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Dick’s Sporting Goods CEO opens fall series of “CEO Conversations” Sept. 18

Edward W. Stack
9/11/2008 —
Edward W. Stack, chairman and CEO of Dick’s Sporting Goods, will open the fall 2008 CEO Conversations series at Penn State Fayette, The Eberly Campus on Thursday, September 18. The hour-long program begins at noon in the Maggie Hardy Magerko Auditorium in the Community Center.

CEO Conversations is designed to give students the opportunity to hear from and talk with key individuals in the local, regional and national business communities about business, entrepreneurship, and leadership. The series is free and open to the public.

Dick’s Sporting Goods is the largest sporting goods retailer in the country. Stack’s father started the company as a small bait and tackle shop some 60 years ago in Binghamton, N.Y. In 1977, after graduating from St. John Fisher College, Stack returned home to help his father operate the then two-store company. Shortly thereafter, he struck a deal to purchase the stores from his dad.

In 1994, Stack made the decision to move the company’s headquarters from Binghamton to Pittsburgh. He brought along with him 49 of the 51 office employees. Today, Dick’s has 353 stores in 36 states and an employee complement of approximately 23,150. Drawing on the lessons he learned from his father, the company has been built as a result of hard work, careful planning and wise decision-making. Under Stack’s leadership, Dick’s Sporting Goods has acquired Galyan’s Trading Company, Golf Galaxy Inc., and Chick’s Sporting Goods.

In 1997, Stack was named the inaugural “Sports Executive Visionary of the Year” by Sports Style Magazine. Other honors have followed, including Dick’s Sporting Goods being named “Retailer of the Year” in 2003 and 2005 by Sporting Goods Business.  

In 2002, Dick’s Sporting Goods made its initial public offering on the New York Stock
Exchange. Dick’s has continued to be the highest performing stock of any IPO of 2002.
 
CEO Conversations, an initiative of Penn State Fayette Chancellor Dr. Emmanuel Osagie, debuted in fall 2007 with local businessman, philanthropist, and former Fayette County Commissioner Joseph A. Hardy III as the guest speaker. Guest speakers featured in the 2008 spring series included Tom Corbett, Pennsylvania Attorney General, and Nancy Vernon, Fayette County District Attorney; Stephen G. Sheetz, chairman of Sheetz Inc.; and James V. O’Donnell, CEO of American Eagle Outfitters.

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