Maria Henry to Join NIKE, Inc. Board of Directors

Rhea-AI Summary

NIKE, Inc. appoints Maria Henry to its Board of Directors. Henry is a former CFO of Kimberly-Clark Corporation and brings strong financial leadership and strategic contributions to the board. NIKE sees great opportunity for future growth.

Positive

• Maria Henry's appointment to NIKE's Board of Directors brings strong financial leadership and strategic contributions to the company. This could positively impact the stock price by increasing investor confidence and signaling a focus on growth.

Negative

• None.

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE:NKE) today announced Maria Henry has been appointed to the Company’s Board of Directors.

Henry was Chief Financial Officer of Kimberly-Clark Corporation from April 2015 through April 2022, and served as Executive Vice President and Senior Advisor of Kimberly-Clark Corporation from April 2022 until her retirement in September 2022.

“Maria’s strong global and financial leadership, as well as her strategic contributions across multiple industries, make her an outstanding addition to our board,” said Mark Parker, Executive Chairman of NIKE, Inc. “We look forward to working with Maria during an exciting time for Nike where we see unprecedented brand strength and great opportunity for future growth.”

Prior to Kimberly-Clark, Henry was Executive Vice President and Chief Financial Officer of The Hillshire Brands Company, formerly known as Sara Lee Corporation, from 2012 to 2014. She was the Chief Financial Officer of Sara Lee’s North American Retail and Foodservice business from 2011 to 2012.

Henry began her career at General Electric and has held various senior leadership positions since then, specifically across strategy and finance at Clayton, Dubilier & Rice portfolio companies including as Executive Vice President and Chief Financial Officer of Culligan International, and senior finance roles in several technology companies.

In addition to joining NIKE, Inc.’s Board, Henry serves as a member of the Board of Directors of General Mills, 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. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.nike.com. Individuals can also visit http://news.nike.com and follow @NIKE.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230509006137/en/

Media Contact:

Anna Kim-Williams

media.relations@nike.com

Investor Contact:

Paul Trussell

investor.relations@nike.com

Source: NIKE, Inc.

FAQ

Who has been appointed to NIKE's Board of Directors?

Maria Henry.

What is Maria Henry's background?

She was the former CFO of Kimberly-Clark Corporation and has held various senior leadership positions in finance and strategy.

What is the potential impact of Maria Henry's appointment on NIKE's stock price?

Her appointment could positively impact the stock price by increasing investor confidence and signaling a focus on growth.

What other companies does Maria Henry serve on the Board of Directors for?

General Mills, Inc.