Converse Head Jim Calhoun Exits In Nike Reshuffle

Nike is making moves inside its executive suite.

The Beaverton, Ore.-based company said Thursday night that Converse president and CEO Jim Calhoun would leave the company to pursue other interests. He will be replaced by Davide Grasso, Nike’s current chief marketing officer.

In addition, Michael Spillane, vice president and GM of footwear, has been named president of product and merchandising, replacing Jeanne Jackson, who will work in a new advisory role with top boss Mark Parker.

“We are fortunate to have built a strong and deep bench of talent across our organization,” Parker, Nike Inc.’s president and CEO, said in a statement. “As we move forward to deliver our long-term goals, the leadership changes we are announcing today will help us to continue to drive growth around the world.”

Spillane and Grasso will report to Parker.

Other moves included naming Elliot Hill to oversee the company’s wholesale and direct to consumer businesses. Hill has been with the firm for about three decades.

Hill is expected to report to Trevor Edwards, president of Nike Brand.

Under Calhoun, Converse evolved into one of the hottest sneaker styles, registering nearly $2 billion in annual sales. The executive told Footwear News last year that he was focused on the brand’s new corporate headquarters in Boston, as well as the launch of the Chuck Taylor All Star II, Converse’s largest advertising campaign and investing in digital.

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