Lindsay Stewart, vice president of Nike for corporate affairs, is going into retirement. Hilary Krane, who left Levi Strauss &Co. in 2010 to join Nike, is taking his place as the top legal affairs executive in the company. She is the first woman to have joined Nike’s executive board. Krane is also taking his place as one of the directors of the World Federation of the Sporting Goods Industry (WFSGI). Stewart, a former strong candidate as president of WFSGI, was made an honorary director of WFSGI at its general assembly inMunichlast week along with two other Americans – John Riddle and Jim Easton – as well as Pashi Sondhi of India and the late Armin Dassler, the long-time chief of Puma and co-founder of the World Federation. At WFSGI’s dinner just before ISPO on Saturday night, Armin Dassler was honored through his son, Frank Dassler, who is now the general counsel of Adidas as well as president of Fesi, the European sporting goods industry federation.
