NIKE adds Alexandre Arnault to 12-member board
NIKE adds Alexandre Arnault to its expanded 12-member board and grants him $200,000 in restricted stock as a sign-on award.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) expanded its Board of Directors to twelve members and appointed Alexandre Arnault as a director, effective September 15, 2026, for a term expiring at the 2027 annual meeting of shareholders. Arnault, age 34, is Deputy Chief Executive Officer of Moët Hennessy, LVMH’s wines and spirits division, and serves on LVMH’s board. He brings prior senior leadership experience at Tiffany & Co. and RIMOWA and has held board roles at Birkenstock Holding plc, Carrefour SA, and Moncler S.p.A. NIKE states there are no related-party arrangements or family relationships involving Arnault requiring disclosure. He will participate in NIKE’s standard director compensation program and received a sign-on grant of restricted Class B shares valued at $200,000, which are subject to forfeiture if his board service ends before the first anniversary of the grant. NIKE also furnished a press release announcing his appointment.
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Board size after appointment: 12 directors
Sign-on restricted stock value: $200,000
Director age: 34 years
+2 more
5 metrics
Board size after appointment
12 directors
Board size increased when Alexandre Arnault was appointed on September 15, 2026
Sign-on restricted stock value
$200,000
Value of restricted Class B shares granted to Alexandre Arnault on September 15, 2026
Director age
34 years
Age of Alexandre Arnault at the time of his appointment to NIKE’s board
Grant forfeiture period
1 year
Restricted shares are forfeitable if his service ends before the first anniversary of the grant
Press release date
September 16, 2026
Date NIKE announced Alexandre Arnault’s appointment in a press release
Key Terms
restricted shares, Regulation FD, Item 404(a) of Regulation S-K, director compensation program
4 terms
Regulation FD regulatory
"Item 7.01. Regulation FD Disclosure The Company issued a press release"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
Item 404(a) of Regulation S-K regulatory
"material interest subject to disclosure under Item 404(a) of Regulation S-K"
director compensation program financial
"participate in the Company’s standard director compensation program"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did NIKE (NKE) announce on September 15, 2026?
NIKE’s Board of Directors increased in size to twelve members and appointed Alexandre Arnault as a director, effective immediately, for an initial term expiring at the Company’s 2027 annual meeting of shareholders.
Who is Alexandre Arnault, the new NIKE (NKE) director?
Alexandre Arnault, 34, is Deputy CEO of Moët Hennessy, LVMH’s wines and spirits division, and a member of LVMH’s board. He previously held senior roles at Tiffany & Co. and served as CEO of RIMOWA, with prior board service at Birkenstock, Carrefour and Moncler.
What compensation is NIKE (NKE) providing to Alexandre Arnault for joining the board?
Under NIKE’s standard director compensation program, Alexandre Arnault received a sign-on award of restricted Class B shares valued at $200,000 on September 15, 2026. These shares are forfeitable if his service as a director ends before the first anniversary of the grant.
Did NIKE (NKE) issue a press release about Alexandre Arnault’s appointment?
Yes. NIKE issued a press release on September 16, 2026 announcing Alexandre Arnault’s appointment to the Board. The release is furnished as Exhibit 99.1 and is provided under Item 7.01 Regulation FD Disclosure, meaning it is furnished, not filed, for Exchange Act purposes.
Will Alexandre Arnault receive standard director pay at NIKE (NKE)?
Yes. NIKE states he will participate in the Company’s standard director compensation program, described in the “Corporate Governance–Director Compensation for Fiscal 2026” section of NIKE’s 2026 proxy statement filed on July 15, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On September 15, 2026, the Board of Directors (the “Board”) of NIKE, Inc. (the “Company”) increased the size of the Board to twelve directors and appointed Alexandre Arnault as a director of the Company, effective immediately, for an initial term expiring at the Company’s 2027 annual meeting of shareholders. Committee assignments for Mr. Arnault have not yet been determined.
Alexandre Arnault, 34, has been the Deputy Chief Executive Officer of Moët Hennessy, the wines and spirits division of LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), since February 2025, and has served on the board of directors of LVMH since April 2024. Mr. Arnault previously served as the Executive Vice President of Products and Communications at Tiffany & Co. from January 2021 until February 2025, where he developed and implemented the company’s communications and products strategy. He also served as Chief Executive Officer of RIMOWA from October 2016 to December 2020. In addition to his roles at LVMH, Mr. Arnault previously served on the boards of directors of Birkenstock Holding plc, Carrefour SA, and Moncler S.p.A.
There are no arrangements or understandings between Mr. Arnault and any other person pursuant to which Mr. Arnault was selected as a director, and no family relationships exist between Mr. Arnault and any director or executive officer of the Company. Mr. Arnault is not a party to any transaction to which the Company is or was a participant and in which Mr. Arnault has a direct or indirect material interest subject to disclosure under Item 404(a) of Regulation S-K.
Mr. Arnault will participate in the Company’s standard director compensation program, which is described in “Corporate Governance-Director Compensation for Fiscal 2026” in the Company’s proxy statement for its 2026 annual meeting of shareholders (filed with the Securities and Exchange Commission on July 15, 2026) (the “Director Compensation Program”). Pursuant to the Director Compensation Program, on September 15, 2026, Mr. Arnault was granted a sign-on award of restricted shares of the Company’s Class B Common Stock valued at $200,000. These shares are subject to forfeiture in the event that Mr. Arnault’s service as a director of the Company terminates prior to the first anniversary of the grant.
Item 7.01. Regulation FD Disclosure
The Company issued a press release on September 16, 2026, announcing the appointment of Mr. Arnault to the Board, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
A copy of the press release is being furnished pursuant to Item 7.01 of Form 8-K and the information included therein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Exhibit | |||||||
| 99.1 | NIKE, Inc. Press Release dated September 16, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NIKE, Inc. (Registrant) | |||||||||||
| Date: | September 16, 2026 | By: | /s/ Robert Leinwand | ||||||||
| Robert Leinwand | |||||||||||
| Executive Vice President, Chief Legal Officer | |||||||||||
Alexandre Arnault Joins NIKE, Inc. Board of Directors
BEAVERTON, Ore. (September 16, 2026) – NIKE, Inc. (NYSE: NKE) today announced Alexandre Arnault has been appointed to the Company's Board of Directors. Arnault is Deputy CEO of Moët Hennessy, LVMH's wines and spirits division, a role he’s held since February 2025.
"Alexandre has earned a reputation for helping iconic global brands evolve, innovate and grow in a changing, complex marketplace," said Mark Parker, Executive Chairman, NIKE, Inc. "As part of our commitment to strong governance and thoughtful board succession, we look for leaders with distinctive experiences, fresh perspectives and a proven ability to create long-term value. Alexandre's leadership across some of the world's most respected brands will make him a strong addition to our Board."
"Alexandre understands how some of the world's most influential brands stay relevant, deepen consumer connections and drive long-term growth," said Elliott Hill, President & CEO, NIKE, Inc. "His experience across innovation, digital transformation and brand building will be an asset as we continue to strengthen our connection with consumers, sharpen our competitive edge and accelerate NIKE's next chapter of growth around the world."
Prior to his current position, Arnault spent four years as Executive Vice President of Product, Communications and Industrial at Tiffany & Co., where he played a key role in revitalizing the brand. Previously, he spearheaded LVMH’s acquisition of RIMOWA and went on to serve as the company’s CEO for four years, revitalizing the brand’s positioning, and transforming its business model. Earlier in his career, Arnault focused on digital innovation and technology investment at LVMH and Agache, building on his experiences at McKinsey & Company and KKR.
He currently sits on the Board of Directors at LVMH and serves as a trustee of The Museum of Modern Art in New York. He has previously served on the boards of Carrefour, Birkenstock and Moncler.
Arnault is a graduate of Télécom Paris and holds a master’s degree from École Polytechnique.
About NIKE, Inc.
NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories.
For more information, NIKE, Inc.'s earnings releases and other financial information are available at NIKE's Investor Relations website. Individuals can also visit About NIKE and follow NIKE on LinkedIn, Instagram and YouTube.
Contacts
Investor Contact:
Paul Trussell
investor.relations@nike.com
Media Contact:
Sandra Carreon-John
media.relations@nike.com