Dossier
$7.25 million cash award
Coverage of $7.25 million cash award in the Nexus archive.
- Why companies are paying a premium for battle-tested CFOs—and Nike’s struggling turnaround shows what that costs
Nike is hiring David M. Denton as its new CFO, offering a $7.25 million cash award and other incentives. Denton has prior CFO experience at Pfizer, Lowe’s, and CVS Health. Nike’s recent quarterly results show flat revenue and declining gross margins amid strategic challenges.