Nike Announces Senior Leadership Changes
February 18 2020 - 4:15PM
Business Wire
Heidi O’Neill Becomes President of Consumer and
Marketplace Andy Campion Becomes Chief Operating Officer Matthew
Friend Becomes Chief Financial Officer Eric Sprunk and Elliott Hill
to Retire in 2020
NIKE, Inc. (NYSE:NKE) announced a
series of senior leadership changes, elevating experienced leaders
who will drive growth for the future. Heidi O’Neill, President of
Nike Direct, will become President of Consumer and Marketplace on
April 1, succeeding Elliott Hill, who is retiring from Nike. Andy
Campion, currently Executive Vice President and Chief Financial
Officer, will become Chief Operating Officer, also effective April
1. He will succeed Eric Sprunk, COO, who is retiring from Nike.
Matthew Friend, currently CFO of Operating Segments and Vice
President of Investor Relations, will become the new CFO for NIKE,
Inc. Both Hill and Sprunk will remain with Nike until later this
year.*
“I am delighted to announce a series of leadership changes today
which set up the company for continued growth and demonstrate the
strength of the Nike management bench,” said John Donahoe,
President and CEO of NIKE, Inc. “Heidi and Andy’s leadership has
been instrumental in both evolving and driving Nike’s strategy over
the last decade. In their new roles, we will see them have even
greater impact on Nike’s success in the future. Matthew brings more
than 10 years of Nike experience to the CFO role and will be a
great addition to our executive leadership team.”*
“I would also like to thank Eric and Elliott for their extensive
contributions to Nike over so many years. I’m deeply appreciative
of everything they’ve done, for their support during my transition,
and I am excited for their future,” said Donahoe.
O’Neill will lead the Nike Brand’s four geographic operating
regions: North America; Europe, Middle East and Africa (EMEA);
Greater China; and Asia Pacific and Latin America (APLA). O’Neill
will also lead Nike’s Global Sales and Nike Direct organizations.
She has been with Nike for more than 21 years and has held senior
roles including VP/GM of Nike Stores, VP/GM of Nike Global Women’s
& Training businesses and VP of U.S. Apparel. Prior to Nike,
O’Neill worked as Director of Marketing for Levi Strauss & Co.
She studied at the University of Colorado Boulder, before starting
her career at the global advertising agency Foote, Cone &
Belding.
Campion will lead Nike’s global technology and digital
transformation, sourcing and manufacturing, demand and supply
management, distribution and logistics, procurement, sustainability
and workplace design and connectivity. He joined Nike in 2007 as VP
of Global Planning and Development and served in senior finance and
strategy roles before becoming CFO in 2015. Prior to joining Nike,
he held leadership roles in strategic planning, mergers and
acquisitions, financial planning and analysis, operations planning,
investor relations, and tax at The Walt Disney Co. from 1996 to
2007. Campion holds a bachelor’s degree in Economics from UCLA, an
MBA from UCLA’s Anderson School of Management and a J.D. and LL.M.
in Taxation from the University of San Diego School of Law.
Friend joined Nike in 2009, working on Corporate Strategy and
Corporate Development, before being appointed CFO of Emerging
Markets (now APLA) in 2011. He has served as CFO of Global
Categories, Product and Functions; CFO of Global Brands and
Functions; and CFO of the Nike Brand. As of 2019, Friend has served
as CFO of Operating Segments and VP of Investor Relations. Prior to
joining Nike, he worked in the financial industry including roles
as VP of investment banking and mergers and acquisitions at Goldman
Sachs and Morgan Stanley. Friend has a bachelor’s degree in
Business Administration from the Haas School of Business at the
University of California, Berkeley.
About NIKE, Inc.
NIKE, Inc., based near Beaverton, Oregon, 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. Converse, a wholly-owned NIKE, Inc. subsidiary
brand, designs, markets and distributes athletic lifestyle
footwear, apparel and accessories. For more information, NIKE,
Inc.’s earnings releases and other financial information are
available on the Internet at http://investors.nike.com. Individuals
can also visit http://news.nike.com and follow @NIKE.
* The marked paragraph contains forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially. These risks and uncertainties are detailed from
time to time in reports filed by NIKE with the Securities and
Exchange Commission (SEC), including Forms 8-K, 10-Q and 10-K.
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