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  1. A former track athlete and businessman, Phil Knight co-founded Nike, originally called Blue Ribbon Sports, in 1964 to sell running shoes, and led the company as CEO and Chairman for decades as it became a global sporting giant. Under Knight, Nike revolutionized athletic shoes with innovative new technologies like Air cushioning and became a ...

  2. Aug 17, 2022 · Knight, who remains chair emeritus of Nike, ran track at the University of Oregon. He remains an Oregon sports superfan. Two highly regarded former Nike executives are on Division Street's...

    • Matthew Kish
    • He Founded The Company with His Track Coach Bill Bowerman in 1964
    • He Married His Wife Penny in 1968
    • His Son Died in 2004 in A Scuba Diving Accident
    • He's Donated Billions to Various Charities
    • He Was Part of Nike's Effort to Make A Deal with Michael Jordan
    • He Was Amused by Ben Affleck's Portrayal of Him in Air
    • He Wrote A Book About His Life and Professional Accomplishments
    • He Is The Owner of A Stop-Motion Animation Studio
    • He Stepped Down from Nike in 2016

    Knight first crossed paths with his future partner Bowerman at the University of Oregon. Bowerman coached the school's track and field club, which Knight joined after enrolling at the university in 1957. After graduating from Oregon and enrolling at Stanford Graduate School of Business, Knight came up with the idea to import high-quality, comfortab...

    Though Knight found some early success with Blue Ribbon Sports, it wasn't quite enough to quit his day job for the first few years. In addition to keeping up his accounting career, he became an accounting professor at Portland State University, where he first met his future wife, Penelope "Penny" Parks. The two wed in September 1968 and went on to ...

    Knight's son Matthew died in 2004 during a diving trip with his friends at a lake east of San Salvador. Matthew was only 34, and Knight spoke about how painful the sudden loss was in both his book and interviews at the time. The Nike founder shared how he received thousands of letters and emails expressing their condolences, but one stood out to hi...

    Knight has previously said that he plans to give away most of his fortune by the end of his life. "By the time, you know, the lives of my children and their kids run out, I will have given most of it to charity," the Nike co-founder told CBS Sunday Morning in 2016. He primarily donates to his two alma maters, the University of Oregon and Stanford U...

    In the early 1980s, Knight's company was in a rut. The company posted a loss in 1984, and its stocks struggled after going public in 1980. Knight wanted the company to break into the basketball playing ground, and one of his salesmen, Vaccaro, had a vision to make a deal with Jordan, who was just a rookie at the time. Though Knight was hesitant to ...

    In a March 2023 appearance on Jimmy Kimmel Live!, Affleck shared that he flew to Oregon to show Knight the movie before it aired on the big screen. Though he was nervous to see Knight's reaction, the former Nike CEO enjoyed the movie and was "remarkably gracious." Affleck explained to Kimmel that the goal wasn't to make a documentary, but a comedic...

    In 2016, Knight released a memoir, Shoe Dog, about his personal life and how he founded Nike. He defined a "shoe dog" as someone who devotes their life to buying, making and selling shoes. The book touches on the more sensitive aspects of his life, including the loss of his son in 2004. He also shared the background of some of Nike's iconic moments...

    In addition to his career in the athletic industry, Knight found a second passion in Hollywood as the owner of an animation company, Laika Entertainment. After making an initial investment in the company, then known as Will Vinton Studios, Knight purchased it fully and rebranded as Laika in 2003, named after the dog of the same name that was sent b...

    Knight announced he was stepping down as the chairman of Nike in June 2015, and officially retired exactly one year later, according toForbes. Knight named Mark Parker, the CEO of Nike, as his successor in the role, though he added he would continue to be involved with the company as chairman emeritus. "For me, Nike has always been more than just a...

    • Rebecca Aizin
  3. en.wikipedia.org › wiki › Phil_KnightPhil Knight - Wikipedia

    Philip Hampson Knight (born February 24, 1938) is an American billionaire business magnate who is the co-founder and chairman emeritus of Nike, Inc., a global sports equipment and apparel company. He was previously its chairman and CEO. [1] . As of December 2023, Forbes estimated his net worth at $45.0 billion.

  4. Jul 13, 2017 · July 13, 2017. Phil Knight, former chair and CEO of Nike, tells the story of starting the sports apparel and equipment giant after taking an entrepreneurship class at Stanford and teaming...

  5. Aug 19, 2017 · After 51 years devoted to Nike, 77-year-old Knight announced his plans to step down as chairman last month. He hasn’t given up the reins yet, but Nike said that it hopes to name Knight’s ...

  6. May 16, 2022 · By Jean E. Palmieri. May 16, 2022, 12:01am. Nike CEO John Donahoe Meron Menghistab/WWD. John Donahoe was already a highly seasoned executive when he took over the helm of Nike Inc. in...

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