Nike has appointed Dan McKenzie as vice president, chief accounting officer, Finance Operations & Transformation, effective Nov. 9. McKenzie, a longtime Nike finance executive who retired from the company in July, returns to take over the principal accounting officer role from CFO David Denton, who had been serving in that capacity on an interim basis.
The appointment brings an experienced former Nike finance leader back into the company. McKenzie’s compensation includes annual salary, bonus and long-term incentives, as well as one-time equity awards.
Key details
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Role and transition: McKenzie becomes Nike’s chief accounting officer and principal accounting officer on Nov. 9. Denton remains executive vice president and CFO but stops serving as interim corporate controller and principal accounting officer on that date.
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McKenzie’s background: He spent more than 19 years at Nike in finance leadership roles, most recently as CFO of Global Operations and Technology from August 2025 until his retirement in July 2026. Earlier, he was CFO for North America and EMEA. He has more than 32 years of finance and operations experience and holds an accounting degree from the University of Oregon.
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Annual compensation: McKenzie’s base salary is $500,000. His target annual bonus is 50% of eligible fiscal-year earnings, and his target annual long-term incentive award is $525,000.
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One-time equity awards: He will receive a restricted stock unit award with a target value of $525,000, vesting in four equal annual installments beginning Sept. 1, 2027. He will also receive a sign-on RSU award with a target value of $600,000, vesting in three equal annual installments on the grant-date anniversaries. The awards are to be granted as soon as administratively feasible after he starts; the disclosed values are target grant values, not a stated number of shares.
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Post-employment restriction: McKenzie agreed to a 12-month noncompete after leaving Nike. If Nike ends his employment without cause, the company will pay him monthly during that period at one-twelfth of his then-current annual salary. If he resigns, the monthly payment is one-twenty-fourth of his annual salary. Nike can waive the restriction, in which case it does not owe payments for the months covered by the waiver.
What changes
Nike’s principal accounting officer role shifts from Denton, who had been covering it alongside his CFO position, to McKenzie. McKenzie’s return also places the accounting function under a former senior finance executive with extensive experience across Nike’s operations and major regions.