and materials, helps us create iconic products and services that people want, and game-changers they can’t even imagine.

Innovation gets us closer to athletes and consumers. It shatters the traditional methods of manufacturing and distribution, and bridges the physical and digital worlds of sport. Innovation makes NIKE more competitive, sustainable and profitable.

And innovation introduces us to amazing partners who can help us create success for the business and momentum for systemic solutions to save our resources, our planet and our future. A great example was the Launch 2020 event that we hosted, bringing together 150 of the world’s best thinkers to advance game-changing technologies and innovations to bring about a more sustainable textiles industry.

I believe there is more opportunity in the world and more capability inside NIKE than ever. That’s why we’re accelerating our innovation agenda – delivering more new ideas and solutions more quickly – and we’re leveraging those across our sport categories, geographies and brands.

ONE BILLION MOMENTS THAT CAPTURE THE PASSION OF SPORT

LeBron James winning his second ring, second Finals MVP award, and becoming the youngest player to win a fourth MVP title. (By the way, rounding out the top five MVP vote getters were Kevin Durant, Carmelo Anthony, Chris Paul and Kobe Bryant: A NIKE/Jordan Brand sweep)… Tiger Woods fighting his way back to #1 in the world… Rory McIlRoy doing everything he can to take it back… Colin Kaepernick going head to head with Joe Flacco in the Super Bowl… Rafael Nadal at Roland Garros… Serena Williams at Wimbledon, the U.S. Open, the French Open and winning gold in London… Li Na on the cover of Time Magazine’s 100 Most Influential People in the World.

We also created a lot of special moments … the neon genius of NIKE Volt footwear on 400 athletes in the London Olympics … the 40th anniversary of Title IX (which was signed into US law the same week that the NIKE brand debuted at the 1972 Olympic Trials) … 200,000 young people braving the sweltering Shanghai summer heat to be part of the NIKE+ Festival of Sport … and 85,000 women training and competing in eleven NIKE She Runs races around the world. These are the events that represent the personal accomplishments of everyday athletes worldwide.

Because we’re successful in our core businesses, we’re also able to pull people together and be a partner and a catalyst to create positive change in the world. In FY13 we launched Designed to Move, a movement to bring young people closer to the joys and benefits of physical activity. We reached out to people impacted by devastating events – Hurricane Sandy, Sandy Hook, Boston, Oklahoma, the earthquake in the Sichuan Province. And we continue to bring economic opportunity to adolescent girls through the Girl Effect work of the NIKE Foundation.

ONE AMAZING LEADERSHIP TEAM

Finally, we recently announced strategic management changes for our organization, chief among them the decisions by Charlie Denson and Gary DeStefano to retire from their roles with NIKE. They were instrumental in growing NIKE around the world. Perhaps their most important legacy is the deep bench of