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Nike Executive Resigns Following Reports Of Her Son Using A Credit Card In Her Name To Fund His Sneaker Resale Business

<p>The sneaker game has become a jungle thanks to resellers all around the world&comma; and it has literally become the luck of the draw when it comes to getting your hands on a new release&excl; Well&comma; we now know we can thank the son of one of Nike&&num;8217&semi;s executives for that&period;<&sol;p>&NewLine;<p>According to <a href&equals;"https&colon;&sol;&sol;www&period;businessinsider&period;com&sol;nike-vp-ann-hebert-resigns-son-credit-card-resale-business-2021-3">Business Insider<&sol;a>&comma; Nike&&num;8217&semi;s Vice President and general manager for its North America division&comma; Ann Hebert&comma; resigned following reports that she was linked to her son&&num;8217&semi;s sneaker resale business&period; Nike announced Monday that a new VP will be appointed shortly&period;<&sol;p>&NewLine;<p>It was previously reported that Hebert&&num;8217&semi;s 19-year-old son&comma; Joe&comma; used a credit card in her name to purchase over &dollar;100&comma;000 worth of limited-edition sneakers for his resale business&comma; West Coast Streetwear&period; Joe told <a href&equals;"https&colon;&sol;&sol;www&period;bloomberg&period;com&sol;features&sol;2021-sneaker-investment&sol;&quest;srnd&equals;businessweek-v2">Bloomberg Business<&sol;a> that he resold the shoes in as little as three hors&comma; making a &dollar;20&comma;000 profit&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Anything that&&num;8217&semi;s releasing that I know I can make a guarantee buck on&comma; I&&num;8217&semi;m gonna go full into it&comma;&&num;8221&semi; he said&period; &&num;8220&semi;That&&num;8217&semi;s just my style&period;&&num;8221&semi;<&sol;p>&NewLine;<blockquote class&equals;"instagram-media" data-instgrm-permalink&equals;"https&colon;&sol;&sol;www&period;instagram&period;com&sol;p&sol;CL6577iBRg3&sol;&quest;utm&lowbar;source&equals;ig&lowbar;embed&&num;038&semi;utm&lowbar;campaign&equals;loading" data-instgrm-version&equals;"14" style&equals;" background&colon;&num;FFF&semi; max-width&colon;658px&semi; min-width&colon;326px&semi; padding&colon;0&semi; width&colon;99&period;375&percnt;&semi; width&colon;-webkit-calc&lpar;100&percnt; - 2px&rpar;&semi; width&colon;calc&lpar;100&percnt; - 2px&rpar;&semi;"><div>&NewLine; <iframe class&equals;"custom-ig-embed" data-src&equals;"https&colon;&sol;&sol;www&period;instagram&period;com&sol;p&sol;CL6577iBRg3&sol;embed&sol;captioned" allowtransparency&equals;"true" allowfullscreen&equals;"true" frameborder&equals;"0" height&equals;"640px" scrolling&equals;"no" style&equals;"background&colon;&num;FFF&semi; border&colon;0&semi; border-radius&colon;3px&semi; box-shadow&colon;0 0 1px 0 rgba&lpar;0&comma;0&comma;0&comma;0&period;5&rpar;&comma;0 1px 10px 0 rgba&lpar;0&comma;0&comma;0&comma;0&period;15&rpar;&semi; margin&colon; 1px&semi; max-width&colon;540px&semi; min-width&colon;326px&semi; padding&colon;0&semi; width&colon;99&period;375&percnt;&semi; width&colon;-webkit-calc&lpar;100&percnt; - 2px&rpar;&semi; width&colon;calc&lpar;100&percnt; - 2px&rpar;&semi;"><&sol;iframe>&NewLine; <&sol;div><&sol;blockquote>&NewLine;<p>Bloomberg also reported that Joe said his mother was &&num;8220&semi;so high up at Nike as to be removed from what he does&period;&&num;8221&semi; He also said she had never given him any inside information like discount codes&comma; and asked for his mother not to be named in the original article&period;<&sol;p>&NewLine;<p>Despite her resignation&comma; Nike spokesperson Sandra Carreon-John said that Ann Hebert made the company aware of her son&&num;8217&semi;s sneaker business back in 2018 and did not violate any &&num;8220&semi;company policy&comma; privileged information or conflicts of interest&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Ann was named the head of Nike&&num;8217&semi;s North America business division in 2020 after serving as the company&&num;8217&semi;s VP of global sales&period;<&sol;p>&NewLine;<p>What are your thoughts&comma; Roomies&quest; Let us know in the comments&excl;<&sol;p>&NewLine;<p data-pm-slice&equals;"1 1 &lbrack;&rsqb;">Want updates directly in your text inbox&quest; 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