As Chief Executive Officer and President, Matt leveraged the diverse talents of the Payless team to create an inspiring, customer-centric organization with a new position as a specialty retailer dedicated to democratizing fashion in footwear and accessories. In July, 2007, Matt led the acquisition of the Stride Rite Corporation and the formation of Collective Brands, Inc. (NYSE: PSS), the parent company of Payless ShoeSource, Stride Rite and Collective Licensing International. Matt was named Chief Executive Officer and President.