NIKE (NKE) Appoints New President of the Jordan Brand
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Price: $40.91 +1.74%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: -2.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: -2.9%
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NIKE, Inc. (NYSE: NKE) announced that Larry Miller will rejoin Nike as President of the Jordan Brand. Miller will be responsible for driving the global growth strategy for all aspects of the Jordan Brand and will report directly to Trevor Edwards, Vice President Global Brand and Category Management for Nike. Miller replaces Keith Houlemard, who will now lead the company’s future worldwide Olympic efforts as General Manager where he will be responsible for driving category and brand management strategies supporting key sports marketing partnerships and business across the globe.
Miller, 61, most recently served as President of the Portland Trail Blazers. From 1999 to 2006, Miller served as President of the Jordan Brand and prior to that position, he served as Vice President and General Manager of Nike Basketball, where he managed operations for Jordan, Nike Basketball and Converse.
Miller, 61, most recently served as President of the Portland Trail Blazers. From 1999 to 2006, Miller served as President of the Jordan Brand and prior to that position, he served as Vice President and General Manager of Nike Basketball, where he managed operations for Jordan, Nike Basketball and Converse.
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