BEAVERTON, Ore. (AP) - Nike Inc., the world's largest athletic-shoe company, on Monday said CEO William D. Perez resigned over difference with company founder and chairman Philip Knight and was replaced by Mark Parker, co-president of the Nike brand.
Perez, who joined the Beaverton-based company in December 2004 after a long career with consumer-products maker S.C. Johnson, resigned by mutual agreement with the Nike board, Nike said in a statement.
Perez said in the statement that he and Knight ``weren't entirely aligned on some aspects of how to best lead the company's long-term growth. It became obvious to me that the long-term interests of the company would be best served by my resignation.''
Parker, 50, joined Nike in 1979 and is considered the visionary behind the Nike Air franchise and many other innovations, Nike said, and one of the key executives leading the company's long-term strategic planning
``Mark has a proven track record in driving creativity, innovation and growth,'' Knight said in the statement. ``He's an experienced, talented executive and has played an instrumental role in building our business and making the Nike brand as strong as it is today.''
Charlie Denson was named president of the Nike brand.
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