Nike’s long-serving CFO steps down

16/02/2015
Donald Blair, executive vice-president and chief financial officer at Nike, will step down from the role in October.

He will be succeeded by Andrew Campion, vice-president of finance, strategy and investor relations.
“Don has been CFO for Nike during a tremendous period of growth for our company,” said CEO Mark Parker. “He has been instrumental in shaping our long-term financial strategy and helping us deliver significant value for our shareholders over the last 16 years. I have personally appreciated his thoughtful guidance, his global perspective and his wisdom.”

Blair has served as Nike’s CFO since 1999, with responsibility for strategy, investor relations and finance, including controllership, business and financial planning, treasury, tax, and internal audit.

During his tenure, the group’s revenue has more than tripled and earnings per share have increased sixfold.