NIKE, Inc. (NYSE:NKE) today announced that Eric Sprunk has been promoted
to the newly created role of Vice President for Product. In this role,
Sprunk will be responsible for all Nike brand product across the company’s
footwear, equipment and apparel engines from design and development to
manufacturing.
Sprunk, 44, has been with Nike for 15 years working in senior financial,
product and global management roles. He will report to Charlie Denson,
President of the Nike Brand.
“Eric is a seasoned leader who brings strong
global management experience and a successful track record to this new,
very important role,” said Nike Brand
President Charlie Denson. “Nike’s
growth has been, and will continue to be, fueled by our ability to
deliver innovative, superior products. Under Eric’s
leadership, we look forward to extending Nike’s
legacy of innovation and product excellence.”
Sprunk joined Nike in 1993 as Finance Director for the Americas region.
During his 15-year career, he has held numerous financial and general
management roles in the Company’s Americas and
European regions, culminating with his appointment as Vice President of
Global Footwear in 2001. During his tenure, Nike’s
footwear business has grown from $5.5 billion to $9.7 billion at the end
of FY 2008.
Jan Singer, 44, will succeed Sprunk and has been promoted to Vice
President of Footwear. Singer joined Nike in 2004 and most recently
served as Vice President of Footwear Sport Culture. In her new role, she
will be responsible for creating and executing Nike’s
global footwear creation strategy.
About Nike
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 subsidiaries include
Converse Inc., which designs, markets and distributes athletic footwear,
apparel and accessories; Cole Haan, which designs, markets and
distributes luxury shoes, handbags, accessories and coats; Umbro Ltd., a
leading United Kingdom-based global football (soccer) brand; and Hurley
International LLC, which designs, markets and distributes action sports
and youth lifestyle footwear, apparel and accessories. For more
information, visit www.nikebiz.com.
NIKE, Inc.
Investor Contact:
Pamela Catlett, 503-671-4589
or
Media
Contact:
Kellie Leonard, 503-671-6171
