NIKE, Inc. filed a Form 8-K on November 9, 2026, disclosing the appointment of Dan McKenzie as Vice President, Chief Accounting Officer, Finance Operations and Transformation, and principal accounting officer, effective November 9, 2026.

Key Highlights

  • New appointment: Dan McKenzie, age 55, was named Vice President, Chief Accounting Officer, Finance Operations and Transformation, and principal accounting officer, effective November 9, 2026.
  • Prior role transition: David Denton, Executive Vice President and Chief Financial Officer, ceased serving as Interim Corporate Controller and principal accounting officer as of the same effective date.
  • Base salary: McKenzie's annual base salary is set at $500,000, with a target annual bonus of 50% of eligible fiscal year earnings.
  • Long-term incentive: His annual target long-term incentive award is $525,000, plus a one-time RSU with a target grant value equal to that same amount, vesting in four equal annual installments beginning September 1, 2027.
  • Sign-on award: A sign-on RSU with a target grant value of $600,000 will vest in three equal annual installments on the anniversary of the grant date.
  • Non-compete terms: A twelve-month covenant not to compete applies following termination; monthly payments during that period equal one-twelfth of base salary if terminated without cause, or one-twenty-fourth if McKenzie voluntarily resigns.
  • NIKE tenure: McKenzie served more than 19 years at NIKE before retiring in July 2026, with more than 32 years of finance and operational experience.

Dan McKenzie Returns to NIKE as Principal Accounting Officer

According to the filing, NIKE, Inc. (NYSE:NKE) entered into an offer letter with Dan McKenzie on November 4, 2026, establishing the terms of his compensation as Vice President, Chief Accounting Officer, Finance Operations and Transformation. McKenzie had retired from the company in July 2026 and held no other position between his retirement and this appointment, the filing states. He holds a Bachelor of Science degree in Accounting from the University of Oregon.

The filing discloses that McKenzie's most recent roles at NIKE prior to retirement included VP, Chief Financial Officer, Global Operations and Technology from August 2025 to July 2026; VP, Chief Financial Officer, North America from July 2023 to July 2025; and VP, Chief Financial Officer, EMEA from November 2019 to June 2023. The company reported that he has more than 32 years of finance and operational expertise.

Regarding the one-time equity awards, the filing notes that the RSU matching the annual LTI target amount will vest in four equal annual installments, with the first tranche vesting September 1, 2027, consistent with the company's September 1, 2026 annual equity grants to executive officers. The sign-on RSU, valued at a target of $600,000, vests in three equal annual installments on the anniversary of the grant date. The filing also notes that the company may unilaterally waive the non-compete covenant, in which case it would not be required to make the corresponding monthly payments for the months covered by the waiver.

What Was Disclosed

NIKE, Inc. disclosed the appointment of Dan McKenzie as its new principal accounting officer, the concurrent step-down of David Denton from that interim role, and the full terms of McKenzie's compensation arrangement, including salary, bonus target, long-term incentives, and non-compete provisions.