NIKE, Inc. (NYSE:NKE) announced today that company founder and Chairman Bob Hurley will assume the interim CEO role at Hurley International, LLC, replacing Michael Egeck who has decided to leave the company. Hurley will work closely with Roger Wyett, President of NIKE, Inc. Affiliates, and a former CEO of Hurley, during the transition.
"I'd like to thank Michael for his work during his time with the brand. Hurley continues to be an important part of the NIKE, Inc. portfolio as a deeply authentic and innovative surf brand, and serves as a key component of our integrated action sports strategy alongside the NIKE Brand and Converse," said Wyett.
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 subsidiaries include Cole Haan, which designs, markets and distributes luxury shoes, handbags, accessories and coats; Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories; Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories; and Umbro International Limited, which designs, distributes and licenses athletic and casual footwear, apparel and equipment, primarily for global football (soccer). For more information, visit
www.nikeinc.com and follow @Nike.