US footwear retailer Payless ShoeSource, Inc. has elected D. Scott Olivet to its board of directors, with a term to expire in 2009.

Mr Olivet is chief executive officer and director of Oakley, Inc., where he has worked since October 2005. From August 2001 to September 2005, he served as Nike Inc.'s vice president, Nike Subsidiaries and New Business Development where he led, developed and executed the company's multi-branding strategy including the Cole Haan, Converse, Hurley, Starter and Bauer-Nike Hockey brands.

With the addition of Mr Olivet, the Payless board now consists of ten directors, nine of whom are independent.