A longtime Nike exec resigned after her son used her credit card to fund his sneaker resale business

© STR/AFP via Getty ImagesPeople wearing Nike sneakers queue outside a Nike store to buy the newly-released Nike sneaker in Shanghai on October 26, 2019. STR/AFP via Getty Images

• Nike Executive Ann Hebert resigned from her role after 25 years at the company on Monday. 
• The move comes after a report that her son used her credit card to buy shoes for his resale business. 
• Hebert's 19-year-old son runs West Coast Streetwear, which was featured in Bloomberg Businessweek.
• Visit the Business section of Insider for more stories.

Nike's Vice President and General Manager for their North America division, Ann Hebert, resigned on Monday after reports that she was tied to her son's resale business, the company announced on Monday. 

Herbert was a 25 year veteran with the company. 

Last week, Bloomberg Businessweek reported on her 19-year-old son, Joe, who runs the resale business West Coast Streetwear. It was reported that Joe had used Herbert's credit card to buy over $100,000 worth of limited-edition shoes to resell. 

Video: Here's what the first 3D-printed home for sale looks like (CNBC)

Here's what the first 3D-printed home for sale looks like

CNBC See more videos

SHARE

SHARE

TWEET

SHARE

EMAIL

What to watch next

• 

  How you can save $1 million for retirement

  
  USA TODAY
• 

  How much the most populous states pay mail carriers

  
  GOBankingRates
• 

  Creepy ways your company can spy on you while you work from home

  
  Veuer
• 

  Major companies suspend social media advertising over online hate speech

  
  CBS News
• 

  Women and retirement planning

  
  Money Talks News
• 

  This bookshop survived earthquakes and recessions. But not this

  
  CNN Money
• 

  Jim Cramer on Chesapeake Energy filing for bankruptcy

  
  CNBC
• 

  Should you save for retirement or pay down debt?

  
  Money Talks News
• 

  Ford just unveiled its 2021 tech-savvy pickup - here's what's new

  
  CNBC
• 

  Amazon looking to get into the self-driving car business buys startup for $1B

  
  Veuer
• 

  Economic outlook as more Americans file for unemployment

  
  CBS News
• 

  5 items you can sell for additional income

  
  GOBankingRates
• 

  5 practical reasons to put purchases on credit

  
  GOBankingRates
• 

  How to prepare for the next recession

  
  Money Talks News
• 

  Disney World workers petition to delay reopening of theme park

  
  CNBC
• 

  500 Delta staff have tested positive for COVID-19 and 10 have died

  
  Veuer

Click to expand

Replay Video

• How you can save $1 million for retirement How you can save a million bucks for retirement USA TODAY
• How much the most populous states pay mail carriers Americans rely on mail carriers to send and receive their mail. Have you ever wondered how much these essential workers make? GOBankingRates
• Creepy ways your company can spy on you while you work from home Just because you're working from home doesn't mean your boss can't keep tabs on your every move. Veuer's Sean Dowling has more. Veuer

UP NEXT

Bloomberg reported Joe said his mother was "so high up at Nike as to be removed from what he does." He added that she had never given him any insider information, like discount codes.

However, Joe asked Bloomberg not to mention his mother in the article and stopped responding after that exchange. 

Nike said it plans to announce a new head of its North American geography shortly.

Insider has reached out to Hebert and Nike for comment. 

Have a news tip? Contact this reporter at salarshani@insider.com