The Finish Line Inc announced that its Board of Directors elected Glenn S. Lyon as a new director of The Finish Line, Inc. Mr. Lyon was elected for a term expiring at the 2011 Annual Meeting. Mr. Lyon became the Chief Executive Officer of The Finish Line, Inc. as of December 1, 2008. Prior to December 1, 2008, Mr. Lyon served as the Company's President since October 2003.
The Board of Directors also declared a quarterly cash dividend of $0.03 per share of Class A and Class B common stock. The quarterly cash dividend will be payable on March 16, 2009 to shareholders of record on February 27, 2009.
The Finish Line, Inc. is one of the largest mall-based specialty retailers operating under the Finish Line and Man Alive brand names. The Finish Line, Inc. is publicly traded on the NASDAQ Global Select Market under the symbol FINL. The Company currently operates 698 Finish Line stores in 47 states and online and 93 Man Alive stores in 19 states and online.