Read Larry Connors' blog – Short Term Trading Strategies
In a release, the Company noted that Allaker will be succeeded as GM of the Nike UK & Ireland organisation by Marc Van Pappelendam, who most recently was the VP/GM of Nike Eastern and Central Europe, based in Hilversum, the Netherlands.
Throughout his 21-year Nike career, Allaker has held various positions in finance and operations at Nike world headquarters in Beaverton, Oregon and at the Nike European headquarters. He has been VP/GM of the UK & Ireland since 2006 and his role prior to that was VP of Finance, Planning and Operations for the Europe, Middle East and Africa region. In his new role at Umbro, Allaker replaces Matthew Cook, who has left the company to pursue other opportunities.
"Jim has had great success in leading the Nike UK & Ireland business, important markets for Umbro. He also has a wealth of experience in the international sporting goods industry," said Eunan McLaughlin, President of the Nike Affiliates. "Umbro has a tremendous opportunity for growth and I believe with Jim's leadership, we will continue to grow the brand and connect with football fans worldwide."
Marc van Pappelendam, who succeeds Allaker as the VP/GM of Nike UK & Ireland, moves from his role as VP/GM of the Central/Eastern Europe region. Previous to that he was the VP of Commerce for the former Europe, Middle East and Africa region. A native of Holland, Van Pappelendam has also been GM of Nike's Northern Europe sub-region.
"Marc is a proven leader who will drive continued growth for the UK & Ireland market," said Gary DeStefano, President of Global Operations for Nike. "The UK market is crucial as we increase focus on core category business areas and create stronger consumer connections."
((Comments on this story may be sent to health@closeupmedia.com))
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
