Craig Williams, Former Jordan Brand President, Out At Nike

Core Insights - A corporate restructuring at Nike has led to the departure of EVP and Chief Commercial Officer Craig Williams, aimed at streamlining operations and enhancing connections with athletes and the marketplace [1][3] Group 1: Corporate Changes - Craig Williams has been removed from his role as EVP and Chief Commercial Officer, a position that is being eliminated as part of the company's strategy to reduce layers within the organization [1][3] - Elliot Hill, the president and CEO of Nike, expressed gratitude for Williams' contributions to the marketplace strategy and leadership of the Jordan Brand during his tenure [3] Group 2: Background of Craig Williams - Williams joined Nike in January 2019 and previously served as president of the Jordan Brand before transitioning to president of Geographies & Marketplace [2] - Prior to his time at Nike, Williams held significant roles at The Coca-Cola Company and Kraft Foods Inc., focusing on brand management and global marketing [2] - He holds an MBA from Northwestern University and a bachelor's degree in physics from Benedict College, and is currently a board member at Capital One [4]