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Nike logoNike NKE

The company said Alan B. Graf, Jr. notified it on June 1, 2024 of his decision to resign from the Board, effective as of the 2024 Annual Meeting.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Alan B. Graf, Jr. notified it on June 1, 2024 of his decision to resign from the Board, effective as of the 2024 Annual Meeting.

  2. NIKE said Mr. Graf will not stand for re-election at the 2024 Annual Meeting, and that in connection with his retirement the Board will be reduced to twelve directors effective as of that annual meeting.

  3. The company said Mr. Graf's decision to resign is not because of any disagreement with the company or the Board on any matter relating to its operations, policies or practices.

  4. Nike said Executive Chairman Mark Parker expressed gratitude for Mr. Graf's dedicated service and countless contributions over the past 22 years.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Alan B. Graf, Jr. Notifies Board Resignation

The company said Alan B. Graf, Jr. notified it on June 1, 2024 of his decision to resign from the Board, effective as of the 2024 Annual Meeting.

Source · Based on the filing body and exhibits

Not Standing for Re-election at 2024 Annual Meeting; Board Size

NIKE said Mr. Graf will not stand for re-election at the 2024 Annual Meeting, and that in connection with his retirement the Board will be reduced to twelve directors effective as of that annual meeting.

Source · Based on the filing body and exhibits

Company Explanation for Resignation

The company said Mr. Graf's decision to resign is not because of any disagreement with the company or the Board on any matter relating to its operations, policies or practices.

Source · Based on the filing body and exhibits

Mark Parker, Executive Chairman, Expresses Appreciation

Nike said Executive Chairman Mark Parker expressed gratitude for Mr. Graf's dedicated service and countless contributions over the past 22 years.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.