--- description: Dick's Sporting Goods CEO Edward Stack announced the company would no longer sell assault-style rifles at any of its stores. title: What to Know about Edward Stack, the CEO of Dick's image: https://static.time.com/v3/assets/bltea6093859af6183b/blt3c60445594ee3431/698929308fd2ee3bca35ad96/edward-stack-dicks.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [U.S.](/section/us/) ## U.S. Update your preferences in [Account Settings](/account/preferences/) Close * [Firearms](/tag/firearms/) ## Firearms Update your preferences in [Account Settings](/account/preferences/) Close # What to Know about Edward Stack, the CEO of Dick's Sporting Goods by [Sarah Begley](/author/sarah-begley/) ## Sarah Begley Update your preferences in [Account Settings](/account/preferences/) Close Feb 28, 2018 5:42 PM CUT  Chairman and CEO of DICK'S Sporting Goods Edward W. Stack on Oct 18, 2016 Chairman and CEO of DICK'S Sporting Goods Edward W. Stack on Oct 18, 2016Scott Dalton—Invision/AP/REX/Shutterstock by [Sarah Begley](/author/sarah-begley/) ## Sarah Begley Update your preferences in [Account Settings](/account/preferences/) Close Feb 28, 2018 5:42 PM CUT Dick’s Sporting Goods made news on Wednesday by announcing [it would no longer sell assault-style rifles](http://fortune.com/2018/02/28/dicks-sporting-goods-guns/ "undefined"), high-capacity magazines, or firearms of any kind to customers under 21 years of age. Dick’s CEO Edward W. Stack — son of Dick Stack, the company’s namesake and founder — made it clear that the decision was motivated by the school shooting in [Parkland, Florida](http://time.com/5179163/florida-school-shooting-student-poem/ "undefined"). In an interview with [_Good Morning America_](http://abcnews.go.com/GMA/News/dicks-sporting-goods-ceo-company-longer-sell-assault/story?id=53403284 "undefined")on Wednesday, he said, “Based on what’s happened and looking at those kids and those parents, it moved us all unimaginably.” > [](https://twitter.com/GMA/status/968864723704930305) Though the company had previously removed assault-style rifles from Dick’s stores in 2012, it went on to sell them in its hunting chain, Field & Stream. This time, Stack says the change is for good across all brands, the [New York _Times_](https://www.nytimes.com/2018/02/28/business/dicks-major-gun-retailer-will-stop-selling-assault-style-rifles.html "undefined") reports. Dick’s Sporting Goods [stock](https://www.marketwatch.com/investing/stock/dks "undefined") rose about 1% in the hours immediately following the news before dropping slightly. Stack’s father Dick Stack reportedly started the company in 1948 with a family loan of $300\. Stack took over upon his father’s retirement in 1984, and he took the company public in 2002\. Today, as the largest shareholder, his net worth is an estimated $1.2 billion, according to [Forbes](https://www.forbes.com/profile/edward-stack/ "undefined"). Stack says the company was moved to make the change when they learned that the alleged Parkland shooter, Nikolas Cruz, had purchased a firearm from one of their stores (though not the firearm he used in the school shooting). “It came to us that we could have been a part of this story,’’ he told the New York _Times_. “We said, ‘We don’t want to be a part of this any longer.’ ” ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/5179229/edward-stack-ceo-dicks-sporting-goods/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/5179229/edward-stack-ceo-dicks-sporting-goods/"},"headline":"What to Know about Edward Stack, the CEO of Dick's Sporting Goods","datePublished":"2018-02-28T17:42:17.000Z","dateModified":"2026-02-23T19:28:16.335Z","description":"On Wednesday, Dick's Sporting Goods CEO Edward Stack announced the company would no longer sell assault-style rifles at any of its stores","url":"https://time.com/5179229/edward-stack-ceo-dicks-sporting-goods/","keywords":["Firearms","onetime"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt3c60445594ee3431/698929308fd2ee3bca35ad96/edward-stack-dicks.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Sarah Begley","jobTitle":null,"url":"https://time.com/author/sarah-begley/"}],"articleSection":"U.S.","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt3c60445594ee3431/698929308fd2ee3bca35ad96/edward-stack-dicks.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Edward Stack DICK'S Sporting Goods","caption":"Edward Stack DICK'S Sporting Goods","creditText":"Scott Dalton—Invision/AP/REX/Shutterstock","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/us/","name":"U.S."}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/firearms/","name":"Firearms"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/5179229/edward-stack-ceo-dicks-sporting-goods/","name":"What to Know about Edward Stack, the CEO of Dick's Sporting Goods"}}]}] ```