Second Nike exec steps down amid workplace behavior investigation

AAlan Diaz  P

AAlan Diaz P

Nike Brand President Trevor Edwards and VP Jayme Martin resigned on Thursday - the same day that Nike sent a company-wide email to employees addressing workplace conditions and how to "evolve" company culture.

A second Nike executive is leaving the the company in the wake of complaints about inappropriate behavior at the sneaker giant, The Wall Street Journal reported Friday.

Parker's memo did not specifically say that any allegations were directed at Edwards, and a spokesman for Nike told the Journal that no allegations were made against Edwards, before refusing to go into details. "This has been a very hard time", he wrote, according to the Journal.

"These are the orchestra conductors at Nike", he said of Edwards and Martin.

Nike representatives did not immediately respond to FOX Business' request for comment on the circumstances of Martin's departure.

SPORTSGEAR maker Nike yesterday announced the surprise departure of top executive Trevor Edwards, who was considered a potential successor to the firm's chief executive. In the new structure, Nike adde, both Hill and Spillane will report directly to Mark Parker.

In a company statement Thursday, Nike said Parker will remain as CEO and chairman, as well as take on the role of president "beyond 2020" - apparently disrupting initial CEO succession plans for the athletic behemoth. He is credited with championing Nike's push into fitness tracking. His previous stint was with Colgate Palmolive.

Former President of Nike Geographies Elliott Hill will become president of Nike's consumer and marketplace segment, reporting to Parker, who will stay on as chairman, president and CEO beyond 2020.

"Abrupt changes of this nature are rarely good in the short term", said Sam Poser, an analyst with Susquehanna Financial Group, who added that Nike was known for developing and training employees. He joined as a regional salesman in 1988.

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