[prior-sept-05/ Fashion News ASAP - Keep up to date with trendy Apparel Industry News ]

Nike / Wal-mart

From: ASAP


Nike, Inc. Chairman and CEO Philip H. Knight today announced the appointment of Jeanne P. Jackson, CEO of Walmart.com, to the company's 12-member board of directors.

Jackson, 50, joined Walmart.com in March of last year after having served as president and CEO of Banana Republic, a division of Gap Inc. She also led the Gap Inc. Direct division, which managed all non-store-related businesses including the Banana Republic Catalog and the Internet sites for all three Gap brands: Gap, Banana Republic and Old Navy. "We are fortunate to have someone with Jeanne's vast experience in apparel retailing, e-tailing, branding and merchandising join the Nike board," Knight said. "We look forward to her making many valuable contributions as we continue to grow our apparel and retail businesses globally." Before joining the Gap, Jackson developed an expertise in retail brands while working at Federated Department Stores, Saks Fifth Avenue, The Walt Disney Company and Victoria's Secret. She has been recognized among Business Week's "Top 25 Managers of the Year," profiled three times in Fortune's "The Fifty Most Powerful Women in American Business," and included in "America's Most Influential Women: 200 Legends, Leaders and Trailblazers" by Vanity Fair. Jackson, who also serves on the board of directors for the McDonald's Corporation, becomes Nike's second female board member, joining author and educator Dr. Jill Ker Conway, who has been a Nike board member since 1987. A native of Denver, CO, Jackson has a B.S. in finance from the University of Colorado at Boulder and an MBA from Harvard University's Graduate School of Business Administration. Nike, Inc., based in Beaverton, OR, is the world's leading designer and marketer of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.