Nike has announced that Tom Peddie will become vice president and general manager of the emerging markets regions. He will replace Roland Wolfram who has decided to retire from Nike on Jan. 9, 2015, after 16 years with the company. Peddie will report to Elliott Hill, president of geographies and sales for the Nike Brand. A 24-year Nike veteran, Peddie is currently vice president of global sales. He has previously held senior-level management positions in the company's global sales organization, having served as vice president of sales for Asia-Pacific and North America.