Thasunda Brown Duckett, the CEO of Consumer Banking, the retail banking arm at Chase has just been named to the Board of directors at Nike. In this role, she will be the only African American woman thats a C-suite executive on the board.
Duckett oversees $800 billion in deposits and investments and over 50,000 employees in her role as CEO of Chase Consumer Banking. Of course, she became the first Black person (man or woman) to hold the position when she started the role in 2016.
This information was made public last week during a press release from Mark Parker, the CEO and Chairman at Nike. He said, “Thasunda’s expertise in leading digital and physical transformation in retail banking will be invaluable in helping Nike further deepen consumer relationships." Parker also said, “she is a dynamic and [a] forward-thinking leader, and we are delighted that she has joined the board.”
Duckett has previous experience working as an executive in regards to inclusion and empowerment. JPMorgan Chase & Co also has a program entitled Advancing Black Pathways in which Duckett is an Executive sponsor. The program aims to provide financial educational, and career resources for African Americans. To read more about JPMorgan Chase & Co's Advancing Black Pathways Initiative, click here.
This is a slam dunk appointment for Nike as the company has recently been taking leaps to advance their diversity in the workplace and their culture. We are sure Duckett's presence will influence some change in the Nike culture overall.