June 30, 2016
Tim Belk, who has been CEO of Charlotte, NC-based Belk Inc. since 2004, has announced he will retire from the position, effective July 5, 2016. Lisa Harper, previously CEO of Hot Topic Inc., will succeed Belk.
Belk Inc. is a retailer with 293 stores in 16 southern states and has a growing e-commerce presence. Belk, and its digital counterpart, offer national branded and private-label fashion apparel, shoes and accessories, cosmetics, a wedding registry, and home merchandise.
Tim Belk joined the company in 1981 as a management trainee. Since that time, he has served in a variety of roles including buyer, store manager, divisional merchandise manager, senior vice president of human resources, and president of stores and real estate. He will continue to serve on the executive board.