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Nike Chair Phil Knight Stepping Down

Phil Knight, chair of Nike Inc. (Beaverton, Ore.), announced plans to step down from his current role, a move that will end his 51-year tenure as head of the company.

Knight co-founded Nike with Bill Bowerman in 1964, creating the company from the backseat of Knight’s car.

Forbes reports that Nike intends to name a replacement in 2016. Knight stated that he would like current Nike ceo Mark Parker to take the position.

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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VMSD Staff
9 years ago

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