Investing.com -- John Hoke, a top design executive at Nike Inc (NYSE: NKE )., is set to retire after over 30 years of service, according to Bloomberg. Hoke has played a significant role in shaping new products at Nike, the world’s largest sportswear company.
Hoke is retiring from his position as Nike’s chief innovation officer, a role he has held since 2023. In this capacity, he was responsible for accelerating the rate of product development. The news of his retirement was shared in an internal memo viewed by Bloomberg News.
Hoke will remain with the company until October to complete some ongoing projects. Nike intends to announce a successor for the chief innovation officer position shortly, as per the internal memo.
Hoke’s journey at Nike began in 1992 when he started working on stores and fixtures. An architect by profession, he soon transitioned into footwear design. He served as Nike’s chief design officer for 15 years, where he managed over 1,000 employees globally before taking over the innovation department.
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