Nike (NKE) announces a management shakeup. Affiliates chief Roger Wyatt will now run the...


Nike (NKE) announces a management shakeup. Affiliates chief Roger Wyatt will now run the company's Action Sports businesses; current Action Sports chief Sandy Bodecker will now "work on special projects involving long-term product innovation;" and Converse head Jim Calhoun will now report directly to CEO Mark Parker. Nike views Action Sports as a key growth driver, and has been ramping its marketing efforts for the business.

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