NIKE, Inc.

NIKE, Inc. announced the appointment of David Denton as Executive Vice President and Chief Financial Officer, effective August 16, 2026. Matthew Friend will step down from the CFO role and serve as an advisor until his separation on September 4, 2026. Mr. Denton's compensation package includes an annual base salary of $1,450,000, a target annual bonus of 120% of base salary, and an annual target long-term incentive award of $11,500,000, along with one-time cash awards totaling $11,250,000. The company also provided preliminary information regarding its fourth quarter fiscal 2026 financial results, which are expected to be generally in line with previously provided guidance, excluding a benefit from tariff refunds.

NIKE, Inc. announced that John W. Rogers, Jr. has decided to retire from its Board of Directors, effective after the 2026 Annual Meeting of Shareholders. Rogers, who has served on the board since 2018, will not seek re-election. Following his retirement, he will transition to a strategic advisor role, focusing on the future of sport and community engagement. The company anticipates the Board size will be reduced to eleven directors.