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.

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A detail view of Royce O’Neale #23 of the Utah Jazz’s Nike shoes before a game against the Los Angeles Lakers at Vivint Smart Home Arena on February 24, 2021 in Salt Lake City, Utah

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Nike vice president and general manager Ann Hebert has resigned, thecompany announced Monday.

Hebert’s abruptresignation comes on the heels of anews reportthat 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 toBloomberg, 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.

Read more atusatoday.com

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