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Nike, Inc.
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== '''Corporate Governance and Social Responsibility''' == === '''Senior Management''' === '''Mark G. Parker -''' ''Executive Chairman. Has been employed by NIKE since 1979 with primary responsibilities in product research, design and development, marketing, and brand management.'' '''John J. Donahoe II -''' ''President and Chief Executive Officer. Was appointed President and Chief Executive Officer in January 2020 and has been a director since 2014. He brings expertise in digital commerce, technology, and global strategy.'' '''Matthew Friend -''' ''Executive Vice President and Chief Financial Officer. Joined NIKE in 2009 and leads the Company's finance, demand & supply management, procurement, and global places & services organizations.'' '''Monique S. Matheson -''' ''Executive Vice President, Chief Human Resources Officer. Joined NIKE in 1998, with primary responsibilities in the human resources function.'' '''Ann M. Miller-''' ''Executive Vice President, Chief Legal Officer. Joined NIKE in 2007 and serves as EVP, Chief Legal Officer for NIKE, Inc. She oversees all legal, compliance, government & public affairs.'' '''Heidi O'Neill -''' ''President, Consumer, Brand & Product. Joined NIKE in 1998 and leads the integration of global Men's, Women's & Kids' consumer teams, the entire global product engine and global brand marketing and sports marketing to build deep storytelling, relationships, and engagement with the brand.'' '''Craig Williams -''' ''President, Geographies & Marketplace. Joined NIKE in 2019 and leads NIKE's four geographies and marketplace across the NIKE Direct and wholesale business. In addition, he leads the Supply Chain and Logistics organization.'' === '''Corporate Governance''' === '''Board of Directors:''' The members of the board possess substantial expertise in product development, marketing, e-commerce, and supply chain management. The CEO and Executive Chairman are distinct individuals, both of whom boast significant experience within the company and the industry at large. '''Senior Management:''' Like Nike's board of directors, the company's management (listed on the left) comprises seasoned professionals who possess the capability to harness their expertise to generate value. '''Audit & Finance Committee:''' The committee that helps oversee corporate accounting and reporting practices of the Company. '''Compensation Committee:''' The committee oversees executive compensation, assesses CEO performance, and manages talent development, succession planning, and workplace diversity for executive officers and senior management. '''Corporate Responsibility, Sustainability & Governance Committee:''' The committee Identify and propose qualified Board members, recommend director nominees, assess Corporate Governance Guidelines, ethical code, and governance documents, and provide recommendations on shareholder matters to enhance corporate governance quality and integrity. === '''Social Responsibility''' === Nike's extensive CSR policy encompasses detailed topics, emphasizing reputation management due to its direct-to-consumer model. The policy covers material sourcing, water management, taxes, and more, spotlighting its commitment to diverse aspects of social responsibility. The CSR framework is categorized into People (diversity, equality, inclusion, and community engagement), Planet (supply chain sustainability, carbon, waste, water, and chemistry), and Play (promoting physical activity and coach development). * '''People:''' Focused on diversity, equality, and community engagement, Nike's People section aligns with modern business practices. * '''Planet:''' Nike's comprehensive environmental efforts target carbon, waste, water, and chemistry. The firm strives to lower emissions, enhance material recycling, reduce freshwater use, and address chemical risks. * '''Play:''' Promoting active lifestyles and fostering friendships through sports, Nike's Play initiatives contribute to social welfare. Despite historic challenges, Nike commits to ambitious environmental goals by 2025, encompassing CO2 emissions, water use, chemicals, and waste. The firm's Cleaner Chemistry program underscores responsible chemical management. On the social front, Nike allocates pre-tax profits to community projects, encourages sport engagement through the Play scheme, and facilitates grassroots development through the Nike Community Impact Fund. However, challenges persist. Nike navigates potential conflicts in raw material sourcing, processing, and community impact. Stricter labor codes deter forced labor, but supply chain risks remain, necessitating continued vigilance to avoid reputational damage.
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