As of today, December 5, 2025, Dick’s Sporting Goods is led by Lauren Hobart, who has been the CEO since 2021. The company was founded in 1948 by Dick Stack. While Ed Stack previously served as Chairman and CEO, and played a significant role in the company’s direction, including decisions regarding gun sales, the current leadership rests with Hobart.
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Leadership and Ownership Structure
While Lauren Hobart is the current CEO, it’s important to understand the broader ownership structure. Dick’s Sporting Goods is a publicly traded company, meaning ownership is distributed among shareholders who own stock in the company. These shareholders range from individual investors to large institutional investors like mutual funds and pension funds.
Therefore, there isn’t a single “owner” in the traditional sense. Instead, ownership is dispersed; However, individuals and entities holding significant amounts of stock can exert considerable influence on the company’s direction and decisions.
Ed Stack’s Legacy
Ed Stack’s influence on Dick’s Sporting Goods remains significant. His tenure as CEO saw the company grow into a national powerhouse. Furthermore, his controversial decision to restrict gun sales, particularly after the tragic shooting at Marjory Stoneman Douglas High School, cemented his legacy as a leader willing to prioritize social responsibility, even at the potential cost of profits. This decision, while divisive, ultimately shaped the company’s identity and brand image.
The Future of Dick’s Sporting Goods
Under Lauren Hobart’s leadership, Dick’s Sporting Goods continues to navigate a dynamic retail landscape. The acquisition of Foot Locker marks a significant strategic move, potentially creating a more powerful and diversified sports retail entity. The company’s future success will depend on its ability to adapt to evolving consumer preferences, manage its expanding portfolio, and maintain its commitment to both profitability and social responsibility.
While the Stack family’s direct control may have lessened, their founding principles and the values instilled by Ed Stack continue to shape the culture and direction of Dick’s Sporting Goods. The company’s story is one of growth, adaptation, and a willingness to take bold stances on important social issues, solidifying its place as a major player in the sporting goods industry.
