NIKE, Inc. Announces Bob Hurley to Step Down as CEO of Hurley
October 06 2015 - 4:00PM
Business Wire
NIKE, Inc. (NYSE: NKE) today announced that after more than 16
years of leading the Hurley brand, Founder Bob Hurley will retire
and step down as CEO to transition to a new role, where he will
focus on building and cultivating the community and extending
Nike’s relationships with elite athletes.
He will leverage more than 40 years of relationships and
experiences to continue doing what he loves best – growing and
influencing the development of the sport.
“Bob is a legend in the surf and action sports industry who grew
his passion into a globally recognized brand that stands for
creativity, innovation and community,” said Mark Parker, President
and CEO of NIKE, Inc. “We look forward to continuing our work
together to build the Hurley brand globally.”
“Working with NIKE, we’ve been able to connect the world’s best
surfers with the most innovative products to inspire riders
everywhere,” said Bob Hurley, Founder of Hurley. “Now I look
forward to focusing on what I love most -- spending my time with
the community and growing the sport with the athletes that push the
limits of what’s possible.”
Longtime NIKE veteran Bob Coombes, VP, GM of Hurley, takes on
management of the business at Hurley, reporting to Jayme Martin,
VP, GM Global Categories, NIKE, Inc.
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’s earnings releases and
other financial information are available at
http://investors.nike.com. Individuals can also visit
http://news.nike.com/ and follow @Nike.
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version on businesswire.com: http://www.businesswire.com/news/home/20151006006845/en/
NIKE, Inc.Investor Contact: Kelley
Hall, 503-532-3793Media Contact:
Kellie Leonard, 503-671 6171
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