Nike Investigates Workplace Complaints, Says No. 2 Executive Resigns
March 15 2018 - 07:09PM
Dow Jones News
By Sara Germano
Nike Inc. said that it had received complaints about workplace
behavior and that its No. 2 executive has resigned, setting off a
management shuffle at the sportswear giant.
The company said Trevor Edwards, Nike brand president and a
potential successor to Chief Executive Mark Parker, has resigned
his position immediately and will retire from the company in
August.
In an internal memo to staff announcing the departure, Mr.
Parker disclosed that the company in recent weeks had received
reports of "behavior occurring within our organization that do not
reflect our core values of inclusivity, respect and
empowerment."
"We've heard from strong and courageous employees," he
wrote.
He didn't specify the nature of the complaints or whether they
involved Mr. Edwards or other executives. A Nike spokesman said
there were no allegations against Mr. Edwards and declined to
provide details.
Mr. Parker said Nike was conducting a review of the company's
human-resources systems and practices for elevating internal
complaints. "This has been a very difficult time," he wrote.
As part of the management shake-up, Mr. Parker said he now
planned to remain Nike's chairman and CEO beyond 2020.
Write to Sara Germano at sara.germano@wsj.com
(END) Dow Jones Newswires
March 15, 2018 18:54 ET (22:54 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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