8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):		March 15, 2018
NIKE, Inc.
(Exact name of registrant as specified in charter)
OREGON	1-10635	93-0584541
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
ONE BOWERMAN DRIVE BEAVERTON, OR		97005-6453
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code:		(503) 671-6453
NO CHANGE
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

r Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

r Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

r Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

r Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

NIKE, Inc. (the “Company”) today announced that Trevor Edwards has decided to resign from his position as President, NIKE Brand, effective immediately. He will retire from the Company on August 10, 2018. Upon the end of his employment with the Company, Mr. Edwards will be subject to the terms and conditions applicable to resignations as set forth in his Covenant Not to Compete and Non-Disclosure Agreement, which is described in the Company’s most recently filed proxy statement, and execution of a standard release of claims in respect of equity awards scheduled to vest and cash awards earned prior to his departure. A copy of the press release the Company issued regarding its leadership is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

The following exhibit is furnished with this Form 8-K:

Exhibit No.	Exhibit
99.1	NIKE, Inc. Press Release dated March 15, 2018

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NIKE, Inc. (Registrant)
Date: March 15, 2018	By:	/s/   Hilary K. Krane
		Hilary K. Krane
		EVP, Chief Administrative Officer & General Counsel

EX-99.1

Investor Contact:	Media Contact:
Nitesh Sharan	Ilana Finley
(503) 532-2828	(212) 367-4447
	Greg Rossiter
	(503) 671-2682

Nike, Inc. Announces that Mark Parker will continue as Chairman, President and CEO beyond 2020

-- Trevor Edwards, Nike Brand President, to retire from Nike

Beaverton, Ore., March 15, 2018 - NIKE, Inc. (NYSE: NKE) today announced that Mark Parker will remain as Chairman, President and CEO beyond 2020 and Elliott Hill, former President of Nike Geographies, will take on the new role as President of Consumer and Marketplace. In this role, he will be responsible for Marketing, Geographies, Nike Direct and Global Sales. Michael Spillane will continue to lead all Categories, Design, Product and Merchandising. In the new structure, both Hill and Spillane will report directly to Mark Parker. Trevor Edwards, Nike Brand President, has decided to retire from Nike in August. He will now serve as an advisor to Mark Parker until his retirement as Nike transitions its organization.

“I’d like to thank Trevor for the important role he has played for 25 years and for his significant contributions. He has helped us grow and strengthen our brand on a global scale. I am committed to stay in my role as Chairman, President and CEO beyond 2020. Trevor has decided to retire,” said Mark Parker. “We are fortunate to have a strong management team in place who is well suited to drive our next stage of growth and to steward and evolve our culture in the future.”

About NIKE, Inc.

NIKE, Inc., based near Beaverton, Ore., is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly owned NIKE, Inc. subsidiaries include Converse Inc., which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley International LLC, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. For more information, Nike’s earnings releases and other financial information are available at http://investors.nike.com. Individuals can also visit http://news.nike.com/ and follow @Nike.

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