Tim Belk Retiring As Belk CEO

Tim Belk is retiring as CEO of Belk. Lisa Harper, who previously served as CEO of Hot Topic, Inc., will succeed him, effective July 5.

Belk has served as CEO of the department store since 2004 and will continue to serve on the company’s board of directors.

“It has been an honor to continue my family’s legacy by serving the company over the past 35 years,” said Belk. “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.”

Harper will continue to serve on the Hot Topic board of directors, which she joined in June 2008. Prior to Hot Topic, Harper was CEO from 2001 to 2006 and chairman from 2002 to 2006 of Gymboree Corporation.