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NIKE, Inc. Announces New Global Chief Digital Information Officer

BEAVERTON, Ore.--(BUSINESS WIRE)--

NIKE, Inc. (NKE) today announced that Ratnakar Lavu will become the company’s first Global Chief Digital Information Officer, effective June 17. He will report to Eric Sprunk, Nike Chief Operating Officer.

Lavu will lead all of Nike’s global technology functions across the enterprise with responsibility for accelerating new digital capabilities for Nike.

“Moving at the speed of the consumer requires sharpening our ability to sense and serve. Ratnakar’s 20-year track record in building seamless consumer experiences and leading teams through dynamic, digital transformations will further accelerate our growth,” said Sprunk.

Lavu most recently was the Chief Technology and Information Officer at Kohl’s, where he led all of IT, digital and consumer technology. Prior to joining Kohl’s, Lavu was Chief Technology Officer at Redbox.

About NIKE, Inc.

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, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available at http://investors.nike.com. Individuals can also visit http://news.nike.com/ and follow @Nike.

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