A longtime Nike exec resigned after her son used her credit card to fund his sneaker resale business – About Your Online Magazine


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People wearing Nike sneakers line up outside a Nike store to buy the newly released Nike sneaker in Shanghai on October 26, 2019. STR / AFP via Getty Images

Nike vice president and general manager for the North American division, Ann Hebert, resigned on Monday after reports that she was linked to her son’s resale business, the company announced on Monday.

Herbert was a 25-year veteran at the company.

Last week, Bloomberg Businessweek reported on his 19-year-old son, Joe, who runs the West Coast Streetwear resale business. Joe was reported to have used Herbert’s credit card to buy more than $ 100,000 in limited edition shoes to resell.

Bloomberg reported that Joe said his mother was “so important at Nike that she is excluded from what he does”. He added that she never gave him any inside information, like discount codes.

However, Joe asked Bloomberg not to mention his mother in the article and stopped responding after that exchange.

Nike said it plans to announce a new head of its North American geography soon.

Insider contacted Hebert and Nike for comment.

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Read the original article at Business Insider

Paula Fonseca