Phil Knight Says Goodbye to the Swoosh, Mark Parker Set to Lead Nike

Is the Swoosh in good hands?

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It’s official, Nike’s Chairman in Phil Knight has lifted his jersey into the rafters and is saying goodbye to the board of directors. This will result in Mark Parker taking the chairman position in addition to the roles of president and CEO, which he currently holds.

Nike’s strategic plan is developing before our eyes with this news. Raising the bar is key for Parker as he states that “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 has also been given the role of Chairman Emeritus, which entails an invitation to take part in Nike’s board meetings to provide insight to foster success for the Swoosh.

Nike has also designated Tim Cook, CEO of Apple, as the lead independent director of the board. All effective promptly, this promises a new day and a new future for a company who’s name coincides with victory.

What are your thoughts upon Nike’s latest news?

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