NIKE, Inc. Announces the Retirement of John Thompson, Jr. From its Board of Directors
May 27 2020 - 4:15PM
Business Wire
Thompson Will Continue to Advise Board in
Director Emeritus Role
NIKE, Inc. (NYSE: NKE) today announced that John Thompson, Jr.,
a director of the Company since 1991 and former Head Coach of the
Georgetown University men’s basketball team, has decided to retire
and will not stand for re-election to the NIKE, Inc. Board of
Directors at the September 2020 Annual Meeting of Shareholders. Mr.
Thompson’s retirement will be effective as of the end of Nike’s
fiscal year on May 31, 2020 after which he will serve the board as
a Director Emeritus.
“We’d like to thank Coach Thompson for his countless
contributions to Nike and to the world of sport. His leadership
transcends all arenas, and we will forever be grateful for his
insights, experience and example,” said Mark Parker, Executive
Chairman of Nike, Inc. “We look forward to continuing to benefit
from his guidance as he transitions into the role of Director
Emeritus.”
“I’ve known John Thompson for almost 50 years and Nike would not
be the company it is today without his many contributions,” said
Phil Knight, Nike, Inc. Co-Founder and Chairman Emeritus. “He’s
long been recognized as a pioneer, a leader and a hall of famer in
the game of basketball. For Nike, it’s his wisdom that sets him
apart and I know as Director Emeritus he’ll continue to provide the
board with the unique insights that have defined him.”
About NIKE, Inc.
NIKE, Inc., based near Beaverton, Oregon, is the world’s leading
designer, marketer and distributor of authentic athletic footwear,
apparel, equipment and accessories for a wide variety of sports and
fitness activities. Wholly-owned subsidiary brand Converse designs,
markets and distributes athletic lifestyle footwear, apparel and
accessories. For more information, NIKE, Inc.’s earnings releases
and other financial information are available on the Internet at
http://investors.nike.com. Individuals can also visit
http://news.nike.com and follow @NIKE.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200527005828/en/
Media Contact Mark Rhodes (503)
532-8877
Investor Contact Andy Muir (971)
473-3143
Nike (NYSE:NKE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Nike (NYSE:NKE)
Historical Stock Chart
From Sep 2023 to Sep 2024