The Swoosh is probably on some bumpy ride as Vice President of Footwear , Greg Thompson , has left the company following the departures of Nike’s President Trevor Edwards and 4 more executives earlier this year. Report of allegations of inappropriate workplace behavior at the company led CEO Mark Parker to inform the team by the following letter :
“Team,
Over the past few weeks, we’ve become aware of reports of behavior occurring within our organization that do not reflect our core values of inclusivity, respect and empowerment at a time when we are accelerating our transition to the next stage of growth and advancing our culture. This disturbs and saddens me…
We are going to be doing a comprehensive review of our HR systems and practices along with elevating our complaint process for matter of respect issues. We will increase and invest more heavily in our diversity and inclusion teams and networks and additionally will immediately put in place an enhanced process to encourage our employees to speak up and make their voices heard…
Further I want to share with you that in light of my desire to accelerate change, I’ve made the decision to restructure my leadership team into a different alignment that will allow for closer management and a sharper focus on our culture…I also want to communicate that I am committed to serve as Chairman, President and CEO for Nike beyond 2020. Trevor Edwards has decided to resign as Nike Brand President and will retire in August. He will serve as an advisor to me until his retirement as we transition the organization.
I’d like to thank Nike for his significant contributions to Nike over the last 25 years. He has helped us grow and strengthen our brand on a global scale…”
What are your thoughts ?