I think there's more trouble for NKE town and it's stock price. Looks like mgt is in disarray. This guy was only there 8 months. chumps like us covered and drove that dog up. I still own my Jan '99 puts though!!!!!
Tuesday May 5, 10:00 pm Eastern Time
Nike U.S. sports marketing director quits
SEATTLE, May 5 (Reuters) - Tom Fox, Nike Inc's director of U.S. sports marketing, has resigned ''to pursue other interests'' after just eight months on the job, the athletic apparel company said Tuesday.
Fox's resignation is effective May 15, company spokesman Lee Weinstein said.
He declined to comment on a report in The Oregonian that two other senior executives in the sports marketing division also planned to resign.
The Portland, Ore., newspaper reported that Rudy Chapa, vice president for international sports marketing, Ian Campbell, president of Nike Sports Entertainment, have told associates they are leaving the troubled company.
Several other senior executives also have left the Beaverton, Ore.-based company this year including chief financial officer Robert Falcone.
In March Nike announced plans to cut 1,600 jobs, or 7 percent of its work force, because of a downturn in sales, chiefly in the slumping U.S. and Asian markets.
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