logo
NIKE, Inc. Announces Senior Leadership Changes to Accelerate Growth and Drive Win Now Action Plan

NIKE, Inc. Announces Senior Leadership Changes to Accelerate Growth and Drive Win Now Action Plan

Yahoo05-05-2025

Amy Montagne Becomes President, Nike
Phil McCartney Becomes EVP, Chief Innovation, Design & Product Officer
Nicole Graham Becomes EVP, Chief Marketing Officer
Tom Clarke Becomes Chief Growth Initiatives Officer
Heidi O'Neill to Retire
BEAVERTON, Ore., May 05, 2025--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) announced a series of strategic changes to its Senior Leadership Team (SLT), elevating experienced leaders to accelerate progress against its Win Now action plan to position the company for future growth.
Elliott Hill, President and CEO, NIKE, Inc. and Heidi O'Neill, President of Consumer, Product, and Brand, have decided the Consumer, Product, and Brand leadership will now be divided into three distinct areas: Consumer and Sport, Marketing, and Product Creation, inclusive of Innovation and Design. These roles will now report directly to Hill. As a result of these changes O'Neill has decided to retire from Nike after 26 years. She will continue to serve in an advisory capacity until September 2025.
"For nearly three decades, Heidi has been a true champion for Nike, for sport and for athletes across the globe. Her vision and dedication over the years have left an indelible mark on Nike and created an impact on the world of sport," said Hill. "Among Heidi's many successes, she most recently elevated our brand voice, and innovation and product pipeline by putting sport and athletes at the center of everything we do. I want to thank Heidi for her passion, commitment and service and wish her the best on her next adventure."
The new Senior Leadership appointments will be effective immediately and include:
Amy Montagne, previously VP/GM Global Women's, has been promoted to President, Nike, responsible for obsessing and serving consumers across all sports and driving future growth for the Nike Brand.
Phil McCartney, formerly VP, Footwear, has been promoted to EVP, Chief Innovation, Design & Product Officer responsible for the creation of innovative and coveted product, season-after-season. This includes how Nike, Jordan and Converse innovates, designs, and creates products for athletes around the world.
Nicole Graham, previously Chief Marketing Officer, has been promoted to EVP, Chief Marketing Officer, leading Nike, Jordan and Converse storytelling to inspire consumers and shape the brands for distinction through the passion and emotion of sport.
Tom Clarke, currently strategic advisor to the CEO and member of the SLT, has assumed the new role of Chief Growth Initiatives Officer.
"I'm confident that with this new structure and leadership team in place we will be able to better line up and leverage all the advantages that make Nike great," said Hill. "These exceptional leaders bring extensive Nike experience and have been instrumental in resetting our priorities to lead with sport and put the athlete at the center of everything we do."
Background information on key leaders:
Amy Montagne has worked at Nike for 20 years, most recently serving as VP/GM Global Women's. Previously she held various VP/GM roles, including Asia Pacific and Latin America, Global Men's, Global Categories, Global Women's, Global Merchandising, and other leadership positions in North America, Running, Women's Training, and Sportswear. Before joining Nike, Montagne worked in allocation, planning, and merchandising at Gap Inc., Mervyn's, and Walmart. She has a deep understanding of the athlete and how Nike can drive operational excellence to serve them effectively. She is recognized for her leadership capabilities and her ability to implement change, foster innovation, and build brand impact.
Phil McCartney is a seasoned professional with 27 years of experience at Nike. He previously served as the VP of Nike Footwear, a position he has held since 2016. Over the past nine years, he has contributed significantly to the growth of Nike by working across product development, design, and merchandising for all sports and Nike Sportswear. Phil is renowned for his ability to build, drive, and inspire teams to achieve product excellence. His diverse career at Nike includes various roles in different geographies and functions. He began his journey as an EKIN in the UK, progressed to product roles in Amsterdam, and ultimately joined Nike World Headquarters in Beaverton. Prior to his tenure at Nike, Phil was a long-distance runner representing Great Britain, which underscores his profound passion for sports.
Nicole Graham has more than 20 years of experience in Marketing and is a visionary leader experienced at building iconic brands. She re-joined Nike as the CMO in 2023 and has a proven track record of creating world-class marketing for Nike that has energized global sports moments like the Olympics and Paralympics, the World Cup, the NBA Finals and the Super Bowl. In 2020, Nicole co-founded Adopt, a creative agency that partners with athletes, start-ups, and top consumer companies. Prior to that, she spent 18 years at Nike, honing her expertise across all facets of Marketing from sport categories to retail and Nike Direct across global, geo, and key cities.
Dr. Thomas Clarke is a 45-year veteran of Nike. He joined Nike in 1980 as the Director of Biomechanics Research, before going on to serve in roles such as Director of Research and Development; VP, Product, VP, Marketing; and GM, Nike Brand. His first senior leadership role was VP, Footwear and Apparel, and he was President and Chief Operating Officer from 1994-2000. Prior to becoming the strategic advisor to the CEO in 2023, Clarke served as the President of Innovation for Nike for 11 years, overseeing advanced innovation for the company across footwear, apparel, and accessories. He also previously served on the boards for NIKE, Inc., Newell Rubbermaid and Starwood Hotels.
About NIKE, Inc.
NIKE, Inc., headquartered in 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. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.'s earnings releases and other financial information are available on the Internet at https://investors.nike.com/. Individuals can also visit https://about.nike.com/and follow NIKE on LinkedIn, Instagram and YouTube.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250505207531/en/
Contacts
Media Contact:Media.Relations@nike.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth
Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

Business Wire

time28 minutes ago

  • Business Wire

Walker & Dunlop's Built-For-Rent Report Highlights Accelerated Growth

BETHESDA, Md.--(BUSINESS WIRE)-- Walker & Dunlop, Inc. released its 2025 Built-For-Rent (BFR) report, that offers comprehensive market trends and analysis on the rapid expansion of this housing sector. As a leader in this space, Walker & Dunlop has facilitated over $3.4 billion in BFR financing and investment sales, providing expert guidance to developers and investors navigating this dynamic asset class. 'BFR has emerged as a fast-growing and highly strategic segment within multifamily real estate,' said Walker Harris, senior vice president and co-head of Multifamily at Walker & Dunlop. 'Fueled by evolving renter preferences, constrained for-sale inventory, and widening affordability challenges in homeownership, BFR presents renters with a unique option: purpose-built single-family homes combined with the flexibility of renting.' The report explores the current BFR market, the advantages and challenges of BFR investment, and the ways in which Walker & Dunlop facilitates strategic investment in the BFR space. Why BFR Demand Is Accelerating: A Shifting Renter Profile: Renters choose BFR for lifestyle and flexibility, enjoying home-like features without mortgage commitments. Supply-Demand Imbalance: Rental housing demand exceeds supply as population growth outpaces new single-family home construction. Affordability Gap Widens: Rising homeownership costs make buying less affordable, increasing interest in BFR communities. Rent vs. Own: A Compelling Cost Comparison: BFR renting often costs significantly less than owning a comparable home, offering notable savings. For owners and investors, BFR offers institutional-grade stability by combining single-family home appeal with multifamily management, leading to stable cash flow and higher occupancy rates around 96%. Its diverse product types—detached homes, townhomes, and horizontal apartments—allow tailored investment strategies, with single-family detached homes often commanding the highest prices for closely mimicking traditional homeownership. 'At Walker & Dunlop, we provide comprehensive capital solutions tailored to every stage of the Built-For-Rent lifecycle, from development and acquisition to investment,' said Keaton Merrell, managing director of Capital Markets at Walker & Dunlop. 'As the #1 Fannie Mae DUS® lender in 2024, we offer clients access to scalable, attractive financing alongside a broad range of debt and equity options. Our deep market expertise and expansive network enable us to deliver customized advisory services that help clients mitigate risk and accelerate execution. We are proud to be a trusted partner driving growth and stability in this dynamic sector.' For insights on BFR and to explore key trends shaping the market, download Walker & Dunlop's 2025 Built-For-Rent report here. About Walker & Dunlop Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit
Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit

Yahoo

time34 minutes ago

  • Yahoo

Judge Orders J&J Subsidiary to Pay $442 Million in Antitrust Lawsuit

Johnson & Johnson (NYSE:JNJ) is one of the best Dow stocks to invest in. Recently, a federal judge ruled that a Johnson & Johnson subsidiary must pay $442 million in damages after a jury concluded last month that the company had broken antitrust laws by withholding support from hospitals that used reprocessed catheters. U.S. District Judge James Selna ordered the company to pay three times the $147 million in damages awarded by the jury, as permitted under antitrust regulations. This sum does not include legal fees or other related costs. Daniel Vukelich, CEO of the Association of Medical Device Reprocessors, described the decision as 'a seismic result.' In response, a Johnson & Johnson (NYSE:JNJ) spokesperson said the company intends to appeal the verdict but will comply with the court's decision and any required relief for now. The spokesperson added, 'We strongly disagree with the jury's verdict and believe it will not withstand appellate review.' Innovative Health sued Johnson & Johnson (NYSE:JNJ)'s Biosense Webster in 2019, claiming the company used its market power to block hospitals from using reprocessed heart-mapping catheters by tying support for its Carto 3 system to purchases of its own products. A jury found Johnson & Johnson (NYSE:JNJ) violated antitrust laws by withholding support for the reprocessed devices. AMDR's CEO said the ruling signals that anti-competitive tactics against reprocessing won't be tolerated. The case was heard in the U.S. District Court for the Central District of California. While we acknowledge the potential of JNJ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.

Legislation could help speed air cargo shipments
Legislation could help speed air cargo shipments

Yahoo

time37 minutes ago

  • Yahoo

Legislation could help speed air cargo shipments

WASHINGTON — Legislation introduced in the House and Senate could help speed air cargo shipments through the supply chain by using a new funding incentive for surface transportation projects. The Don't Miss Your Flight Act, introduced last week in the House by U.S. Reps. Steve Cohen, D-Tenn. and David Kustoff, R-Tenn. and in the Senate by U.S. Sens. Marsha Blackburn, R-Tenn., and Tammy Duckworth, D-Ill., would use existing federal funding to create an incentive for surface transportation projects at and within five miles of a public airport. 'We've all been there – you're rushing to the airport but then get stuck in traffic outside while worrying that your flight is going to take off without you,' Duckworth said in a press statement. 'Airports like Chicago O'Hare and so many others are building to keep up with the growing passenger demand, but our surface transportation leading into and out of our airports needs to keep pace.' In addition to passenger benefits, Kustoff emphasized benefits to cargo shipments as well.'It is imperative that shipments can get in and out of Memphis quickly and effectively,' he said. 'The Don't Miss Your Flight Act is critical legislation that will ensure federal funding is used to modify surface transportation around our nation's busiest airports.' Cohen added that as the nation's busiest cargo airport, Memphis International Airport 'is at the confluence of river, rail and highway circuits we call 'America's Distribution Center',' he said. 'Updates to the ground infrastructure in Memphis and around the country through grants authorized under the Don't Miss Your Flight Act will modernize and improve the air traveler's experience.' Memphis International Airport is the third busiest cargo airport in the world, behind airports in Hong Kong and Shanghai, according to the latest ranking by Airports Council International. FedEx Corp. (NYSE: FDX), headquartered in Memphis, is the airport's largest cargo operator, operating approximately 400 flights per day, according to the airport. The bill's language states that a project eligible for grant funds under the legislation is a project that:Connects to a public airport. Makes improvements on land that is on or within five miles of that public airport. Reduces congestion, expands capacity, provides access to under-connected areas, or rehabilitates roadway, rail, or transit infrastructure, including bridges, tunnels, and rolling stock. Airlines lower air cargo forecast amid escalating trade war FedEx converts parcel freighter to heavy cargo operation Just steal it: Why carriers avoid Memphis Click for more FreightWaves articles by John Gallagher. The post Legislation could help speed air cargo shipments appeared first on FreightWaves.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store