Anne Fink
DICK'S SPORTING GOODSAbout Anne Fink
Anne Fink (61) is an independent director of DICK’S Sporting Goods, serving since 2019. She is President, Global Foodservice at PepsiCo, Inc., and previously held senior operating roles across sales, marketing, strategy and operations at PepsiCo’s Foodservice and Retail businesses, providing multi-channel commercial and operational expertise to the DKS board . She is currently Chair of the Governance & Nominating Committee and a member of the Compensation Committee .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| PepsiCo, Inc. | President, Global Foodservice | 2016–present | Leads restaurant, hotels, B&I, college/university, sports & entertainment channels—deep operating, sales and strategy experience |
| PepsiCo, Inc. | Chief Operating Officer, Foodservice | 2014–2016 | Scaled Foodservice operations; execution leadership |
| PepsiCo, Inc. | Chief Commercial Officer, Retail Channels | 2011–2014 | Commercial leadership across retail channels |
| PepsiCo, Inc. | Senior Vice President, Retail | 2008–2011 | Senior operating role in retail |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| PepsiCo, Inc. | President, Global Foodservice | 2016–present | Current operating executive role; PepsiCo is a DKS vendor; independence reviewed and affirmed by DKS board |
| Public company boards | — | — | No other public company directorships disclosed for Fink |
Board Governance
- Independence: Board affirmed all non-employee directors (including Fink) are independent under NYSE standards after reviewing vendor/affiliation relationships (including PepsiCo) .
- Committee leadership and membership:
- Governance & Nominating Committee: Chair; 4 meetings in 2024; responsibilities include board composition, succession planning, annual board/committee/self-evaluations, and oversight of corporate responsibility and sustainability .
- Compensation Committee: Member; 5 meetings in 2024; responsibilities include executive and director pay design, risk oversight of compensation, and equity/performance award approvals .
- Board activity and attendance: Board met 16 times in fiscal 2024; each director attended at least 75% of aggregate Board and applicable committee meetings; all directors attended the 2024 Annual Meeting .
- Lead Independent Director: Lawrence J. Schorr (since 2012) with defined responsibilities for agendas, composition, executive sessions, investor engagement, and performance evaluations .
- Annual assessments: Anonymous board/committee evaluations and individual non-employee director self-evaluations led by Governance & Nominating; informs renomination decisions .
- Overboarding policy: Non-management directors generally limited to two other public company boards without approval .
Fixed Compensation
| Component | Amount | Details |
|---|---|---|
| Fees Earned or Paid in Cash (2024) | $142,500 | Includes $100,000 annual retainer plus committee/chair retainers; DKS does not disclose per-meeting fees . |
| Stock Awards (2024) | $180,199 | Annual grant of restricted stock/RSUs (grant-date fair value under ASC 718) . |
| Standard Director Elements (Policy) | $100,000 cash retainer; $180,000 equity grant | Equity grant typically issued after Annual Meeting; one-year vesting aligned to director one-year terms . |
| Chair Retainer (2025) | Governance Chair $25,000 | Compensation Committee Chair $35,000; other elements unchanged vs 2024 . |
Performance Compensation
| Element | Presence | Metrics/Terms |
|---|---|---|
| Cash bonus / Non-equity incentive | Not applicable | No director bonuses or non-equity incentive pay disclosed . |
| Options | Not granted | No option awards for directors in 2024 . |
| Performance-based equity (PSUs) | Not granted | Director equity is time-based restricted stock/RSUs; one-year vest; no TSR/financial metrics . |
| Deferral plan | Available | Non-Employee Director Compensation Deferral Plan allows deferral of equity into RSUs with same vesting; settlement upon specified date or end of board service . |
| Vesting schedule (2024 grant) | One year | Vests at earlier of first anniversary of grant or next Annual Meeting; grant date June 12, 2024; closing price $221.92; 812 unvested shares/units per non-employee director as of Feb 1, 2025 . |
Other Directorships & Interlocks
| Entity | Relationship to DKS | Fink’s Role | Independence/Conflict Review |
|---|---|---|---|
| PepsiCo, Inc. | Vendor (global foodservice provider) | President, Global Foodservice | Reviewed in March 2025; board concluded independence under NYSE and DKS guidelines . |
Expertise & Qualifications
- Operational leadership across multi-channel foodservice and retail; expertise in sales, marketing, strategy, and operations .
- Governance experience as Chair of Governance & Nominating, overseeing board composition/succession and ESG oversight .
Equity Ownership
| Holder | Common Shares Beneficially Owned | Class B Shares Beneficially Owned | % of Common | Notes |
|---|---|---|---|---|
| Anne Fink | 16,627 | — | * (<1%) | Beneficial ownership as of April 14, 2025; includes 812 restricted shares/RSUs subject to vesting . |
| Unvested RS/RSUs | 812 | — | — | Unvested director grant outstanding as of Feb 1, 2025 . |
| Stock ownership guideline | 5x annual cash retainer | — | — | All directors in compliance as of 2025 record date; directors have five years from appointment to meet requirement . |
| Hedging/Pledging | Prohibited/Restricted | — | — | Directors strictly prohibited from hedging; restrictions on pledging highlighted in governance summary . |
Governance Assessment
- Strengths: Independent status affirmed despite PepsiCo vendor relationship; leadership of Governance & Nominating suggests strong involvement in board composition/succession and ESG oversight; solid attendance compliance; alignment via meaningful equity component and 5x ownership guideline, with full compliance reported .
- Potential conflicts: Ongoing vendor relationship between DKS and PepsiCo where Fink is a senior executive; monitored and explicitly reviewed annually by Governance & Nominating; independence confirmed—mitigates, but remains a watch item for procurement or marketing decisions intersecting PepsiCo .
- Compensation structure signals: Director pay mix weighted to time-based equity, no options/PSUs, no bonuses; chair retainer modestly adjusted in 2025—generally shareholder-friendly and low risk for pay misalignment .
- Risk indicators: No Section 16(a) reporting delinquencies; hedging prohibited for directors; no pledging disclosed; board maintains annual evaluations and executive sessions under a defined Lead Director role—supports board effectiveness and investor confidence .