Nike is replacing its CFO with a Pfizer finance veteran amid a slow turnaround |
Nike is replacing its CFO with a Pfizer finance veteran amid a slow turnaround
David Denton, who has led Pfizer's finances since 2022, will take over as Nike's chief financial officer on Aug. 17
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Nike $NKE named David Denton as its next CFO on Monday, bringing in the Pfizer $PFE Inc. finance chief to replace Matthew Friend as the sportswear company works through a sluggish turnaround.
The transition is set for Aug. 17, when Friend will exit the CFO position, though he will continue in an advisory capacity at Nike until Sept. 4, the company said. Friend will participate in Nike's fourth-quarter fiscal 2026 earnings call on June 30, as........