Nike’s Donald Blair to retire as CFO
Nike has announced that its chief financial officer Donald Blair is to retire in October after 16 years with the business.
He will be succeeded by Andrew Campion who is currently Nike’s senior vice president for finance, strategy and investor relations.
Mark Parker, president and chief executive of Nike, said: “Don has been CFO for Nike during a tremendous period of growth for our company. Don has been instrumental in shaping our long-term financial strategy and helping us deliver significant value for our shareholders over the last 16 years.”
Campion joined Nike in 2007 as the vice president of global planning and development and then moved to the role of CFO for the Nike Brand. In 2014, he was promoted to SVP of finance, strategy and investor relations but also retained his Nike Brand CFO responsibilities.
Prior to Nike, Campion worked with the Walt Disney Company in a number of finance leadership roles.
Parker added: “I have worked closely with Andy over the last eight years as he has led corporate strategic planning, served as CFO for our flagship NIKE brand, and most recently as the head of finance, strategy and IR. We have a strong business plan in place and we look forward to Andy’s leadership in guiding our financial strategy as we continue to drive profitable growth in our business worldwide.”
