Top Nike exec resigns amid investigation into alleged improper behavior by employees (NKE)
Reuters/Beck Diefenbach
- Trevor Edwards, Nike's brand president, has resigned effective immediately.
- The resignation comes amid a probe by the company into alleged improper behavior at the company by employees, though the nature of the behavior is unclear.
- Edwards was seen as a possible successor to CEO Mark Parker.
Nike Inc's brand President Trevor Edwards has resigned immediately, the Wall Street Journal reported on Thursday, hours after the world's largest shoe maker said the executive would retire in August.
The Journal said the resignation was announced in an internal memo by Chief Executive Mark Parker that also cited reports Nike had received in recent weeks of "behavior occurring within our organization that do not reflect our core values of inclusivity, respect and empowerment."See the rest of the story at Business Insider
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