Sportsgear maker Nike has announced the surprise departure of top executive Trevor Edwards, who was considered a potential successor to the firm's CEO.
Without making any direct connection, a Nike spokeswoman told AFP there had been "conduct inconsistent with Nike's core values and against our code of conduct."
The spokeswoman said there were "no direct allegations of misconduct against Trevor Edwards," who carried the title "brand president."
The Wall Street Journal cited an internal memo in which CEO Mark Parker announced Edwards' departure and said the company had in recent weeks received reports of "behavior occurring within our organization that do not reflect our core values of inclusivity, respect and empowerment."
Nike's spokeswoman said Edwards' departure is in light of "a decision to realign our team to accelerate our business and evolve our culture."
Disclaimer: No Business Standard Journalist was involved in creation of this content