Wall Street Breakfast Nike shakes up its starting lineup
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Dec 3, 2025 Nike is undergoing major leadership changes as part of its turnaround strategy. Netflix proposes a cost-effective bundling with HBO Max to tackle regulatory issues. YouTube announces restrictions for users under 16 in Australia, enhancing online safety. The podcast also discusses Comcast's bid to merge NBCU with Warner Bros., aiming to unite their entertainment powerhouses. Plus, insights on market signals and upcoming economic events are shared, keeping listeners updated on important trends.
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Nike Consolidates Tech And Ops
- Nike reorganized senior leadership to remove layers and better align with consumers as part of a turnaround plan.
- The new COO role consolidates technology with supply chain, operations, and sustainability to integrate tech across the company.
New COO Adds Tech To Supply Chain
- Venkatesh Aligarisamy will become COO and add technology oversight to his supply chain and operations duties starting December 8.
- Eliminating the CTO role and adding regional heads to senior leadership signals a move to simplify structure and increase consumer focus.
Sales Reporting Moves To CFO
- Nike removed the Executive VP & CTO position and cut the Chief Commercial Officer role to streamline leadership.
- Global Sales and Nike Direct now report to the CFO to better link marketplace performance with corporate strategy.