In an SEC release, Nike, Inc. stated that Delbert J. Hayes, a director of the company, notified Nike of his decision not to stand for re-election as a director at the company's 2005 annual meeting of shareholders. His decision was not “the result of any disagreement” with the company or its management.

Mr. Hayes, has been a director of Nike since 1975 and served as executive vice president of Nike from 1980 to 1995. Mr. Hayes served as treasurer and in a number of other executive positions with the company from 1975 to 1980. Mr. Hayes was a partner with Hayes, Nyman & Co., certified public accountants, from 1970 to 1975. Prior to 1970, Mr. Hayes was a certified public accountant with Price Waterhouse for eight years.