Nike Brand President Charlie Denson has announced management and organizational changes designed to strengthen alignment of the Nike brand with geographic growth opportunities and core global product categories and consumer segments.
The moves evolve Nike from a product-driven business model supported by brand initiatives, to a consumer-focused organization driving profitable growth through global category management of core business segments.
"We're aligning with our biggest growth opportunities, both geographically in markets such as China, and in core product categories and consumer segments such as basketball and football (soccer)," said Nike Brand President Charlie Denson. "This new approach is designed to better serve athletes, build deeper consumer connections, expand market share, drive profitable growth and aggressively extend our competitive leadership worldwide."
As part of the changes, Denson announced the promotions of Gary DeStefano, previously head of US Operations, to President, Global Operations, with profit and loss responsibility for the Nike brand's four geographic operating regions -- the US, Americas, Asia Pacific, and Europe, Middle East and Africa; and Trevor Edwards, previously VP, Global Brand Management, to VP, Global Brand and Category Management, adding responsibility for consumer and category management, while continuing to lead brand management. Both will continue to report to Denson.
In addition, Denson announced the creation of senior leadership positions for five core product category segments -- running, football (soccer), basketball, men's training and women's fitness -- each of which will be headed by a Vice President reporting to Edwards. It expects to fill those positions shortly.
Nike's sport culture business will continue to be led by VP Sandy Bodecker, working collaboratively across all brand product categories. Bodecker also will continue to oversee growth of Nike's action sports business. He will continue to report to Denson.
DeStefano, Edwards and Bodecker will continue to work closely with the heads of Nike's product engines -- Eric Sprunk, footwear; Roger Wyett, apparel; and Peter Ruppe, equipment -- all of whom will continue to report to Denson.
These changes better enable Nike to more consistently deliver in each category segment innovative product and premium consumer experiences such as Nike+iPod, which recently launched at retail. Another example is Nike's football business, where the company's strategy to assign a dedicated team to that global product category propelled the expansion of the business from $40 million in 1994 to $1.5 billion today. It also has used this consumer-focused structure to successfully grow its Nike Golf, Brand Jordan, and Nike Skate businesses.
Succeeding DeStefano as head of Nike USA will be Craig Cheek. Cheek joined Nike in 1990 and has held positions of increasing responsibility in the company's U.S. sales and footwear organizations. He has a strong understanding of Nike's retail distribution and product innovation. He was most recently VP of US Footwear.
Joaquin Hidalgo, previously VP, USA Marketing and Brand Management, becomes VP of Global Marketing, reporting to Edwards. In his 16 years with Nike, he has held senior leadership positions in the United States and Americas regions, and has been instrumental in building Nike's global football business. As head of USA marketing and brand management since 2002, he has helped lead the business during a period of strong growth.
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.
The moves evolve Nike from a product-driven business model supported by brand initiatives, to a consumer-focused organization driving profitable growth through global category management of core business segments.
"We're aligning with our biggest growth opportunities, both geographically in markets such as China, and in core product categories and consumer segments such as basketball and football (soccer)," said Nike Brand President Charlie Denson. "This new approach is designed to better serve athletes, build deeper consumer connections, expand market share, drive profitable growth and aggressively extend our competitive leadership worldwide."
As part of the changes, Denson announced the promotions of Gary DeStefano, previously head of US Operations, to President, Global Operations, with profit and loss responsibility for the Nike brand's four geographic operating regions -- the US, Americas, Asia Pacific, and Europe, Middle East and Africa; and Trevor Edwards, previously VP, Global Brand Management, to VP, Global Brand and Category Management, adding responsibility for consumer and category management, while continuing to lead brand management. Both will continue to report to Denson.
In addition, Denson announced the creation of senior leadership positions for five core product category segments -- running, football (soccer), basketball, men's training and women's fitness -- each of which will be headed by a Vice President reporting to Edwards. It expects to fill those positions shortly.
Nike's sport culture business will continue to be led by VP Sandy Bodecker, working collaboratively across all brand product categories. Bodecker also will continue to oversee growth of Nike's action sports business. He will continue to report to Denson.
DeStefano, Edwards and Bodecker will continue to work closely with the heads of Nike's product engines -- Eric Sprunk, footwear; Roger Wyett, apparel; and Peter Ruppe, equipment -- all of whom will continue to report to Denson.
These changes better enable Nike to more consistently deliver in each category segment innovative product and premium consumer experiences such as Nike+iPod, which recently launched at retail. Another example is Nike's football business, where the company's strategy to assign a dedicated team to that global product category propelled the expansion of the business from $40 million in 1994 to $1.5 billion today. It also has used this consumer-focused structure to successfully grow its Nike Golf, Brand Jordan, and Nike Skate businesses.
Succeeding DeStefano as head of Nike USA will be Craig Cheek. Cheek joined Nike in 1990 and has held positions of increasing responsibility in the company's U.S. sales and footwear organizations. He has a strong understanding of Nike's retail distribution and product innovation. He was most recently VP of US Footwear.
Joaquin Hidalgo, previously VP, USA Marketing and Brand Management, becomes VP of Global Marketing, reporting to Edwards. In his 16 years with Nike, he has held senior leadership positions in the United States and Americas regions, and has been instrumental in building Nike's global football business. As head of USA marketing and brand management since 2002, he has helped lead the business during a period of strong growth.
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.
