On the 50th anniversary of the Nike brand, it is “hard to overstate the company’s utter dominance in the athletic footwear and apparel industry,” according to Jeff Manning of the Portland OREGONIAN. Nike’s sales "currently approach $50 billion a year," a sum "greater than the gross domestic product of Tunisia." Now 84, Nike Founder PHIL KNIGHT “no longer chairs” Nike’s BOD and “has no formal position with the company, though he's still a frequent visitor" to Nike’s 286-acre campus. He is an "active philanthropist, giving away hundreds of millions of dollars,” much of it to his "beloved alma mater," the Univ. of Oregon. But Knight has “taken steps to ensure his name will be associated with Nike for years to come.” He formed the company Swoosh to “hold his millions of shares of Nike stock.” And he “sold a controlling interest” in Swoosh to his son, TRAVIS. Most of Travis’ shares are the "powerful Class A shares, which elect most of the board," ensuring a Knight will "continue to wield huge influence at Nike” (Portland OREGONIAN, 5/1).
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SBJ I Factor presented by Allied Sports: With Renee Washington of USA Track & Field This episode features Renee Washington, chief operating officer for USA Track & Field, talking with SBJ’s Abe Madkour about her leadership style, what she looks for in a new hire, and how her career was influenced by spending 10 years as a stay-at-home mom. Washington is a member of SBJ’s Game Changers class of 2017.
Trajektory is built by former industry leaders and is changing the way organizations value and report on their sponsorship assets. Alex Kerr (Trajektory) and Kaitlin Donahoe (Pittsburgh Penguins) call out how inefficient and ineffective the current sponsorship reporting process is, and how to make a change that will help save time, grow revenue, and improve client relationships. For more information go to trajektory.com.
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