AGENDA: Video recaps, 2015 show dates, "Love Made Me Do It" women's networking series on Wednesday.
STOKES ME: Deadline today to enter SIMA Humanitarian Fund's Bowl-a-thon fundraiser.
Details on Industry Insight.
New Hurley CEO Jim Calhoun started the job May 2. However, Nike announced today an executive shuffling among its affiliate companies and Calhoun will now become CEO of Converse.
The CEO of Converse, Michael Spillane, will become CEO of Umbro.
The Umbro CEO will retire.
Roger Wyett, president of Nike Affiliates and the former CEO of Hurley, will serve as interim CEO of Hurley while Nike searches for a replacement for Calhoun.
Here is the press release:
NIKE, Inc. Announces Leadership Changes at Umbro, Converse and Hurley
BEAVERTON, Ore., May 19, 2011 (BUSINESS WIRE) --
NIKE, Inc. (NYSE:NKE) announced today that Michael Spillane, currently CEO of Converse, will become CEO and President of Umbro and Jim Calhoun, currently CEO of Hurley, will become CEO and President of Converse. Both Michael and Jim will continue to report to NIKE, Inc. President of Affiliates, Roger Wyett. Jim Allaker, CEO and President of Umbro, will retire.
Roger Wyett, President of Nike Affiliates, at the Shop-eat-surf Executive Roundtable. Shop-eat-surf file photo.
"We are very excited that Michael, a seasoned industry veteran, will now take the helm at Umbro. Michael has demonstrated strong success at Converse and we are confident he will bring the same passion, commitment and clarity of vision to Umbro," said Roger Wyett.
"In addition, Jim Calhoun's brand expertise and global experience will be instrumental in driving continued growth at Converse."
"We would like to thank Jim Allaker for his significant contribution to both the Nike brand and Umbro as he retires from NIKE, Inc. after 23 years," continued Roger Wyett.
Spillane brings more than 25 years of management experience in the apparel and textile industries to Umbro. Spillane joined Converse in 2007 as President of North America Footwear.
In less than a year, he was asked to lead growth around the apparel business, as President, North America and Global Product. Previously Spillane held CEO positions at Polartec and Malden Mills as well as senior positions at Tommy Hilfiger and Jockey.
Calhoun joined Nike from Levi Strauss & Company, where he had worked since 2008 as Executive Vice President & President of the Dockers Brand.
Before joining Levi Strauss, Calhoun was with The Walt Disney Company for more than nine years in a variety of senior roles, most recently as Executive Vice President & General Manager for Disney Consumer Products for North and Latin America. Prior to The Walt Disney Company, Calhoun worked with Nike where he served in a leadership role driving growth for Nike's basketball business.
Wyett will serve as interim CEO of Hurley as NIKE, Inc. moves to name a successor.
NIKE, Inc. based near Beaverton, Oregon is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.
Wholly-owned Nike subsidiaries include Cole Haan, which designs, markets and distributes luxury shoes, handbags, accessories and coats; Converse Inc. which designs, markets and distributes athletic footwear, apparel and accessories; Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories; and Umbro Ltd, a leading United Kingdom-based global football (soccer) brand.
For more information on Nike, visit www.nikebiz.com.