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A top Nike executive quit Monday after her son used her company credit card to purchase $132,000 in Kanye West’s limited edition sneakers.
Ann Hebert, the vice president and general manager of Nike’s North America division, resigned Monday after her 19-year-old son used her corporate credit card to buy 600 pairs of Yeezys, Bloomberg Businessweek reports.
Nike does not permit its employees to participate in sneaker reselling, according to Complex.
Daily News reports the 19-year-old, Joe Hebert, sold the shoes for more than $20,000 profit.
A Nike spokesperson told Bloomberg that Ann had disclosed information about the business to her employer in 2018 and that there was “no violation of company policy.”
But other sources in the Bloomberg report state that Joe previously used his mother’s employee discount to purchase sneakers in bulk from Nike outlet stores.
Her son denied ever receiving inside information from his mother and reportedly asked that his mother not be included in the Bloomberg story.
“Ann Hebert, VP/GM, North America geography has decided to step down from Nike, effectively immediately,” the company wrote in an email to employees. “We thank Ann for her more than 25 years with Nike and wish her well.”
7 CommentsLeave a Reply
$132,000 in sneakers, eh? What’s that turn out to be, a net profit of $125k thanks to slave labor?
This is nothing compared to the upcoming gambling scandals that will rip through sports with the greater legalization.
I’ve been saying that.
They worked the scam on company credit card? What a boner. The grift may still be working otherwise.
Here’s a thought: Take the card away from your adult son. And, if he uses it again, charge him with identity theft. He’ll learn….eventually.
Exactly. She spoiled him, and then had one last chance to teach him. But that was obviously asking too much.
Probably not the first time the scam was used
Resign? Nike should have fired her.