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Nike Co-founder Phil Knight officially retires as its Chairman

On Thursday, Nike, the global leader in the athletic gear segment officially announced departure of the company’s Co-Founder and Chairman Phil Knight. Nike’s CEO Mark Parker has taken over the Chairman’s role from Knight. The company also announced that Apple CEO Tim Cook has now become the Lead Independent Director on its board. Knight to serve...

4 Jul 2016

People

Nike chairman Phil Knight to step down in 2016

Nike co-founder Phil Knight is planning to step down as chairman of the world’s largest sportswear brand next year, as it looks to establish “long-term stability in the ownership and governance of the company”. Knight named Mark Parker, the current chief executive of Nike, as his choice to become the next chairman of the company. The sportswear...

1 Jul 2015

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