Nike Says Five More Executives Left Firm -- WSJ
May 09 2018 - 3:02AM
Dow Jones News
By Sara Germano
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (May 9, 2018).
Nike Inc. said five more executives have left the company amid
an internal investigation into complaints about workplace issues at
the sportswear giant.
The departures this week include Steve Lesnard, vice president
and general manager of global running; Tommy Kain, director of
sports marketing; Helen Kim, vice president and general manager of
Nike East, North America; Simon Pestridge, global vice president of
marketing for performance categories; and Ibrahem Hasan, a senior
creative director.
The five Nike veterans didn't respond to requests to comment.
The exits bring to 11 the number of executives who are known to
have left amid the probe. Of those, Ms. Kim is the first woman.
With their exits, Nike has completed the initial phase of an
internal investigation into complaints of inappropriate workplace
behavior, according to a person familiar with the matter. The New
York Times earlier reported on the exits.
On Tuesday, Nike's human resources chief, Monique Matheson, told
staff the company had received more than 43,000 responses to an
employee survey, according to a memo reviewed by the Journal. She
wrote that the responses were "fueling some very important
conversations and changes."
Ms. Matheson, who previously said the company was changing its
hiring and promotion processes, said Tuesday that Nike would start
requiring managers to have quarterly performance check-ins with
employees.
On March 15, Nike Chief Executive Mark Parker wrote a memo to
employees saying the company had received complaints and initiated
an investigation, and that his second-in-command, Trevor Edwards,
would resign his post as Nike brand president immediately. In that
memo, Mr. Parker said the company had established a hotline for
employees to come forward with any additional complaints, the
review of which is still ongoing, the person said.
The Wall Street Journal reported in March that the company
started the probe after a group of women within the company
circulated a survey about concerns about workplace behavior and
gender imbalances in pay and promotion.
The Journal also reported about complaints of a boys-club
culture at Nike and flaws in the company's human-resources
department.
Last week, in a rare all-hands meeting at Nike headquarters in
Beaverton, Ore., Mr. Parker apologized to employees for a workplace
that excluded some staff and failed to take internal complaints
seriously.
Write to Sara Germano at sara.germano@wsj.com
(END) Dow Jones Newswires
May 09, 2018 02:47 ET (06:47 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Nike (NYSE:NKE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Nike (NYSE:NKE)
Historical Stock Chart
From Apr 2023 to Apr 2024