Former Nike COO Eric Sprunk Joins Nordstrom’s Board Amidst Activist Investor Pressure
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April 18, 2023 : Former Nike COO Eric Sprunk has joined Nordstrom’s board amid pressure from activist investor Ryan Cohen, who has a major stake in the company. Nordstrom’s shares rose 4% on Monday to $17.00. Sprunk, who was at Nike from 2013 to 2020, will join the board immediately, taking it to 11 directors.