8-KLeadership ChangesOther Events

NIKE, Inc. 8-K Report, Executive Changes (Sep 25, 2008)

Filed September 25, 2008For Securities:NKE

Summary

This 8-K filing from NIKE, Inc. (NKE) primarily announces two key events: the appointment of Bernard F. Pliska as the Principal Accounting Officer and the results of the company's annual shareholder meeting held on September 22, 2008. Mr. Pliska, a long-time employee and CPA, brings significant accounting experience to this crucial role. The shareholder meeting saw the re-election of all incumbent directors, with strong support from both Class A and Class B shareholders, indicating continued confidence in the board's leadership.

Key Highlights

  • 1Bernard F. Pliska appointed as NIKE's Principal Accounting Officer, effective September 21, 2008.
  • 2Mr. Pliska has a long tenure at NIKE, joining in 1995 and holding various senior accounting roles, including Corporate Controller and VP, Corporate Controller.
  • 3All incumbent directors were re-elected to the Board of Directors at the annual shareholder meeting.
  • 4The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2009 was ratified by shareholders.
  • 5Shareholders demonstrated strong support for the re-election of directors and the ratification of the independent auditor.
  • 6The Class A Common Stock votes for director elections were unanimous in favor.

Frequently Asked Questions

Bernard F. Pliska has been appointed as NIKE's Principal Accounting Officer, effective September 21, 2008. He has been with NIKE since 1995 and is a certified public accountant.

The main outcomes were the re-election of all incumbent directors and the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for fiscal year 2009. Both proposals received strong shareholder support.

No, the shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2009, indicating continuity in their auditing relationship.

The re-election of all directors by a substantial majority of votes indicates that shareholders have confidence in the current leadership and governance of NIKE, Inc.