NIKE Announces Strategic Leadership Changes

  NIKE Announces Strategic Leadership Changes

               Brand President Charlie Denson to retire in 2014

Business Wire

BEAVERTON, Ore. -- June 20, 2013

NIKE, Inc. (NYSE: NKE) announced today that Charlie Denson, NIKE Brand
President since 2006 and a 34-year veteran of the brand, will retire in
January 2014. In conjunction with Denson’s decision to retire, the Company
also announced strategic changes in its executive management team as part of
the Company’s long-term organizational strategy to align the business to
continue to drive growth. The changes reflect the Company’s focus on the
consumer by accelerating innovation, elevating design, aligning product and
merchandising excellence, optimizing go-to-market strategies and sharpening
focus on supply chain and manufacturing capabilities.

Effective July 1, 2013, Trevor Edwards, currently the EVP of Brand and
Category Management, will become the new NIKE Brand President leading all
category and geographic business units, the Jordan Brand, Action Sports which
includes Hurley International LLC, Digital Sport and brand management
throughout the world. The team reporting to Edwards will be organized to
optimize an integrated marketplace and will now include NIKE’s wholesale,
retail and e-commerce operations.

Eric Sprunk, currently the EVP of Merchandising and Product, will become NIKE,
Inc.’s Chief Operating Officer leading all manufacturing, sourcing, IT and
procurement for the company. In this role, Sprunk will also continue to
oversee the company’s efforts to drive innovation in the supply chain. Hans
van Alebeek will remain EVP of Global Operations & Technology reporting to
Sprunk.

Jeanne Jackson, currently the President of Direct-to Consumer, will become
President of Product and Merchandising, leading NIKE’s product engines and
merchandising. Jackson will be responsible for driving the strategy for
creating all footwear, apparel and equipment for the company and leading the
merchandising of product to the global marketplace.

Dr. Thomas Clarke, currently the President of New Business Development, will
become President of Innovation. He will lead NIKE’s Advanced Product
Innovation Teams and the Sustainable Business & Innovation (SB&I) team. Hannah
Jones will remain VP of SB&I reporting to Clarke and will continue to report
to Parker on policy matters relating to sustainability and labor practices.

Edwards, Sprunk, Jackson and Clarke will report directly to Mark Parker, NIKE,
Inc.’s President and CEO, along with Parker’s current direct reports including
Hilary Krane who becomes EVP, Chief Administrative Officer and General
Counsel, Don Blair, EVP and Chief Financial Officer, David Ayre, EVP of Global
Human Resources, John Slusher, EVP of Global Sports Marketing, Jim Calhoun,
President & CEO of Converse, John Hoke, VP of Global Design and Tinker
Hatfield, VP of Creative Concepts.

“Charlie’s contributions to NIKE are deeply significant and he’s helped build
the brand around the world. I’ve worked with him for more than 30 years and I
will miss him,” said Parker. “We have a thoughtful succession strategy in
place and have built a highly experienced, consumer-focused executive
management team with the expertise, acumen, and brand knowledge required to
continue to build sustainable growth for NIKE, Inc. for the long-term.”*

Prior to his retirement in January 2014, Denson will work closely with Parker
to help manage the transition.

                        ADDITIONAL MANAGEMENT CHANGES

The company also announced a number of additional senior management changes.

Gary DeStefano, President of Global Operations, has decided to retire after 31
years with the company. His retirement is effective July 29, 2013. Effective
July 1, Elliott Hill, VP & GM of North America, will become President of
Geographies and Sales. Jayme Martin, the VP & GM of Global Running, will
become VP & GM of Global Categories. NIKE Golf will now report to Martin.
Christiana Shi, the VP of e-commerce, will become President of Direct to
Consumer, leading NIKE’s retail and e-commerce organizations. Hill, Martin and
Shi will report directly to Edwards.

“I would like to thank Gary for his leadership, particularly for the important
role he played in building our geography structure around the world and his
dedication to the company. We greatly value his contributions and his part in
developing the next generation of leaders at NIKE,” said Parker.

As Hill moves into his new role, Joaquin Hidalgo, the VP & GM of Emerging
Markets, will become the VP & GM of North America and Roland Wolfram, the VP &
GM of NIKE Football, will become the VP & GM of Emerging Markets. Hidalgo and
Wolfram will report to Hill.

As Martin moves into his new role, Patrick Seehafer, the VP of Global Footwear
for Converse, will become the VP & GM of NIKE Running. Dermott Cleary, the VP
& GM of NIKE Sportswear, will become the VP & GM of NIKE Football. Dirk-Jan
van Hameren, the VP of NIKE Sportswear for Western Europe, will become the VP
& GM of NIKE Sportswear. Seehafer, Cleary and van Hameren will report to
Martin.

About NIKE

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.
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, visit
www.nikeinc.comand follow @Nike.

* The marked paragraphs contain 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 S.E.C., including Forms 8-K, 10-Q, and 10-K. Some
forward-looking statements in this release concern changes in futures orders
that are not necessarily indicative of changes in total revenues for
subsequent periods due to the mix of futures and “at once” orders, exchange
rate fluctuations, order cancellations, discounts and returns, which may vary
significantly from quarter to quarter, and because a significant portion of
the business does not report futures orders.

Contact:

NIKE, Inc.
Media:
Kellie Leonard, 503-671-6171
or
Investors:
Kelley Hall, 503-532-3793
 
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