Alexandre Arnault Joins Nike Board of Directors Amid Corporate Restructuring

SummaryAlexandre Arnault has been officially appointed to Nike's board of directorsThe LVMH executive previously held leadership roles at Moët Hennessy Tiffany & Co and RimowaThe move comes as Nike faces financial headwinds and prepares to leave the S&P 100 index on September 21, 2026Nike has officially appointed LVMH executive Alexandre Arnault to its board of directors. The strategic appointment comes as the sportswear giant navigates a challenging financial period, with company shares...