Amid an internal review into inappropriate behavior within the world’s largest sports apparel company, Nike has announced that brand president Trevor Edwards will leave the company and retire in August. Edwards, who was a favorite to eventually succeed Mark Parker as CEO, has been with the company since 1992.
The sudden news of Edwards’ resignation after 26 years with Nike, came soon after a company-wide email was delivered that discussed the workplace behavior issues, per ESPN’s Darren Rovell.
“Over the past few weeks, we’ve become aware of reports occurring within our organization that do not reflect our core values of inclusivity, respect and empowerment at a time when we are accelerating our transition to the next stage of growth and advance of our culture,” Nike CEO and chairman Mark Parker said in the internal communication obtained by ESPN. “This disturbs and saddens me.”
A Nike spokesman also told FOX Business that “there have been no direct allegations of misconduct against Trevor Edwards.”
Edwards’ departure from the No. 2 role leaves Nike with a massive hole in its executive structure. As president, Edwards was responsible for managing Nike’s wholesale, retail and e-commerce sales around the world.
In a separate news release, Parker also announced that he plans to remain in his current role as CEO beyond 2020.