American Nike, Nike’s Iberian subsidiary, has named Marco Deotto president. For the past five years, Deotto has been Nike’s senior finance director for southern Europe. He also spent more than a year as finance director for Italy. Before joining Nike, he held various finance-related positions with Heinz Italy and rose to become the company’s global finance manager for its infant & nutrition division. Ignacio Serrat will continue as Nike’s vice president and managing director for Spain, Portugal, Italy and Greece and as the titular executive for the Iberian market.