NIKE adds LVMH deputy CEO Alexandre Arnault to board, expanding it to twelve directors
NIKE's board increased its size to twelve directors and appointed Alexandre Arnault, Deputy CEO of Moët Hennessy at LVMH, as a director effective immediately on September 15, 2026. The filing says his committee assignments have not yet been determined, and he received a $200,000 sign-on award of restricted Class B shares that is forfeitable if he leaves the board before the first anniversary of the grant.
Key points
- Board expanded to twelve directors; Arnault's initial term runs to the 2027 annual meeting of shareholders
- Arnault, 34, has been Deputy CEO of Moët Hennessy since February 2025 and has served on the LVMH board since April 2024
- Sign-on award of restricted Class B Common Stock valued at $200,000, granted September 15, 2026
- Committee assignments for Arnault have not yet been determined
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.