Nike (NKE) Announces Retirement of Cathleen Benko from Board
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SELL (= Flat)
Dividend Yield: 4.2%
EPS Growth %: -26.4%
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On June 13, 2025, Cathleen Benko notified Nike (NYSE: NKE) of her decision to retire as a member of the Board of Directors of the Company (the “Board”) effective as of the Company’s 2025 annual meeting of shareholders (the “2025 Annual Meeting”). Therefore, Ms. Benko will not stand for re-election at the 2025 Annual Meeting. Ms. Benko is a director in good standing, and her decision to retire is not because of a disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices.
“We thank Cathy for her dedicated service and countless contributions to the Company over the past 7 years, and we wish her the best in her future endeavors,” said Mark Parker, Executive Chairman of the Company.
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