Venator Group, which operates the Foot Locker and Champs Sports retail chains, named Matthew Serra president and chief executive after Dale Hilpert resigned to join Williams-Sonoma, the Wall Street Journal reported. The company also said J. Carter Bacot, a board member since 1993, would serve as non-executive chairman. Mr Serra currently serves as Venator's president and chief operating officer. He joined Venator in 1998 and helped shore up the retailer's athletic business, the focus of Venator's business today.