BEAVERTON, Ore., Dec 15, 2009 (BUSINESS WIRE) -- NIKE, Inc. (NYSE:NKE) today announced that Dave McTague has been named
as CEO of Cole Haan. McTague will succeed Jim Seuss, current CEO of Cole
Haan, who has decided to leave the company. McTague will join Cole Haan
on January 4th, 2010.
"We appreciate Jim's leadership at Cole Haan as he has worked to
position Cole Haan as a leading, premium brand in the marketplace," said
Eunan McLaughlin, President NIKE, Inc. Affiliates. "Over the past
several years, Cole Haan has focused on reinvigorating product creation
and improving consumer connectivity. We continue to view Cole Haan as a
complement to the Nike portfolio with opportunities for long-term
growth."
Seuss will work with McTague to transition their roles through the
beginning of the New Year.
"We look forward to welcoming Dave back to the NIKE, Inc. family," said
McLaughlin. "With his previous leadership at Converse and knowledge and
passion in the industry we feel confident Dave has the skills and
experience to lead Cole Haan into its next phase of growth, connecting
the brand with consumers worldwide."
As CEO of Cole Haan, McTague will report directly to McLaughlin. Prior
to his most recent role as Executive Vice President of Partnered Brands
for Liz Claiborne, Inc., McTague served as President of Converse Apparel
from 2005-2007. McTague brings 25 years of extensive industry experience
to his role at Cole Haan, having worked for Victorinox, Swiss Army
Brands as President of Global Apparel and Retail and President of
Menswear for Tommy Hilfiger USA, among other leading brands.
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. Wholly-owned Nike subsidiaries include Cole Haan,
which designs, markets and distributes luxury shoes, handbags,
accessories and coats; Converse Inc., which designs, markets and
distributes athletic footwear, apparel and accessories; Hurley
International LLC, which designs, markets and distributes action sports
and youth lifestyle footwear, apparel and accessories; and Umbro Ltd., a
leading United Kingdom-based global football (soccer) brand. For more
information, visit www.nikebiz.com.
For more information, including multi-media materials, please visit: www.nikemedia.com
SOURCE: NIKE, Inc.
NIKE, Inc.
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