- Ratnakar Lavu, Nike’s top technology executive, resigned Monday, effective immediately.
- An internal email announcing Lavu’s departure didn’t give a reason for his sudden exit.
- Lavu did not immediately respond to a message seeking comment.
Nike’s top technology executive, Ratnakar Lavu, has resigned effective immediately, according to an email sent to employees and signed by Nike Chief Operating Officer Andy Campion. The announcement was made on Monday.
Insider viewed a copy of the email, which did not give a reason for Lavu’s departure.
“We can confirm that Ratnakar Lavu is no longer at Nike,” the company said in a one-sentence statement provided to Insider.
Lavu did not immediately respond to a message seeking comment.
Lavu’s resignation comes as Nike continues to work through an expensive digital transformation and as Wall Street is increasingly focused on the bottom lines of public companies, given ongoing economic uncertainty.
Lavu joined Nike in June 2019. He previously worked as the top technology executive for Kohl’s.
In May 2022, Insider reported on a leaked interal survey of Nike technology employees that showed widespread employee dissatisfaction.
This is a developing story and will be updated.
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