Nike veterans step down from board
23/06/2015
Mr Houser, 80, joined Nike’s board in 1970 and serves as a member of the board’s corporate responsibility and sustainability committee and its nominating and corporate governance committee.
Mr Smith, 73, joined the board in 2004 and serves as chair of the board’s finance committee, and as a member of its audit committee.
Chairman Philip Knight said: “They have provided valuable insight and contributions and I’m extremely grateful for the leadership they have brought to Nike over the years.
“Doug joined the board before the birth of the Nike brand and provided valuable guidance to the company through its challenging formative years to become the world’s leading athletic footwear, apparel, and equipment brand.
“Orin has provided seasoned financial guidance and leadership, resulting in the company’s fiscal strength and tremendous growth opportunities that we see today. Doug and Orin have given me thoughtful counsel over the years, and I will sincerely miss them.”
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