Monday, August 3, 2015

Phil Knight Will Step Down From Role at Nike

It’s the end of an era at Nike. Phil Knight, co-founder and current chairman, the man who molded the nascent Blue Ribbon Sports into Nike, Inc., global sportswear giant, nike shoes new zealand is preparing to step down from the company he built.

Knight, who acted as CEO of Nike from its founding until 2004, is working with the company’s board of directors on a succession plan that will seamlessly transition to the next chairman. nike store new zealand That person is expected to be in place by 2016, and Knight has informed the board that his recommendation is Mark Parker, current Nike president and CEO.

Nike also announced that Phil Knight’s oldest son, Travis Knight, has been appointed to the board, effective immediately. The younger Knight is the president and CEO of LAIKA animation studio, known for such Oscar-nominated films as The BoxTrolls, ParaNorman and Coraline.

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