On Tuesday, Shares of Nike Inc (NYSE:NKE), added 0.37% and closed at 51.22 in the last trading session. The last trading range of the stock ranges between $51.19 and51.66. NIKE, Inc. (NKE) announced today that Tom Peddie becomes the new VP, GM of North America, succeeding Joaquin Hidalgo, who has served in this role since July 2013 and will be taking a leave of absence to focus on his health. This change is effective immediately.
Peddie, a 26-year Nike veteran, has held senior management roles across Nike, including VP North America Sales and VP Global Sales. He was previously VP, GM of Emerging Markets and joined the North America team earlier this year as VP, GM of Integrated Marketplace, where he has led Nike’s holistic integrated market strategy in North America.
“Tom is a strong leader with a deep understanding of our consumer and the integrated marketplace,” said Elliott Hill, President of Geographies and Sales, Nike Brand. “He has proven time and again his ability to lead teams toward continued and profitable long-term growth and we look forward to his leadership in this important geography.”
“Joaquin has shown an unwavering commitment to our brand and to leading the North America business,” said Hill. “During the three years of his leadership, the North America business grew by more than a billion dollars each year. We look forward to his return to Nike.”
Occidental Petroleum Corporation (NYSE:OXY), jumped 0.14% and closed at $72.57 in the last trading session. The last trading range of the stock ranges between 71.77and73.31. The company’s Market capitalization is $54.87 Billion with the total Outstanding Shares of 763.93 million. Occidental Petroleum Corporation (OXY) will hold a conference call on November 1, 2016, at 11 a.m. Eastern, following the release of its third quarter 2016 financial results.
All remarks made during the conference call will be current at the time of the call and may not be updated to reflect subsequent material developments.
Third quarter 2016 financial results will be available through the Shareholder Relations section of the company’s website. A recording of the webcast will be posted on the website within several hours after the call is accomplished.