Home / Knowledge / News / Apparel/Garments / Nike CEO Parker replaces Knight as chairman
Nike CEO Parker replaces Knight as chairman
04
Jul '16
Courtesy: Nike
Courtesy: Nike
Sports goods marketer Nike has named its president & CEO Mark Parker as the new chairman following the retirement of Phil Knight from the Nike board of directors, effective immediately.

According to Nike, this is the completion of the planned transition that was initiated a year ago.

“Phil's impact on Nike is immeasurable and his entrepreneurial drive is and always will be part of our DNA,” Mark Parker said.

“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,” Parker added.

The Nike board has appointed Phil Knight to the position of chairman emeritus, with a standing invitation to attend Nike board meetings as an observer and to lend his experience.

“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,” Phil Knight also said.

“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,” he informed.

Additionally, Tim Cook, CEO of Apple who has been a Nike director since 2005, has been appointed lead independent director of the board, effective immediately. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search