CHARLOTTE, N.C. -- The Board of Directors of Belk today announced that Tim Belk will retire as chief executive officer of the company in July 2016.
He will continue to serve on the Belk Board. Lisa Harper, who previously served as chief executive officer of Hot Topic will succeed Belk as CEO
"After managing through the ownership transition and filling a number of key management positions, I've decided this is an opportune time for me to retire as CEO of Belk," said Belk. "It has been an honor to continue my family's legacy by serving the company over the past 35 years. I would like to express my gratitude to the thousands of associates, both current and former, and the customers who have helped create the company Belk is today. Their commitment to and passion for our company has been incredible."
Belk has served as CEO of the company since 2004. He joined the company in 1981 as a management trainee, and has served in a variety of roles, including buyer, store manager, divisional merchandise manager for men's and boys, senior vice president of human resources, and president of stores and real estate. He
Harper served as CEO of Hot Topic from March 2011 until June 2016. She will continue to serve on the Hot Topic Board of Directors, which she joined in June 2008.
