approximately 1,100 stores under the Hibbett Sports and City Gear brands.
  • The company has a rich history of convenient locations, personalized customer service, and access to top brands like Nike, Jordan Brand, Adidas, and Under Armour.

Statistics:

  • Hibbett Sports will hold its 2020 Annual Meeting of Stockholders on May 28, 2020.
  • The company has approximately 1,100 stores under the Hibbett Sports and City Gear brands.
  • Hibbett Sports has a rich history dating back to 1945.
  • The company has access to top brands like Nike, Jordan Brand, Adidas, and Under Armour.
  • Hibbett Sports operates in small and mid-sized communities.

Sources:

  • Hibbett Sports, Inc. - Form 8-K Report on April 27, 2020, Exhibit 99.1
  • Birmingham Business Journal - "Hibbett Sports names Jamere Jackson to board" - April 27, 2020
  • NASDAQ - Hibbett Sports, Inc. (HIBB) April 27, 2020