BEAVERTON, Ore.--(Business Wire)-- NIKE, Inc. (NYSE:NKE) today announced that Jack Boys will retire as CEO of Converse and company executive Michael Spillane has been named his successor. Boys and Spillane will transition their roles through the end of the year. "With Jack`s leadership, Converse has experienced exceptional brand growth and financial performance. His contribution to Converse`s success has helped make the brand what it is today. Under his guidance, Converse just posted its most profitable first quarter to date - demonstrating the power and potential of the Converse brand," said Eunan McLaughlin, President NIKE, Inc. Affiliates. "We are very excited to have Michael in the CEO role. He has worked closely with Jack for the past two years developing Converse`s growth strategy," said McLaughlin. "Their leadership, passion and deep understanding of the Converse consumer has uniquely positioned Converse for continued global growth." As CEO of Converse, Spillane will report directly to McLaughlin. Spillane brings 25 years of hands-on financial, textile and apparel experience to Converse. He joined Converse in 2007 as President of North American Footwear. In less than a year, he was asked to lead growth around the apparel business, as President, North America and Global Product. Previously Spillane held CEO positions at Polartec and Malden Mills as well as senior positions at Tommy Hilfiger and Jockey.