secwatch / observer

NIKE, Inc. — fact timeline

Source-grounded facts extracted from NIKE, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NKE NIKE, Inc. JSON

Matthew Friend departed as Executive Vice President and Chief Financial Officer at NIKE, Inc..

“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”

David Denton was appointed as Executive Vice President and Chief Financial Officer at NIKE, Inc..

“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”

John W. Rogers, Jr. retired as Director at NIKE, Inc..

“On June 15, 2026, John W. Rogers, Jr. notified NIKE, Inc. (the “Company”) of his decision to retire as a member of the Board of Directors of the Company (the “Board”), effective as of the Company’s 2026 annual meeting of shareholders (the “2026 Annual Meeting”).”
Earnings Releases

NIKE, Inc. reported financial results for the fiscal quarter ended February 28, 2026.

“Today NIKE, Inc. issued a press release disclosing financial results for the fiscal quarter ended February 28, 2026.”
Debt Financings

NIKE, Inc. incurred revolving credit of up to $1 billion with Bank of America, N.A. (as administrative agent) and other lenders at Term SOFR plus an applicable margin of 0.595% maturing March 5, 2027.

“N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”). The 364‐Day Credit Agreement provides for up to $1 billion of borrowings pursuant to a 364-day unsecured revolving credit facility (the “364‐Day Credit Facility”), which is available for working capital and general corporate purposes,”
Material Agreements

NIKE, Inc. terminated Prior 364‐Day Credit Agreement with the banks, financial institutions and other lenders signatory thereto valued at up to $1.0 billion (effective 2026-03-06).

“On March 6, 2026, concurrently with the Company’s entry into the 364-Day Credit Agreement described in Item 1.01 hereof, the Company terminated the existing Credit Agreement dated March 7, 2025, which provided for up to $1.0 billion of borrowings in U.S. Dollars pursuant to a 364‐day unsecured revolving credit facility, with the banks, financial institutions and other lenders signatory thereto (the “Prior 364‐Day Credit Agreement”).”
Material Agreements

NIKE, Inc. entered into 364‐Day Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders valued at up to $1 billion (effective 2026-03-06).

“On March 6, 2026, NIKE, Inc. (the “Company”) entered into a 364-Day Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”). The 364‐Day Credit Agreement provides for up to $1 billion of borrowings”
Restructurings & Charges

NIKE, Inc. announced a restructuring with charges of pre-tax charges of approximately $300 million (primarily associated with employee severance costs).

“On February 27, the Company’s management approved a plan to implement certain organizational changes, which together with previously approved actions, are expected to result in pre-tax charges of approximately $300 million for the nine months ended February 28, 2026, primarily associated with employee severance costs”

Cathleen Benko departed as member of the Board of Directors at NIKE, Inc..

“On June 13, 2025, Cathleen Benko notified NIKE, Inc. (the “Company”) of her decision to retire as a member of the Board of Directors of the Company (the “Board”) effective as of the Company’s 2025 annual meeting of shareholders (the “2025 Annual Meeting”).”

Heidi O’Neill departed as President, Consumer, Product & Brand at NIKE, Inc..

“As a result of such role elimination, the Company and named executive officer Heidi O’Neill have agreed that, effective as of May 2, 2025 (the “Transition Date”), Ms. O’Neill will cease serving as President, Consumer, Product & Brand and remain a full-time non-executive employee through her separation from the Company on September 5, 2025 (the “Separation Date”).”
Debt Financings

NIKE, Inc. incurred revolving credit of up to $2 billion with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders at Term SOFR plus 0.10% plus an applicable margin maturing March 7, 2030.

“as administrative agent, and the other financial institutions named therein as lenders (the “Five Year Credit Agreement”). The Five Year Credit Agreement provides for up to $2 billion of borrowings pursuant to an unsecured revolving credit facility (the “Five Year Credit Facility”), which is available for working capital and general corporate purposes,”
Debt Financings

NIKE, Inc. incurred revolving credit of up to $1 billion with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders at Term SOFR plus 0.10% plus an applicable margin maturing March 6, 2026.

“N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”). The 364‐Day Credit Agreement provides for up to $1 billion of borrowings pursuant to a 364-day unsecured revolving credit facility (the “364‐Day Credit Facility”), which is available for working capital and general corporate purposes,”

John Donahoe departed as President and Chief Executive Officer at NIKE, Inc..

“John Donahoe will retire as the Company’s President and CEO and as a member of the Board.”

Elliott Hill was appointed as President and Chief Executive Officer at NIKE, Inc..

“the Board of Directors of the Company (the “Board”) has appointed Elliott Hill as President and Chief Executive Officer (“CEO”) of the Company”

Alan B. Graf, Jr. resigned as director at NIKE, Inc..

“On June 1, 2024, Alan B. Graf, Jr. notified NIKE, Inc. (the “Company”) of his decision to resign as a director of the Board of Directors of the Company (the “Board”) effective as of the date of the Company’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”).”
Earnings Releases

NIKE, Inc. reported financial results for the fiscal quarter ended February 29, 2024.

“Today NIKE, Inc. issued a press release disclosing financial results for the fiscal quarter ended February 29, 2024.”
Debt Financings

NIKE, Inc. incurred revolving credit of up to $1.0 billion of borrowings with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders at Term SOFR plus 0.10% plus an applicable margin maturing March 7, 2025.

“On March 8, 2024, NIKE, Inc. (the “Company”) entered into a Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”). The 364‐Day Credit Agreement provides for up to $1.0 billion of borrowings pursuant to a 364-day unsecured revolving credit facility”
Material Agreements

NIKE, Inc. terminated Prior 364‐Day Credit Agreement with the banks, financial institutions and other lenders signatory thereto valued at up to $1.0 billion (effective 2024-03-08).

“On March 8, 2024, concurrently with the Company’s entry into the 364-Day Credit Agreement described in Item 1.01 hereof, the Company terminated the existing Credit Agreement dated March 10, 2023, which provided for up to $1.0 billion of borrowings in U.S. Dollars pursuant to a 364‐day unsecured revolving credit facility, with the banks, financial institutions and other lenders signatory thereto (the “Prior 364‐Day Credit Agreement”).”
Material Agreements

NIKE, Inc. entered into 364‐Day Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders valued at up to $1.0 billion (effective 2024-03-08).

“On March 8, 2024, NIKE, Inc. (the “Company”) entered into a Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”).”
Earnings Releases

NIKE, Inc. reported financial results for fiscal quarter ended November 30, 2023.

“Today NIKE, Inc. (the “Company”) issued a press release disclosing financial results for the fiscal quarter ended November 30, 2023.”
Restructurings & Charges

NIKE, Inc. announced a restructuring with charges of approximately $400 million to $450 million affecting the organization.

“on December 21, 2023, the Audit and Finance Committee of the Board of Directors of the Company approved steps to streamline the organization, which are expected to result in restructuring charges of approximately $400 million to $450 million, primarily associated with employee severance costs”
Earnings Releases

NIKE, Inc. reported financial results for fiscal quarter ended August 31, 2023.

“Today NIKE, Inc. issued a press release disclosing financial results for the fiscal quarter ended August 31, 2023. The text of the release is furnished herewith as Exhibit 99.1.”
Shareholder Votes

NIKE, Inc. shareholders rejected Shareholder Proposal Regarding a Supply Chain Management Report at the 2023-09-12 meeting.

“Proposal 6 - Shareholder Proposal Regarding a Supply Chain Management Report Class A and Class B Common Stock Voting Together: For Against Abstain Broker Non-Votes 146,306,970 1,072,540,732 27,527,138 103,492,834”
Shareholder Votes

NIKE, Inc. shareholders rejected Shareholder Proposal Regarding Supplemental Pay Equity Disclosure at the 2023-09-12 meeting.

“Proposal 5 - Shareholder Proposal Regarding Supplemental Pay Equity Disclosure Class A and Class B Common Stock Voting Together: For Against Abstain Broker Non-Votes 361,740,247 859,393,513 25,241,080 103,492,834”
Shareholder Votes

NIKE, Inc. shareholders approved Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year ending May 31, 2024 at the 2023-09-12 meeting.

“Proposal 4 - Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year ending May 31, 2024 Class A and Class B Common Stock Voting Together: For Against Abstain Broker Non-Votes 1,297,350,783 50,624,149 1,892,742 0”
Shareholder Votes

NIKE, Inc. shareholders approved Advisory Vote on the Frequency of Advisory Votes on Executive Compensation at the 2023-09-12 meeting.

“Proposal 3 - Advisory Vote on the Frequency of Advisory Votes on Executive Compensation Class A and Class B Common Stock Voting Together: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 1,233,176,858 870,788 10,930,002 1,397,192 103,492,834”
Shareholder Votes

NIKE, Inc. shareholders approved Advisory Vote on Executive Compensation at the 2023-09-12 meeting.

“Proposal 2 - Advisory Vote on Executive Compensation Class A and Class B Common Stock Voting Together: For Against Abstain Broker Non-Votes 1,089,327,174 148,866,857 8,180,809 103,492,834”
Shareholder Votes

NIKE, Inc. shareholders approved Election of Directors at the 2023-09-12 meeting.

“Item 5.07. Submission of Matters to a Vote of Security Holders. NIKE, Inc. (the “Company”) held its annual meeting of shareholders virtually on Tuesday, September 12, 2023. The following matters were submitted to a vote of the shareholders, the results of which were as follows: Proposal 1 - Election of Directors Directors Elected by Holders of Class A Common Stock: Votes Cast For Votes Withheld Broker Non-Votes Timothy Cook 304,257,348 0 0 John Donahoe II 304,257,348 0 0 Thasunda Duckett 304,257,348 0 0 Mónica Gil 304,257,348 0 0 Maria Henry 304,257,348 0 0 Peter Henry 304,257,348 0 0 Travis Knight 304,257,348 0 0 Mark Parker 304,257,348 0 0 Michelle Peluso 304,257,348 0 0 Directors Elected by Holders of Class B Common Stock: Votes Cast For Votes Withheld Broker Non-Votes Cathleen Benko 907,607,839 34,509,653 103,492,834 Alan Graf, Jr. 888,901,743 53,215,749 103,492,834 John Rogers, Jr. 607,714,783 334,402,709 103,492,834 Robert Swan 924,512,343 17,605,149 103,492,834”
Earnings Releases

NIKE, Inc. reported financial results for fiscal quarter ended May 31, 2023.

“Today NIKE, Inc. issued a press release disclosing financial results for the fiscal quarter ended May 31, 2023.”

Matthew Friend changed role as EVP & Chief Financial Officer at NIKE, Inc..

“Matthew Friend, currently NIKE’s EVP & Chief Financial Officer, will assume expanded job responsibilities to include procurement, global places and services, and demand and supply management”

Andrew Campion changed role as Managing Director, Strategic Business Ventures at NIKE, Inc..

“Andrew Campion will become NIKE’s Managing Director, Strategic Business Ventures and cease serving as Chief Operating Officer”

Heidi O’Neill changed role as President, Consumer, Product & Brand at NIKE, Inc..

“Heidi O’Neill, currently NIKE’s President, Consumer and Marketplace, will become NIKE’s President, Consumer, Product & Brand”

Maria Henry was appointed as Director at NIKE, Inc..

“On May 4, 2023, the Board of Directors of NIKE, Inc. (the “Company”) appointed Maria Henry to serve as director of the Company, effective June 1, 2023.”
Earnings Releases

NIKE, Inc. reported financial results for the fiscal quarter ended February 28, 2023.

“Item 2.02 Results of Operations and Financial Condition Today NIKE, Inc. issued a press release disclosing financial results for the fiscal quarter ended February 28, 2023.”
Debt Financings

NIKE, Inc. incurred revolving credit of up to $1 billion with Bank of America, N.A. at Term SOFR plus 0.10% plus an applicable margin maturing March 8, 2024.

“N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”). The 364‐Day Credit Agreement provides for up to $1 billion of borrowings pursuant to a 364-day unsecured revolving credit facility (the “364‐Day Credit Facility”), which is available for working capital and general corporate purposes,”
Material Agreements

NIKE, Inc. terminated Prior 364-Day Credit Agreement with the banks, financial institutions and other lenders signatory thereto valued at up to $1.0 billion (effective 2023-03-10).

“On March 10, 2023, concurrently with the Company’s entry into the 364-Day Credit Agreement described in Item 1.01 hereof, the Company terminated the existing Credit Agreement dated March 11, 2022, which provided for up to $1.0 billion of borrowings in U.S. Dollars pursuant to a 364‐day unsecured revolving credit facility, with the banks, financial institutions and other lenders signatory thereto (the “Prior 364‐Day Credit Agreement”).”
Material Agreements

NIKE, Inc. entered into 364-Day Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders valued at up to $1 billion (effective 2023-03-10).

“On March 10, 2023, NIKE, Inc. (the “Company”) entered into a Credit Agreement with Bank of America, N.A., as administrative agent, and the other financial institutions named therein as lenders (the “364‐Day Credit Agreement”). The 364‐Day Credit Agreement provides for up to $1 billion of borrowings”
Earnings Releases

NIKE, Inc. reported financial results for the fiscal quarter ended November 30, 2022.

“Today NIKE, Inc. issued a press release disclosing financial results for the fiscal quarter ended November 30, 2022.”

Robert Swan was appointed as director at NIKE, Inc..

“the Board of Directors of NIKE, Inc. (the “Company”) appointed Mónica Gil and Robert Swan to serve as directors of the Company, effective immediately.”

Mónica Gil was appointed as director at NIKE, Inc..

“the Board of Directors of NIKE, Inc. (the “Company”) appointed Mónica Gil and Robert Swan to serve as directors of the Company, effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.