#734
Edward Stack & family
Overview
- Source of Wealth
- Dick's Sporting Goods
- Industry
- Fashion & Retail
- Residence
- Sewickley, Pennsylvania
- Organization
- Executive Chairman at Dick's Sporting Goods
- Education
- St. John Fisher College (Bachelor of Arts/Science)
- Marital Status
- Married
Assets
- Dick's Sporting Goods, Inc19,924,000 shares @ --DKS-US
- Dick's Sporting Goods, Inc210,478 shares @ --DKS-US
- Dick's Sporting Goods, Inc958,500 shares @ --DKS-US
Biography
Ed Stack is the executive chairman and largest individual shareholder of Dick's Sporting Goods.
His father, Dick Stack, founded the retailer in 1948 with a $300 loan from his grandmother.
Ed and his siblings bought the company from their father in 1984, when it only had two stores in upstate New York.
When his father retired that same year, Ed took over as CEO, taking Dick's public in 2002 and stepping down as CEO in 2021.
Dick's Sporting Goods now generates more than $13 billion in annual sales across more than 850 stores.
About
In 2019, Stack announced that Dick's Sporting Goods had eliminated the hunting category, including firearms, from 125 stores.