NIKE, Inc. Furnishes Senior Leadership Team Changes
Summary
NIKE, Inc. announced organizational changes on December 2, 2025, including the appointment of Venkatesh Alagirisamy as Executive Vice President, Chief Operating Officer, effective December 8, 2025 (via Ex. 99.1). Mr. Alagirisamy, previously Chief Supply Chain Officer, will now lead Technology, Supply Chain, Planning, Operations, Manufacturing, and Sustainability. The company also eliminated the Executive Vice President, Chief Commercial Officer role, leading to Craig Williams' separation on April 6, 2026. - Mr. Alagirisamy's annual base salary will increase to $1,025,000. - His target bonus opportunity under the Executive Performance Sharing Plan will be increased to 120%.
Why It Matters
Investors should note these significant organizational changes, particularly the establishment of a new EVP, Chief Operating Officer role under Venkatesh Alagirisamy, which aims to integrate technology and operations more seamlessly (via Ex. 99.1). The elimination of the Chief Commercial Officer role also signals a strategic shift in leadership structure.
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Key Quote
“On December 2, 2025, the Company also announced the elimination of the Executive Vice President, Chief Commercial Officer role.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000320187
- Filing Date
- Tuesday, December 2, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive