Second Nike executive leaves company amid complaints about inappropriate behavior

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Martin reported to Trevor Edwards, president of Nike's brand and a one-time CEO candidate, who stepped down from that role on Thursday.

Jayme Martin, a vice president and general manager of global categories, has left the company, a spokesman confirmed on Friday.

Shares of Nike, which is scheduled to report third-quarter results next Thursday, were up marginally in trading after the bell.

A Nike spokeswoman declined to provide more details on Martin's exit.

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President of the Nike Brand Trevor Edwards presents the company's new "Magista" football boot in Barcelona on March 6, 2014.

With Edwards out as steward of the Nike brand, the turnaround effort now falls to the other executives.

Nike is in the process of transitioning its business and will use Edwards as a consultant until August, when he will officially retire.

Edwards, 55, had been a Nike employee since 1992 and oversaw the company's worldwide sales unit, retail and e-commerce business.

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Nike said in a statement that "there has been conduct inconsistent with Nike's core values and against our code of conduct". While he has immediately resigned his position, he will continue to serve as an adviser to CEO Mark Parker to help Nike through the transitional period.

"I'd like to thank Trevor for the important role he has played for 25 years and for his significant contributions", Parker stated. With Edwards' departure, Parker said he now plans to remain in his current role through 2020, according to the report.

Parker said Nike would be reviewing the company's protocol for dealing with internal complaints, the Journal reported.

In a news release, Parker committed, for the first time, to being chairman and CEO of the company beyond 2020.

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