Nike chairman retires - sportstextiles: Lea SportsTextiles

News

Nike chairman retires

01/07/2016
Sportswear brand Nike has announced that chairman and co-founder Phil Knight has retired from its board of directors. He will be replaced by Mark Parker, who will add the responsibility to the roles of president and CEO, which he has occupied since 2006.

Mr Parker described his predecessor's impact on Nike as “immeasurable” and paid tribute to his “entrepreneurial drive”. He added that he was committed to Nike’s “next era of innovation and growth”.

“I could not be more pleased with the Board’s thoughtful execution of the succession plan, and am thrilled that an outstanding leader like Mark will head the Board,” said Mr Knight. 

“I intend to continue to work to promote the company’s business in my new role (as chairman emeritus) for as long as I can contribute to Nike’s success and long-term growth,” he added.

Related stories:

Nike names new VP for North America 10/10/2016
Shift in golf strategy at Nike 04/08/2016
Nike misses revenue projections 29/06/2016
Nike teams up with Federer for fashion range 24/06/2016
Change at the top for Nike basketball in NBA contract build-up 17/06/2016
Nike turns to Louis Vuitton for latest design collaboration 15/06/2016
Nike to continue Sharapova sponsorship despite ban 09/06/2016
Nike supporting drive to make Chinese children more active 07/06/2016

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.