BEAVERTON, Ore.--(BUSINESS WIRE)--Oct. 12, 2009--
NIKE, Inc. (NYSE:NKE) today announced that Jack Boys will retire as CEO
of Converse and company executive Michael Spillane has been named his
successor. Boys and Spillane will transition their roles through the end
of the year.
“With Jack’s leadership, Converse has experienced exceptional brand
growth and financial performance. His contribution to Converse’s success
has helped make the brand what it is today. Under his guidance, Converse
just posted its most profitable first quarter to date – demonstrating
the power and potential of the Converse brand,” said Eunan McLaughlin,
President NIKE, Inc. Affiliates.
“We are very excited to have Michael in the CEO role. He has worked
closely with Jack for the past two years developing Converse’s growth
strategy,” said McLaughlin. “Their leadership, passion and deep
understanding of the Converse consumer has uniquely positioned Converse
for continued global growth.”
As CEO of Converse, Spillane will report directly to McLaughlin.
Spillane brings 25 years of hands-on financial, textile and apparel
experience to Converse. He joined Converse in 2007 as President of North
American Footwear. In less than a year, he was asked to lead growth
around the apparel business, as President, North America and Global
Product. Previously Spillane held CEO positions at Polartec and Malden
Mills as well as senior positions at Tommy Hilfiger and Jockey.
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.
About Converse Inc.
Converse Inc. is a wholly owned subsidiary of NIKE, Inc. Established in
1908, the Converse brand has built a reputation as "America's Original
Sports Company"(tm) and has been associated with a rich heritage of
legendary shoes such as the Chuck Taylor(r) All Star(r) shoe, the Jack
Purcell(r) shoe and the One Star(r) shoe. Today, Converse offers a
diverse portfolio including premium lifestyle men's and women's footwear
and apparel. Converse product is sold globally by retailers in over 160
countries and over 40 company-owned retail locations in the U.S. For
more information, visit Converse on the web at www.converse.com.
For more information, including multi-media materials, please visit: www.nikemedia.com
Source: NIKE, Inc.
Investor Relations:
Vice President, Nike Investor Relations:
Pamela
Catlett, +1-503-671-4589
or
Media:
Senior Director Nike
Corporate Communications:
Kellie Leonard, +1-503-671-6171