Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
LOS ANGELES Nike co-founder Phil Knight today resigned as president and CEO, but he will remain chairman, the athletic footwear and apparel company confirmed. William Perez, 57, was named to succeed Knight.
Perez was a career executive with S.C. Johnson & Co., where he spent 34 years and rose to president and CEO in 1996.
“Nike’s current management team, led by brand presidents Charlie Denson and Mark Parker, is the strongest it’s ever been,” said Knight in a statement.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in