Hilary Krane Named General Counsel
March 03, 2010
BEAVERTON, Ore. (March 4, 2010) – NIKE, Inc. (NYSE:NKE) today announced that Hilary Krane is joining the company as Vice President and General Counsel, reporting to company CEO Mark Parker.
Krane, 46, joins Nike from Levi Strauss & Company, where she had worked since 2006 as Executive Vice President, General Counsel and Corporate Affairs. Krane brings global experience in corporate governance, securities, mergers and acquisitions, brand protection and government affairs. Before joining Levi Strauss, Krane was Partner and Assistant General Counsel for PricewaterhouseCoopers.
“Hilary’s broad experience will be a great asset to Nike as we continue to grow our business globally,” said Mark Parker, President and CEO of NIKE, Inc.. “I look forward to having her as a member of my senior team.”
Krane graduated from Stanford University in 1986 with a Bachelor of Arts degree and received her law degree from The University of Chicago Law School in 1989.
She succeeds long-time Nike General Counsel, Jim Carter, who is retiring after 12 years with Nike. Carter joined Nike in 1998 and has served as the company’s General Counsel since 2002.
“Jim has been a tremendous contributor to Nike’s success over the years and a very important member of the Nike senior management team,” Parker said. “We’ll miss him and wish him well.”
About NIKE, Inc. NIKE, Inc. based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned Nike subsidiaries include Cole Haan, which designs, markets and distributes luxury shoes, handbags, accessories and coats; Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories; Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories; and Umbro Ltd., a leading United Kingdom-based global football (soccer) brand. For more information, visit www.nikeinc.com.