Nike Inc. plans to hire Mike Yonker, CFO, corporate secretary and treasurer of Pixelworks Inc., as its senior director of strategic planning and finance for its global footwear division, according to the Portland Business Journal

Yonker chose not to stay on as Pixelworks' finance chief after the company decided move the majority of its corporate offices from Tualatin, OR, to California, according to the journal. Yonker, formerly CFO at InFocus Corp. and Wieden+Kennedy, became Pixelworks' CFO just under a year ago.

He will leave Pixelworks, effective March 31, and join Nike in the first week of April. Pixelworks makes chips used in high-end televisions.