{"id":501712,"date":"2016-06-30T17:58:54","date_gmt":"2016-06-30T21:58:54","guid":{"rendered":"https:\/\/www.snkrsday.com\/?p=501712"},"modified":"2016-06-30T18:40:21","modified_gmt":"2016-06-30T22:40:21","slug":"nike-co-founder-phil-knight-officially-rtires","status":"publish","type":"post","link":"https:\/\/www.snkrsday.com\/nike-co-founder-phil-knight-officially-rtires\/","title":{"rendered":"Nike Co-Founder Phil Knight Officially Retires from Board of Directors"},"content":{"rendered":"

Nike<\/strong> co-founder Phil Knight<\/strong> has retired from the board of directors. Mark Parker, CEO and brand president, will now act as Nike Chairman.<\/p>\n

Knight first announced that he would step down last summer. Now, almost a year to the date, those claims ring true. Knight has done so by\u00a0selling his remaining supervoting shares in Swoosh LLC. His son, Travis Knight, now has 2\/3 voting control.<\/p>\n

Nike has also announced the appointment of Apple CEO Tim Cook to the position of lead independent director of the board. Cook has been a member of the Nike board since 2005.<\/p>\n

Knight, with this new move, has been appointed chairman emeritus. Stay tuned for more on this story as it continues to develop.<\/p>\n

source: germannotes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nike co-founder Phil Knight has retired from the board of directors. Mark Parker, CEO and brand president, will now act…<\/p>\n","protected":false},"author":137731,"featured_media":501713,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1224791],"tags":[1225736,1205932],"cultivate_rss":[],"class_list":{"2":"type-post"},"acf":[],"yoast_head":"\nNike Co-Founder Phil Knight Officially Retires from Board of Directors | Snkrs Day<\/title>\n<meta name=\"description\" content=\"Where to buy Nike Co-Founder Phil Knight Officially Retires from Board of Directors shoes. 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