City Sports hires retail vet as CEO

Specialty sports retailer City Sports announced Marty Hanaka as its new CEO, replacing Eddie Albertian who left in June. Hanaka has 40 years of experience in retail and served on the City Sports' board of directors since 2008.

For the past year, Hanaka has served as an operating partner at the Highland Consumer Fund, which acquired City Sports in 2008. He was also the former chairman and CEO of Golfsmith International Holdings, Inc.; chairman and CEO of Sports Authority; and interim CEO for Guitar Center, Inc.

"Marty is an extremely accomplished CEO with unparalleled experience in creating industry-leading operations. His knowledge in retail, specifically in the sports lifestyle industry, is as impressive as his vision for present day consumers and the ever-evolving retail landscape," said Tom Stemberg, managing general partner of Highland Consumer Fund.

"Sports and the retail industry have been part of my DNA ever since I can remember," Hanaka said. "I am excited to lead City Sports and refocus our efforts on investing in our core business, our people and our operations. We have a strong team in place and will continue to differentiate ourselves as athletes who serve athletes."

Hanaka has worked for over 12 companies, both public and private, including a trustee role for the National Board of Governors of the Boys and Girls Club of America. Press Release