Nike Names New CEO Of Converse Brand

Stock quotes in this article: NKE  

BEAVERTON, Ore. (AP) — Athletic footwear and apparel maker Nike Inc. said Monday the CEO of its Converse brand will leave at the end of the year.

Michael Spillane will replace Jack Boys.

Spillane joined Converse in 2007 as president of North American footwear before becoming president of North America and global product. He was previously chief executive at Polartec and Malden Mills.

Boys had been CEO since 2001.

Shares rose 17 cents to $63.76 during morning trading.

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