Nike Inc. is looking to an Arnault scion to help lead its next chapter.
On Wednesday, the Beaverton, Ore.-based company said it appointed Alexandre Arnault to the board of directors. He currently serves as the deputy chief executive officer of Moët Hennessy, LVMH’s wines and spirits division, a role he’s held since February 2025.
Prior to his current position, Arnault spent four years as executive vice president of product, communications and industrial at Tiffany & Co., where he played a key role in revitalizing the brand.
Previously, he spearheaded LVMH’s acquisition of Rimowa and went on to serve as the company’s CEO for four years. Earlier in his career, Arnault focused on digital innovation and technology investment at LVMH and Agache, building on his experiences at McKinsey & Company and KKR.
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He sits on the board of directors at LVMH and serves as a trustee of the Museum of Modern Art in New York. He has previously served on the boards of Carrefour, Birkenstock and Moncler.
Mark Parker, executive chairman of Nike Inc., said in a statement that Arnault has “earned a reputation for helping iconic global brands evolve, innovate and grow in a changing, complex marketplace.”
“As part of our commitment to strong governance and thoughtful board succession, we look for leaders with distinctive experiences, fresh perspectives and a proven ability to create long-term value,” Parker noted. “Alexandre’s leadership across some of the world’s most respected brands will make him a strong addition to our board.”
Elliott Hill, president and chief executive officer at Nike Inc., believes Arnault “understands how some of the world’s most influential brands stay relevant, deepen consumer connections and drive long-term growth.”
“His experience across innovation, digital transformation and brand building will be an asset as we continue to strengthen our connection with consumers, sharpen our competitive edge and accelerate Nike’s next chapter of growth around the world,” Hill said.
The move comes at a challenging time for Nike. In its most recent fourth-quarter results, Nike reported net sales of $10.97 billion, down 1 percent from $11.09 billion in the fourth quarter last year on a reported basis, and down 4 percent on a currency-neutral basis.
In August, Nike hired Jane Ewing as executive vice president and chief commercial officer, a role the Swoosh had previously eliminated just eight months prior. Ewing now leads Nike’s global marketplace organization, including sales and Nike Direct.
