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Market Chatter: Nike's Chief Innovation Officer Leaving After Less Than a Year

-- Nike (NKE) Chief Innovation Officer Tony Bignell is leaving the company after less than a year on the job, The Wall Street Journal reported Friday, citing a company statement.

Bignell will be succeeded by Andy Caine, Nike vice president and creative director for sportswear, effective Sunday, the company reportedly said.

Nike didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $42.62, Change: $-1.38, Percent Change: -3.14%

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