NIKE, Inc. Announces Strategic Management Changes

NIKE, Inc. (NYSE:NKE) today announced management and organizational changes to drive continued growth.

“We are fortunate to have built a strong and deep bench of talent across our organization. As we move forward to deliver our long-term goals, the leadership changes we are announcing today will help us to continue to drive growth around the world,” said Mark Parker, President and CEO, NIKE, Inc.*

Michael Spillane, VP / GM of Footwear, will become President, Product and Merchandising succeeding Jeanne Jackson. Jackson will move to a new role working directly with Parker advising on future strategy. Spillane has been with Nike for nine years. He was previously VP / GM of Greater China and President and CEO of Converse.

Elliott Hill, President of Geographies and Sales, will become President of Geographies and Integrated Marketplace, overseeing both the wholesale and direct to consumer businesses. Hill has nearly three decades of global Nike experience, having held senior leadership positions in Sales, Geographies, and DTC. Christiana Shi, President of DTC, will retire in September to spend more time with her family. Shi joined Nike in 2010 and has led the growth and strengthening of the Company’s DTC capabilities. She will be succeeded by Heidi O’Neill. O’Neill has been at Nike since 1998 and was the VP / GM of Nike Women’s business for seven years and led strong growth in the category before moving to VP of Nike Stores in 2014. As President of DTC, O’Neill will report to Hill.

Davide Grasso, Chief Marketing Officer, will become President and CEO of Converse. Grasso has more than 20 years of Nike experience and has been Chief Marketing Officer for the last three years. Nike veteran marketer and designer, Greg Hoffman, VP of Global Brand Creative and Experience, will succeed Grasso as Chief Marketing Officer. Jim Calhoun, currently President and CEO of Converse, will be leaving the Company to pursue other interests after the transition with Grasso.

Spillane and Grasso will report to Parker. Hill and Hoffman will report to Trevor Edwards, President, Nike Brand.

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, Inc. subsidiary brands include Converse, which designs, distributes and licenses casual sneakers, apparel and accessories; and Hurley, which designs and distributes a line of action sports and youth lifestyle apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.NIKE.com. Individuals can also visit http://news.nike.com/ and follow @Nike.

* The marked paragraph contains “forward-looking statements”, as defined in the Private Securities Litigation Reform Act of 1995, concerning the impact of certain management changes that involves risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed from time to time in reports filed by NIKE with the Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q, and 10-K. These forward-looking statements speak only as of the date of this press release, and NIKE does not undertake any obligation to revise or update such statements, whether as a result of new information, future events, or otherwise.

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NIKE, Inc.Investor Contact:Kelley Hall, 503-532-3793orMedia Contact:Kellie Leonard, 503- 671-6171