Nike appoints two new board members

Nike appoints two new board members

Nike


J Balvin

A media veteran, Gil is chief administrative and marketing officer of NBCUniversal Telemundo Enterprises. In this role, she ​leads the company’s brand development, digital marketing, and multichannel creative efforts, and has overseen numerous marketing and brand campaigns across Telemundo’s broadcast, cable, and digital properties, including Telemundo’s broadcast of the 2018 FIFA World Cup

Prior to this, she served in several leadership roles at Nielsen.

​Swan is an operating partner at Andreessen Horowitz and former CEO of Intel Corporation, where he advises growth-stage portfolio companies in scaling their business. Prior to joining the firm, he was CEO of Intel.

Previously, Swan was an operating partner at General Atlantic

​“Mónica and Bob’s collective leadership in business operations, innovation, marketing, branding and media make them outstanding additions to our board,” said Mark Parker, executive chairman of Nike Inc.

“We’re excited to bring on their expertise and perspectives as we continue to accelerate our strategy to create value through a relentless drive to serve the future of sport.”

In its most recent trading update, Nike reported fourth-quarter revenue of $12.23 billion, beating estimates of $12.06 billion, according to IBES data from Refinitiv. However, net income fell to $1.44 billion, or 90 cents per share, in the quarter ended May 31, from $1.51 billion, or 93 cents per share, a year earlier.

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