BNET Industries

Market Cap:$15.5M
Last Fiscal Year Sales:$634.2M
  • Public
  • US
Dow Jones Description

Footstar, Inc. is a leading footwear retailer in the discount/family footwear sector. We offer a broad assortment of discount and family footwear through licensed footwear departments operated by Meldisco. Footstar operates over 2,200 footwear departments in all Kmart and some Rite Aid stores. Footstar became an independent, publicly held company as a result of a spin-off of footwear operations from Melville Corporation in October 1996.

Chief Accounting Officer, Controller & Vice President
Craig M Haines
Number of Employees 90
Contact Information

933 MacArthur Blvd

Mahwah, New Jersey 07430

www.footstar.co...

(201) 934-2000

NAICS Code Shoe Stores: 448210

News & Analysis

footstar inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Craig M Haines Chief Accounting Officer, Controller & Vice President
William Lenich Executive Vice President
Dennis Lee Senior Vice President, HR
Randall Proffitt Senior Vice President, Store Operations
Randy Proffitt Senior Vice President, Store Operations
Richard L. Robbins Senior Vice President, Financial
Eugene I. Davis Director

Board of Directors

Name (plus bio) Position
Jonathan Busky Chairman of The Board
Adam Finerman Board of Directors
Alan Kelly Board of Directors
George A. Sywassink Board of Directors
Jeffrey A. Shepard Board of Directors
Maureen Richards Board of Directors
Michael O Hara Board of Directors
Steven D Scheiwe Board of Directors

Organization Position Status
Footstar, Inc. Chief Accounting Officer, Controller & Vice President Current
National Vision Administrators, LLC Executive Vice President, Finance and Administration Former
Footstar, Inc. Principal Accounting Officer Former

William Lenich, age 59, has been Executive Vice President of Footstar since February 7, 2006. Prior to that, he was the Executive Vice President of Meldisco since joining Meldisco in 2002.

Organization Position Status
Footstar, Inc. Executive Vice President Current
Nine West Group, Inc. President Former
Nine West Group, Inc. Coo Former
Footstar, Inc. Supplemental Executive Former

Dennis M. Lee, age 57, became Senior Vice President, Human Resources of Footstar on February 7, 2006. Prior to that, he served as Senior Vice President, Human Resources of Meldisco since joining Meldisco in July 2004. Prior to joining Footstar, he served as an Assistant Professor in Residence for Human Resource Management, College of Continuing Studies and School of Business at the University of Connecticut and was Senior Vice President Human Resources and Logistics for the Venator Group.

Organization Position Status
Footstar, Inc. Senior Vice President, HR Current

Organization Position Status
Footstar, Inc. Senior Vice President, Store Operations Current
Footstar, Inc. Supplemental Executive Former

Organization Position Status
Footstar, Inc. Senior Vice President, Store Operations Current

Richard L. Robbins has served as a director since August 2006. Mr. Robbins served from October 2003 through January 2004 as Senior Vice President, Financial Reporting of Footstar, Inc., a nationwide retailer of footwear. He was Senior Vice President Financial Reporting and Control and Principal Financial Officer of Footstar, Inc. from January 2004 until March 2006. Footstar, Inc. filed for bankruptcy protection in March 2004 and emerged from bankruptcy in February 2006. From July 2002 to October 2003, Mr. Robbins was a partner in Robbins Consulting LLP, a financial, strategic and management consulting firm. From 1978 to 2002, Mr. Robbins was a partner of Arthur Andersen LLP. Mr. Robbins is currently a member of the board of directors of BioScrip, Inc. a provider of comprehensive specialty pharmacy and pharmacy benefit management services and of Vital Signs, Inc., a manufacturer of medical products.

Organization Position Status
Footstar, Inc. Senior Vice President, Financial Current
BioScrip Inc. Chairman Current
American Bank Note Holographics, Inc. Chairman Current
Chronimed, Inc. Director Current
Robbins-Consulting Partner Former
Footstar, Inc. Principal Financial Officer Former
American Bank Note Holographics, Inc. Board of Directors Former
Vital Signs, Inc. Board of Directors Current
Footstar, Inc. Board of Directors Former

Organization Position Status
Page 73 Productions, Inc President Current
Footstar, Inc. Chairman of The Board Current
CFA Institute Board of Directors Current
New York Society of Security Analysts Board of Directors Current
Page 73 Productions, Inc Board of Directors Current
Yale College Mfa Former

Partner with the law firm of Olshan Grundman Frome Rosenzweig & Wolosky LLP, based in New York City, since 1998. Mr. Finerman practices in the areas of mergers and acquisitions, corporate finance and proxy contests. He also counsels corporate clients on corporate governance practices and related matters, SEC reporting requirements and other public company obligations.

Organization Position Status
Footstar, Inc. Board of Directors Current

Organization Position Status
Footstar, Inc. Board of Directors Current

Organization Position Status
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Sport Supply Group, Inc. Chief Executive Officer Former
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Sport Supply Group, Inc. President Former
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Emerson Radio Corp. Interim Cfo Former
Emerson Radio Corp. Executive Vice President Former
Arter & Hadden Partner Former
Amoco Corporation International Attorney Former
Standard Oil International Attorney Former
General Chemical Industrial Products Inc. Chair of Board Former
Atlas Air Worldwide Holdings Inc. Director Former
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McLeodUSA Incorporated Board of Directors Former
TelCove Director Former
Emerson Radio Corp. Director Former
Emerson Radio Corp. Vice Chairman Former
Sport Supply Group, Inc. Vice Chairman Former
Columbia University Law School J.D. Former
Columbia University Doctorate Former
The School Company Master Former
Columbia University Masters of International Affairs Former
Columbia College Bachelor's Degree Former
Columbia University B.A. In International Politics Former

Organization Position Status
Footstar, Inc. Board of Directors Current

Organization Position Status
Footstar, Inc. Board of Directors Current
Footstar, Inc. Executive Vice President Former
Footstar, Inc. Executive Officer Former

Organization Position Status
Footstar, Inc. Board of Directors Current
Footstar, Inc. Senior Vice President, General Counsel & Corp Secretary Former
Footstar, Inc. General Counsel Former

Organization Position Status
Footstar, Inc. Board of Directors Current
Financo, Inc. Managing Director Former

President of Ontrac Advisors, Inc., member on boards of Movie Gallery, Inc., Zemex Minerals Holdings, Inc., FiberTower Corporation, and Footstar, Inc. President of Ontrac Advisors, Inc., where he provides analysis and management services. Previously, the Chief Executive Officer of Teletrac, Inc., after serving as General Counsel & Secretary. Mr. Scheiwe was also General Counsel & Secretary of Premiere Page, Inc. and currently serves on the boards of Movie Gallery, Inc., Zemex Minerals Holdings, Inc., FiberTower Corporation, and Footstar, Inc. Mr. Scheiwe received a Bachelor's degree from the University of Colorado and a J.D. from the Washburn University School of Law.

Organization Position Status
Hancock Fabrics, Inc. President of Ontrac Advisors, Inc., Member Current
Hancock Fabrics, Inc. Board of Directors Current
Footstar, Inc. Board of Directors Current
University of Colorado Bachelor's Degree Former
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     FTAR $0.72 +0.02 (2.86% )
Average Volume 57,347
Shares Outstanding 21.58M
Market Cap 15.5M
Year High 3.55
Year Low 0.06
Earnings Per Share 2.52
P/E Ratio 0.29
Dividend N/A
Yield N/A
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