Four more Nike executives exit as harassment inquiry continues

Image
Reuters
Last Updated : May 08 2018 | 10:25 PM IST

(Reuters) - Nike Inc said on Tuesday four senior executives were leaving the company as the sportswear maker continues a far-reaching investigation into workplace harassment.

Nike has seen a slew of senior executives exit, including president of its namesake brand, Trevor Edwards, since the probe was launched in March.

Chief Executive Officer Mark Parker last week apologized to employees in a company-wide town hall for its past work culture and promised to complete the investigation this week.

The latest exits were first reported by the New York Times, which said 10 top executives have now left since the probe started.

Asked to confirm the names of the executives and the reasons for their departure, Nike declined to comment.

(Reporting by Aishwarya Venugopal and Nivedita Balu in Bengaluru; Editing by Sriraj Kalluvila)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 08 2018 | 10:18 PM IST

Next Story