November 5, 2024
Mary Dillon

Quotes by Mary Dillon – CEO of Foot Locker

One thing I love about the beauty industry is that there are so many entrepreneurs, so much creativity, such a fun pipeline of products

By Mary Dillon

The corporate world has traditionally been a men-dominated sphere. But the time has changed now and the 21st century belongs to women who worked hard to break all stereotypes. And one such influential and inspiring figure is Mary Dillon, the current CEO of Foot Locker, Inc.

Dhillon’s popularity came from her association with some of the most iconic consumer brands, such as Ulta Beauty, McDonald’s, and PepsiCo. But how much is her net worth, current position, salary, family details, and much more?

In this article, we will reveal some fascinating facts and insights about Mary Dillon’s life and career. Read on to find out more about Mary Dillon’s net worth, current position, salary, family details, and much more!

Fast Facts About Mary Dillon

Full Name Mary Dillon
Current Position CEO of Foot Locker, Inc.
Birth Date 1961/62
Birth Place Chicago, United States
Education University of Illinois at Chicago
Husband Terry Dillon
Children Four Children
Estimated Net Worth $56 Million

Mary Dillion’s Early Life and Family Background

Mary Dillon1

Mary Dillion was born as the fourth child to her parents in Chicago in 1961 or 1962 (not confirmed). Her father was a steelworker and her mother was a homemaker. Dillon’s early life was full of ups and downs.

Being from a low-profile family, Mary Dillion had worked for various jobs such as a waitress, a house cleaner, and a bank teller while pursuing her University studies.

Later, she successfully completed her studies and earned a bachelor’s degree in Marketing and Asian Studies. She graduated from the prestigious University of Illinois at Chicago.

Mary Dillon’s Career & Current Position

Mary Dillon has chaired several organizations till now, even though she currently serves as the CEO of Foot Locker, Inc.

Let’s look back at her career journey and the milestones she achieved so far.

Mary Dillon started her full-time career as a Marketing Associate at Aunt Jemima Syrup right after graduating and moved to Quaker Oats in 1984. Dillon’s main focus was on general management, especially consumer marketing in various product categories, and she rose to become a senior manager for products like snacks, pet foods, and beverages.

She held different roles, such as director at Snapple Natural Beverages from 1995 to 1996, senior vice-president of marketing at Gardenburger,(1996-2000), and Director of Marketing at Quaker in the early 2000s.

Mary Dillon2

Mary then became vice-president of marketing at Gatorade and Propel Fitness Waters(2000- 2002), followed by vice-president of marketing at Quaker Foods(2002-2004), and finally president of Quaker Foods division of The Quaker Oats Company,(2004-2005), when she decided to try something new.

She joined McDonald’s, the world-renowned company, as the global chief marketing officer and executive vice president from 2005 to 2010, where she oversaw the marketing strategies of the company in 118 countries.

In 2010, Dillon switched to be the CEO and president of United States Cellular Corporation until 2013. She also served as secretary at the Cellular Telecommunications & Internet Association from 2011.

Dillon was appointed as the CEO of Ulta Salon, Cosmetics & Fragrance in mid-2013, after an extensive selection process, and she has led the company to become a standout in the beauty cosmetics industry.

Moreover, Ms. Dillon has been a director of other companies over the years, including Chairperson of CTIA Wireless Internet Caucus, Director for Northshore University Health System, and independent Director at Target Corp. She is also a member of “The Economic Club of Chicago and The Chicago Network.” Dillon is also a board member of Housing Opportunities for Women and a United Way Volunteer.

Mary Dillon’s Current Position

Name Title Since
Kohlberg Kravis Roberts & Co. L.P. Independent Director 2018
Foot Locker, Inc. President, Chief Executive Officer (CEO) & Director 2022
Ounce of Prevention Fund Director
KKR Group Co., Inc. Independent Director
Daily Harvest, Inc. Director 2021
The Economic Club of Chicago Director & Member
The Chicago Network Member
Housing Opportunities for Women Member-Leadership Council

Awards and Recognitions Received by Mary Dillon

  • Fortune’s Most Powerful Women in 2016
  • Trustee of the Save the Children Federation
  • Sandra Taub Humanitarian Award for Philanthropic Leadership
  • List of Barron’s Best CEOs

Mary Dillon Husband & Kids

Mary Dillon is married and her husband’s name is Terry Dillon. They have been together for over 30 years and have raised four children. Mary Dillon’s husband has been supportive throughout her career. He even left his job as a Biochemist to raise their children together.

Mary Dillon’s Salary and Other Income

As the CEO of Foot Locker, Inc. she gets a total compensation of a whopping $9.28 million, which includes 6.3% salary and the rest 93.7% as bonuses. These bonuses include the company’s stock and options worth $598.79K.

Mary Dillon’s Net Worth and Current Holdings in 2023

Mary N Dillon has a net worth of around $56M, according to the latest reports. She holds 143,037 units of Foot Locker, Inc. common stock, which is one of the leading retailers of athletic footwear and apparel.

She has not sold any of her shares in the past six months at Foot Locker, Inc. However, she bought 5,510 units worth more than $100.12K on September 11, 2023, which was her largest purchase order ever.

She has made four transactions in total during her tenure at Foot Locker, Inc., mostly in March. The year 2023 was her most active year in terms of trading.

Current Holdings of Mary Dillon

Name Equities Holding Percentage Valuation
Foot Locker, Inc. (FL)

(Apparel & Accessories Retailers)

143,037 0.15% $2,481,692
Kohlberg Kravis Roberts & Co. L.P. (KKR)

(Investment Management & Fund Operators)

26,147 0.0030% $1,610,655

Some Lesser Known Facts About Mary Dillon

  • Mary Dillon’s house in Evanston is worth millions of dollars.
  • Mary served as the CEO of Ultra Beauty for over 8 years.
  • She worked for various low-profile jobs like waitress, and home cleaner to support her education.
  • She is the fourth among her six siblings.
  • His father was a worker in the steel factory.
  • Mary Dillon is one of the wealthiest CEOs in the world with a net worth of $56 million.

FAQs

What Happened To Mary Dillon? 

Mary Dillon retired as the CEO of Ulta Beauty in June 2021 and became its executive chair. She then joined Foot Locker as its new CEO in September 2021.

Who Is The CEO Of Ulta Beauty? 

The current CEO of Ulta Beauty is Dave Kimbell, who succeeded Mary Dillon in June 2021. Kimbell was previously the president and chief merchandising and marketing officer of Ulta Beauty.

When Did Mary Dillon Leave Ulta? 

Mary Dillon left Ulta Beauty as its CEO in June 2021, after eight years of leading the company. She remained as the executive chair of the board of directors until September 2021, when she joined Foot Locker as its CEO.

How Long Was Mary Dillon CEO Of Ulta? 

Mary Dillon was the CEO of Ulta Beauty from July 2013 to June 2021, a period of eight years. During her tenure, she transformed Ulta Beauty into a leading beauty retailer with strong growth and profitability.

What Is Mary Dillon’s Age? 

Mary Dillon is 61 years old as of 2022. She was born in 1961 or 1962 in Chicago, Illinois.

Why Did Mary Dillon Leave Ulta? 

Mary Dillon left Ulta Beauty to pursue a new challenge and opportunity at Foot Locker, where she became the CEO in September 2021.

How Much Is The CEO Of Ulta Worth? 

The current CEO of Ulta Beauty, Dave Kimbell, has a net worth of about $13 million as of October 2021, according to Wallmine. He owns about 12,000 units of Ulta Beauty stock worth over $12 million.

Who Is The CEO Of Ulta Foot Locker? 

There is no such company as Ulta Foot Locker. However, Mary Dillon is the former CEO of Ulta Beauty and the current CEO of Foot Locker. She joined Foot Locker in September 2021 after retiring from Ulta Beauty in June 2021.

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