Nike names Parker CEO, Perez resigns
Nike Inc., Beaverton, Ore., today announced the appointment of Nike brand co-president Mark Parker as the company's new president and CEO following the resignation of William D. Perez. Parker also succeeds
Perez on the company's board of directors. Nike's board of directors and Perez
mutually agreed to end his relationship with the company without cause, citing differences regarding leadership between Perez and Philip H. Knight, Nike's founder and board chairman. Parker has 27 years of experience at Nike and has been involved in many of Nike's most significant product innovations and integrated brand campaigns. He also has been one of the key executives leading the company's long-term strategic planning. Since 2001, Parker and co-president Charlie Denson have led the Nike brand during a period of strong financial performance and growth. Denson will now lead the Nike brand as president.
Perez on the company's board of directors. Nike's board of directors and Perez
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Nike Inc., Beaverton, Ore., has appointed William D. Perez president, CEO and director effective December 28.
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