Nike CR Report Released Detailing Progress and Challenges against Goals and Public Targets
NIKE, Inc. (NYSE:NKE) today announced that Michaela (Michi) Stitz has been named as Vice President of Central and Eastern Europe (CEE). Stitz will be responsible for driving continued market leadership and growth for the CEE geography, replacing Marc van Pappelendam, who was recently named as VP of the UK/Ireland territory.
NIKE, Inc. will reduce its overall global workforce of nearly 35,000 by approximately five percent. Nike will eliminate approximately 500 jobs from its World Headquarters near Beaverton.
Brand Reorganization Into Six Geographies to Build Better, More Responsive Organization
NIKE, Inc. Announces Corporate Restructuring and Cost Reductions to Enhance Consumer Focus and Drive Innovation More Quickly to Market
NIKE, Inc. (NYSE:NKE) today announced the next stage of its category business model execution, which includes the restructuring of its business to further enhance its consumer focus and drive innovation more quickly to market. This realignment will drive greater efficiencies throughout the organization and may result in an overall reduction of up to four percent of the company’s workforce. NIKE, Inc. employs nearly 35,000 people worldwide.
NIKE, Inc. (NYSE: NKE) today debuted Nike Considered Design, its latest products which combine sustainability principles with the newest innovations for sport.
NIKE, Inc. (NYSE:NKE) today announced that Eric Sprunk has been promoted to the newly created role of Vice President for Product.