Nike appoints two new board members

Nike Inc. announced Wednesday the appointment of Mónica Gil and Bob Swan to its board of directors, effective immediately.

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. Gil also launched Telemundo’s women leadership programs and developed the Telemundo Academy to support the next generation of media leaders.

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 and served as CFO of Ebay, leading the spin-off of PayPal in 2015. Earlier in his career, he was CFO of Electronic Data Systems and TRW, and served as CFO, COO, and CEO of Webvan.

“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.

Nike appoints two new board members

See also