Nike exec resigns after son reportedly used her credit card to buy over $100K in shoes for resale
Hebert worked for Nike for 25 years through various international roles and helped head the company’s North America division.
Nike vice president and general manager Ann Hebert has resigned, the company announced Monday.
Hebert’s abrupt resignation comes on the heels of a news report that her 19-year-old son, Joe, used a credit card in her name to buy sneakers for a resale business.
Hebert worked for Nike for 25 years through various international roles and helped head the company’s North America division. Nike said Monday it plans to announce a new head of its North American geography in the coming days.
Bloomberg Businessweekreported last week that Joe Hebert spent more than $100,000 on his mother’s credit card to buy limited-edition shoes before flipping them for profit.
His resale business was called West Coast Streetwear. According to Bloomberg, Herbert benefited off the buy-low opportunity presented by the coronavirus pandemic, buying up to 600 pairs of sneakers. After the select sneakers sold out, Hebert would then resell them for profit.
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