Group 1 - Nike announced the resignation of Angela Dong as the head of Greater China, effective March 31, with Cathy Sparks appointed as the new Vice President and General Manager for the region [1] - Angela Dong joined Nike in 2005 and has held various leadership roles, including Global Vice President and General Manager for Greater China, and was promoted to Chairman and CEO for the region in October 2024 [1] - Cathy Sparks has been with Nike for 25 years, starting her career in retail at the Niketown store in Portland, and has held significant leadership positions in various global markets [1] Group 2 - Nike's transformation is entering a critical phase, with executives indicating that Greater China is still facing inventory clearance pressures [2] - The recent personnel changes align with Nike's global "Win Now" initiative, with the appointment of Cathy Sparks signaling a focus on channel optimization and recovery in terminal sales for Greater China [2] - Four regional heads, including the one for Greater China, will now report directly to the global CEO to accelerate the "Win Now" plan [2]