Nike announces leadership shuffle under new CEO

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Nike announces leadership shuffle under new CEO
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Nike taps Matthew Friend as CFO, names Andy Campion COO in leadership shuffle

Nike announced leadership changes that include a new chief operating officer and chief financial officer.

Heidi O'Neill, president of Nike Direct, will become president of consumer and marketplace also effective April 1, succeeding Elliott Hill, who will leave Nike.Dhiraj Singh | Bloomberg | Getty Imagesannounced leadership changes Tuesday that include a new chief operating officer and chief financial officer.

Nike stock rose less than 1% after hours on the news. Nike has a market value of nearly $159 billion, and its stock has gained more than 19% over the past year.

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