BEAVERTON, Ore. (AFX) - Athletic shoe and apparel maker Nike Inc. said Thursday it named Lee Bird its new president of subsidiaries.
Bird, 42, will lead new business development and growth strategies for several brands including Converse and Cole Haan. Most recently Bird was executive vice president of new business development for Gap Inc.
Shares of Nike closed up $1.12 at $83.87 on the New York Stock Exchange.
Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.