Big 5 Sporting Goods Corporation announced the appointment of Lily W. Chang to its board of directors, effective October 7, 2021. Chang has a long track record of successfully working with companies to improve financial and operational performance in a business environment. variety of consumer oriented industries. .
Steven G. Miller, Chairman, President and CEO, said, “Lily brings a wealth of experience and knowledge gained from working with many large retail and consumer companies. With her operational focus and expertise, she will provide a valuable perspective and skill set to our Board of Directors. We are delighted that Lily is joining us and look forward to her contributions. “
Chang is currently Chief Portfolio Services Officer of Leonard Green & Partners (“LGP”), which she joined in 2004. In her role at LGP, she leads collaborative efforts to drive results and innovation with leading companies. portfolio in a wide range of industries, including retail and consumer services. In addition, since 2018, she has been a member of the board of directors of JOANN Stores, a listed specialty retailer of fabrics and crafts. Prior to joining LGP, Chang held strategy and planning positions at Nissan North America and Nissan Motor Acceptance Corporation, was a partner of eCompanies Venture Group, and held finance and management positions at The Walt Disney Company and Procter. & Gamble. Chang received a Bachelor of Arts in Quantitative Economics from Stanford University and an MBA, with Distinction, from Harvard Business School.
Additionally, the company announced today that Sandra N. Bane has notified the company of her intention to step down from the company’s board of directors, effective November 15, 2021. Miller said, “Sandy is a member appreciated by our Board of Directors since the Company’s initial public offering in 2002. I would like to thank her for her exceptional service and her many contributions to our Board of Directors and to our company. She has contributed significantly to the growth and success of Big 5, and we wish her all the best.