NIKE Inc. officially announced, on the company's website, the appointment of Tim Cook (CEO Al Apple Inc.) according to “lead independent director“. It is not known at the moment what will be exactly the duties of Tim Cook within Nike, but it is known that he is a member of the management board of the sports articles company, since 2015. Not infrequently, Tim Cook was seen wearing in hand bratari Nike FuelBand and Nike sports shoes, in leisure time.
This appointment of Tim Cook comes after the withdrawal ofPhil Knight from the management board of Nike and the appointment ofMark parks. The latter was already director of Nike.
It is not known exactly what will be the impact of these changes in the management of Nike and / or Apple. It is certain that the tradition of tradition between the two companies will continue. Apple has been included for several years the Nike Running application on its mobile devices. iPhone and Apple Watch.
Communicated Nike Inc:
“NIKE, Inc. and Phil Knight Complete Planned Chairman Succession
BEAVERTON, Ore.–(BUSINESS WIRE)–NIKE, Inc. (NYSE:NKE) today announced that NIKE Chairman Phil Knight has retired from the Board of Directors and the Board has appointed Mark Parker, NIKE’s President and CEO since 2006, to the additional position of Chairman, effective immediately. This is the completion of the planned transition that was initiated a year ago.
“Phil’s impact on NIKE is immeasurable,” said Parker. “His entrepreneurial drive is and always will be part of our DNA. Along with NIKE’s exceptional management team, I am committed to leading our next era of innovation and growth as we serve and inspire athletes throughout the world.”*
The Board has also appointed Knight to the position of Chairman Emeritus, with a standing invitation to attend NIKE Board meetings as an observer and to lend his experience and time to further the growth of NIKE’s business.
“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 Knight. “I intend to continue to work to promote the company’s business in my new role for as long as I can contribute to NIKE’s success and long-term growth.”*
The Company also announced today that Tim Cook, CEO of Apple, has been appointed lead independent director of the Board, effective immediately. Cook has been a NIKE director since 2005, is chair of the Board’s Compensation Committee and serves as a member of the Nominating & Corporate Governance Committee.
Knight today announced that he has sold his voting interests in Swoosh, LLC, the company he formed over a year ago to hold the majority of his shares of NIKE Class A Common Stock, to a trust controlled by his son and NIKE director, Travis Knight. After the sale of Swoosh voting interests, Travis controls two of the five votes on the Swoosh Board, with the remaining three votes exercised by NIKE directors Mark Parker, Alan Graf, Jr., and John Donahoe.”
