Nike 2011 Annual Report Download - page 8

8 NIKE,INC.-Form10-K
PARTI
ITEM1ARisk Factors
• David J. Ayre, Vice President, Global Human Resources— Mr.Ayre, 51, joined
NIKE as Vice President, Global Human Resources in 2007. Prior to joining
NIKE, he held a number of senior human resource positions with PepsiCo,Inc.
since 1990, most recently as head of Talent and Performance Rewards.
•Donald W. Blair, Vice President and Chief Financial Offi cer— Mr.Blair, 53,
joined NIKE in November1999. Prior to joining NIKE, he held a number of
fi nancial management positions with PepsiCo,Inc., including Vice President,
Finance of Pepsi-Cola Asia, Vice President, Planning of PepsiCo’s Pizza Hut
Division, and Senior Vice President, Finance of The Pepsi Bottling Group,Inc.
Prior to joining PepsiCo, Mr.Blair was a certifi ed public accountant with
Deloitte, Haskins, and Sells.
• Charles D. Denson, President of the NIKE Brand— Mr.Denson, 55, has
been employed by NIKE since 1979. Mr.Denson held several management
positions within the Company, including his appointments as Director of
USA Apparel Sales in 1994, divisional Vice President, U.S. Sales in 1994,
divisional Vice President European Sales in 1997, divisional Vice President
and General Manager, NIKE Europe in 1998, Vice President and General
Manager of NIKE USA in 2000, and President of the NIKE Brand in 2001.
• Gary M. DeStefano, President, Global Operations— Mr.DeStefano, 54, has
been employed by NIKE since 1982, with primary responsibilities in sales and
regional administration. Mr.DeStefano was appointed Director of Domestic
Sales in 1990, divisional Vice President in charge of domestic sales in 1992,
Vice President of Global Sales in 1996, Vice President and General Manager
of Asia Pacifi c in 1997, President of USA Operations in 2001, and President
of Global Operations in 2006.
• Trevor Edwards, Vice President, Global Brand and Category Management—
Mr.Edwards, 48, joined NIKE in 1992. He was appointed Marketing Manager,
Strategic Accounts, Foot Locker in 1993, Director of Marketing, the Americas
in 1995, Director of Marketing, Europe in 1997, Vice President, Marketing
for Europe, Middle East and Africa in 1999, and Vice President, U.S. Brand
Marketing in 2000. Mr.Edwards was appointed corporate Vice President,
Global Brand Management in 2002 and Vice President, Global Brand and
Category Management in 2006. Prior to NIKE, Mr.Edwards was with the
Colgate-Palmolive Company.
• Jeanne P. Jackson,President, Direct to Consumer— Ms.Jackson, 59,served
as a member of the NIKE,Inc. Board of Directors from 2001 through 2009,
when she resigned from our Board and was appointed President, Direct to
Consumer.She is founder and CEO of MSP Capital, a private investment
company. Ms.Jackson was CEO of Walmart.com from March2000 to
January2002. She was with Gap,Inc., as President and CEO of Banana
Republic from 1995 to 2000, also serving as CEO of Gap,Inc. Direct from 1998
to 2000. Since 1978, she has held various retail management positions with
Victoria’s Secret, The Walt Disney Company, Saks Fifth Avenue, and Federated
Department Stores. Ms.Jackson is the past President of the UnitedStates
Ski and Snowboard Foundation Board of Trustees, and is a director of
McDonald’s Corporation. She is a former director of Nordstrom,Inc., and
Harrah’s Entertainment,Inc.
• Hilary K. Krane, Vice President and General Counsel— Ms.Krane, 47,
joined NIKE as Vice Presidentand General Counsel in April2010. Prior to
joining NIKE, Ms.Krane was General Counsel and Senior Vice President
for Corporate Affairs at Levi Strauss& Co. where she was responsible for
legal affairs and overseeing the global brand protection department from
2006 to 2010.From 1996 to 2006, she was a partner and assistant general
counsel at PricewaterhouseCoopers LLP.
• Bernard F. Pliska, Vice President, Corporate Controller— Mr.Pliska, 49,
joined NIKE as Corporate Controller in 1995. He was appointed Vice President,
Corporate Controller in 2003. Prior to NIKE, Mr.Pliska was with Price
Waterhouse from 1984 to 1995. Mr.Pliska is a certifi ed public accountant.
• John F. Slusher, Vice President, Global Sports Marketing— Mr.Slusher,
42, has been employed by NIKE since 1998 with primary responsibilities
in global sports marketing. Mr.Slusher was appointed Director of Sports
Marketing for the Asia Pacifi c and Americas Regions in 2006, divisional Vice
President, Asia Pacifi c& Americas Sports Marketing in September2007
and Vice President, Global Sports Marketing in November2007. Prior to
joining NIKE, Mr.Slusher was an attorney at the law fi rm of O’Melveny&
Myers from 1995 to 1998.
• Eric D. Sprunk, Vice President, Merchandising and Product— Mr.Sprunk, 47,
joined NIKE in 1993. He was appointed Finance Director and General Manager
of the Americas in 1994, Finance Director, NIKE Europe in 1995, Regional
General Manager, NIKE Europe Footwear in 1998, and VicePresident&
General Manager of the Americas in 2000. Mr.Sprunk was appointed
corporate Vice President, Global Footwear in 2001 and Vice President,
Merchandising and Product in 2009. Prior to joining NIKE, Mr.Sprunk was
a certifi ed public accountant with Price Waterhouse from 1987 to 1993.
•Hans van Alebeek, Vice President, Global Operationsand Technology—
Mr.van Alebeek, 45, joined NIKE as Director of Operations of Europe in
1999, and was appointed Vice President, Operations& Administration in
EMEA in 2001, Vice President, Global Operations in 2003, Vice President,
Global Operations& Technology in 2004, and Corporate Vice President
in November2005. Prior to joining NIKE, Mr.van Alebeek worked for
McKinsey& Company as a management consultant and at N.V. Indivers in
business development.
• Roger S. Wyett, President, Affi liates— Mr.Wyett, 54, joined NIKE in
April2005 as President and Chief Operating Offi cer of the Company’s
Hurley brand and was appointed Vice President, Global Apparel in 2006.
In October2007, Mr.Wyett returned to the Company’s Hurley brand as
President and Chief Executive Offi cer, and then in February2011 was
appointed President of Affi liates. Mr.Wyett fi rst joined NIKE in 1994, holding
a number of management positions in soccer and NIKE Team Sports. From
2000 to 2005, Mr.Wyett was employed by The Walt Disney Company
where he was Senior Vice President for Global Apparel, Accessories and
Footwear, and later promoted to Executive Vice President for Global Sales
and Marketing for Consumer Products.
ITEM1A Risk Factors
Special NoteRegarding Forward-Looking Statements
andAnalyst Reports
Certain written and oral statements, other than purely historical information,
including estimates, projections, statements relating to NIKE’s business plans,
objectives and expected operating results, and the assumptions upon which
those statements are based, made or incorporated by reference from time
to time by NIKE or its representatives in this report, other reports, fi lings with
the Securities and Exchange Commission, press releases, conferences, or
otherwise, are “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995 and Section21E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements include,
without limitation, any statement that may predict, forecast, indicate, or
imply future results, performance, or achievements, and may contain the
words “believe”, “anticipate”, “expect”, “estimate”, “project”, “will be”, “will
continue”, “will likely result”, or words or phrases of similar meaning. Forward-
looking statements involve risks and uncertainties which may cause actual
results to differ materially from the forward-looking statements. The risks and
uncertainties are detailed from time to time in reports fi led by NIKE with the
Securities and Exchange Commission, including Forms 8-K, 10-Q, and 10-
K, and include, among others, the following: international, national and local
general economic and market conditions; the size and growth of the overall
athletic footwear, apparel, and equipment markets; intense competition among
designers, marketers, distributors and sellers of athletic footwear, apparel, and
equipment for consumers and endorsers; demographic changes; changes in
consumer preferences; popularity of particular designs, categories of products,