NIKE (NKE) Appoints Roger Wyett as VP, Action Sports
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Price: $40.76 +1.37%
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 today that Roger Wyett, President of its Affiliates, will be the company’s new Vice President of Action Sports with responsibility for the Nike Brand’s skateboarding and snow businesses, as well as Hurley International LLC. Sandy Bodecker, the current VP of Action Sports at Nike, will now work on special projects involving long-term product innovation. In addition, NIKE, Inc. announced that Jim Calhoun, CEO of Converse Inc., will report directly to Mark Parker, President & CEO of NIKE, Inc.
Scott LeClair, VP and GM of Nike Skate and Nike Snow, will report to Wyett. Bob Hurley, currently the interim CEO of Hurley, will also remain in that position and will report to Wyett.
Wyett, 55, first joined Nike in 1994 and has held a variety of roles including CEO of Hurley and Vice President of Global Apparel. He will report to Trevor Edwards, Nike’s Executive Vice President of Global Brand & Category Management.
Scott LeClair, VP and GM of Nike Skate and Nike Snow, will report to Wyett. Bob Hurley, currently the interim CEO of Hurley, will also remain in that position and will report to Wyett.
Wyett, 55, first joined Nike in 1994 and has held a variety of roles including CEO of Hurley and Vice President of Global Apparel. He will report to Trevor Edwards, Nike’s Executive Vice President of Global Brand & Category Management.
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