February 26, 2010 (FinancialWire) — Genesco Inc. (NYSE: GCO) has Robert J. Dennis, its president and chief executive officer, has been named to the additional office of chairman, effective April 1.  

Dennis will succeed Hal N. Pennington as chairman, implementing the final step of a transition plan inaugurated in 2005, when Dennis was named chief operating officer of the company.

Pennington also said that he will retire from Genesco’s board of directors in June 2010, at the conclusion of his current term.

According to Genesco, Pennington will remain employed by the company as a consultant to the chief executive officer and the board of directors through March 31, 2011.

Tennessee-based Genesco is a retailer of branded footwear and of licensed and branded headwear with more than 2,240 retail footwear and headwear stores throughout the United States, Puerto Rico and Canada

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.