Academy Sports And Outdoors Promotes Sam Johnson To Succeed Michael Mullican As President

RTTNews | 627 days ago
Academy Sports And Outdoors Promotes Sam Johnson To Succeed Michael Mullican As President

(RTTNews) - Academy Sports and Outdoors, Inc. (ASO) announced Friday that, effective on October 23, 2023, Sam Johnson, Executive Vice President (EVP) of Retail Operations, will become President, succeeding Michael Mullican, who recently informed the company that he is stepping down to pursue other personal and professional opportunities.

In his new role, Johnson will continue to report to CEO Steve Lawrence, and his responsibilities will include continued oversight of retail operations and real estate & construction, as well as new responsibility for logistics & supply chain.

Mullican will serve the company in an advisory capacity through a brief transition period beginning today.

Johnson has served as EVP of Retail Operations and a key member of the executive leadership team since joining Academy in April 2017. Prior to joining the company, Johnson spent seven years with hhgregg, Inc., where he most recently served as Chief Retail Officer. Prior to hhgregg, he spent more than 20 years in various leadership roles with Sears Holdings Corp., including Vice President of Small Stores.

In connection with Johnson's promotion to President, Eric Friederich has been promoted to Senior Vice President of Retail Operations, succeeding Johnson as the head of store operations. Friederich has been with Academy since November 2016.

read more
Swiss Market Ends Sharply Lower

Swiss Market Ends Sharply Lower

The Switzerland market closed weak on Friday, tracking weak global cues after U.S. President Donald Trump's latest tariff moves raised fears of a global trade war.
RTTNews | 10h 8min ago
European Stocks Close Weak As Trade War Fears Hurt Sentiment

European Stocks Close Weak As Trade War Fears Hurt Sentiment

European stocks closed lower on Friday as trade war fears resurfaced after U.S. President Donald Trump announced a 35% tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20% on most trading partners.
RTTNews | 10h 24min ago
Canadian Market Remains Weak On Tariff Concerns

Canadian Market Remains Weak On Tariff Concerns

After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
RTTNews | 11h 4min ago
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
RTTNews | 14h 47min ago
Pound Falls As U.K. Economy Contracts For Second Straight Month

Pound Falls As U.K. Economy Contracts For Second Straight Month

The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews | 14h 54min ago