Nike, Inc. Announces That Mark Parker Will Continue as Chairman, President and CEO beyond 2020
March 15 2018 - 5:59PM
Business Wire
– Trevor Edwards, Nike Brand President, to
retire from Nike
NIKE, Inc. (NYSE: NKE) today announced that Mark Parker will
remain as Chairman, President and CEO beyond 2020 and Elliott Hill,
former President of Nike Geographies, will take on the new role as
President of Consumer and Marketplace. In this role, he will be
responsible for Marketing, Geographies, Nike Direct and Global
Sales. Michael Spillane will continue to lead all Categories,
Design, Product and Merchandising. In the new structure, both Hill
and Spillane will report directly to Mark Parker. Trevor Edwards,
Nike Brand President, has decided to retire from Nike in August. He
will now serve as an advisor to Mark Parker until his retirement as
Nike transitions its organization.
“I’d like to thank Trevor for the important role he has played
for 25 years and for his significant contributions. He has helped
us grow and strengthen our brand on a global scale. I am committed
to stay in my role as Chairman, President and CEO beyond 2020.
Trevor has decided to retire,” said Mark Parker. “We are fortunate
to have a strong management team in place who is well suited to
drive our next stage of growth and to steward and evolve our
culture in the future.”
About NIKE, Inc.
NIKE, Inc., based near Beaverton, Ore., is the world’s leading
designer, marketer and distributor of authentic athletic footwear,
apparel, equipment and accessories for a wide variety of sports and
fitness activities. Wholly owned NIKE, Inc. subsidiaries include
Converse Inc., which designs, markets and distributes athletic
lifestyle footwear, apparel and accessories; and Hurley
International LLC, which designs, markets and distributes surf and
youth lifestyle footwear, apparel and accessories. For more
information, Nike’s earnings releases and other financial
information are available at http://investors.nike.com. Individuals
can also visit http://news.nike.com/ and follow @Nike.
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NIKE, Inc.Media ContactsIlana
Finley, 212-367-4447orGreg Rossiter, 503-671-2682orInvestor ContactNitesh Sharan, 503-532-2828
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