Finish Line Says Sam Sato To Succeed Glenn Lyon As CEO, Effective February 28

(RTTNews) - Athletic shoes and apparel retailer Finish Line Inc. (FINL) Thursday said Sam Sato would succeed Glenn Lyon as chief executive officer, effective February 28, 2016.

Lyon, who currently serves as CEO and chairman of the board, will serve as executive chairman of the board through the end of calendar year 2016. At the beginning of 2017, Lyon will transition to the role of non-executive chairman of the board.

Sato started his executive retail career at Nordstrom in 1985 before joining Finish Line in March 2007 as executive vice president and chief merchandising officer. He was named president and chief merchandising officer in August 2010 and became president of the Finish Line Brand in October 2012.

In October 2014, Sato was named president of The Finish Line, Inc. and was elected to the company's board. As CEO, he will report to the board.