Sportswear goods company Nike has announced that Andrew Campion, senior vice president finance, strategy and investor relations at present, will be promoted to Chief Financial Officer (CFO) on August 1, 2015. Donald W. Blair, who currently acts as CFO, will retire October this year, supporting the role transition during his last months in the company. During Blair’s period, Nike’s revenue has more than tripled and the business market value has increased over eight times.

Nike's future CFO: Andrew Campion (Image source: LinkedIn)
Nike's future CFO: Andrew Campion (Image source: LinkedIn)
Future CFO Andrew Campion joined the company in 2007 and has developed since then various roles always in the finance field. Previously, Campion served with the Walt Disney Company from 1996 to 2007.

Mark Parker, president and CEO of Nike, in regard of the appointment: “I have worked closely with Andy over the last eight years as he has led corporate strategic planning, served as CFO for our flagship Nike brand, and most recently as the head of finance, strategy and IR. We have a strong business plan in place and we look forward to Andy’s leadership in guiding our financial strategy as we continue to drive profitable growth in our business worldwide.”