---
schema_version: "secwatch.filing_event.v1"
accession: "0000320187-26-000070"
form_type: "8-K"
ticker: "NKE"
cik: "0000320187"
company_name: "NIKE, Inc."
filed_at: "2026-06-23T20:24:58+00:00"
generated_at: "2026-06-23T20:26:20.321328+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NIKE names David Denton as new CFO; Q4 results expected in line, with tariff refund benefit

## Summary
- David Denton (former Pfizer CFO) named EVP and CFO effective Aug 17, 2026.
- Matthew Friend to step down as CFO on Aug 17, remain as advisor through Sep 4, 2026.
- Denton's compensation: $1.45M base salary, 120% target bonus, $11.5M LTI, plus one-time cash awards totaling $11.25M.
- NIKE's Q4 FY2026 results expected generally in line with prior guidance, including a one-time benefit from tariff refunds.
- Board adopted new Executive Severance Plan for Compensation Grade 70+ employees, providing up to 2x pay for CEO and 1.5x for others on qualifying termination.

## SEC filing metadata
- accession: 0000320187-26-000070
- form_type: 8-K
- ticker: NKE
- cik: 0000320187
- company_name: NIKE, Inc.
- filed_at: 2026-06-23T20:24:58+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320187/000032018726000070/0000320187-26-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320187/000032018726000070/nke-20260616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320187-26-000070
- JSON: https://secwatch.observer/filing/0000320187-26-000070.json
- Plain text: https://secwatch.observer/filing/0000320187-26-000070.txt

## Key facts
- Executive change
  David Denton was appointed as Executive Vice President and Chief Financial Officer at NIKE, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On June 23, 2026, the Company announced the appointment of David Denton as Executive Vice President and Chief Financial Officer (“CFO”), effective as of August 16, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/320187/000032018726000070/0000320187-26-000070-index.htm
- Executive change
  Matthew Friend departed as Executive Vice President and Chief Financial Officer at NIKE, Inc..
  - Action: ceased serving
  - Role: Executive Vice President and Chief Financial Officer
  source text: On June 23, 2026, the Company also announced that, as of the Effective Date, Matthew Friend will cease serving as Executive Vice President and CFO and begin serving as an advisor to the Chief Executive Officer of the Company and remain a full-time non-executive employee of the Company in that role through his separation from the Company on September 4, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/320187/000032018726000070/0000320187-26-000070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.