Nike CFO Matt Friend is Stepping Down
Friend is leaving the Berm after more than 17 years, with the last six as EVP and CFO, and will be succeeded by Pfizer EVP and CFO Dave Denton effective Aug. 16, then separate from the company on Sep. 4. The sudden move comes as a surprise, as Friend has solidified his role as Elliott Hill’s #2 after several rounds of executive departures and responsibility assignments. In Dec., Friend was given oversight of Nike’s global sales organization and Nike Direct, while Hill took on the Swoosh’s four regional VPs/GMs as direct ... Log in to view full article.