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Nike Appoints Apple CEO Tim Cook as Lead Independent Director

Thursday June 30, 2016 2:49 PM PDT by Juli Clover

timcook Nike today announced some changes to its board of directors, which will see Apple CEO Tim Cook serving as lead independent director going forward. Cook has been a member of Nike's board since 2005, serving as chair of the Compensation Committee and as a member of the Nominating & Corporate Governance Committee.

Nike Chairman Phil Knight has also retired from the board of directors and is being replaced by Mark Parker, who has served as Nike's president and CEO since 2006, in a transition that was first announced a year ago.

In addition to serving on Nike’s board of directors, Apple CEO Tim Cook also serves on the board of directors for the Robert F. Kennedy Center for Justice and Human Rights, a role he was appointed to earlier this year.

Tags: Nike+, Tim Cook

Top Rated Comments

555gallardo

125 months ago

Hope we'll see some new shoe laces!

Score: 23 Votes (Like | Disagree)

Soccertess

125 months ago

Not that he's done a bad job.

I wish he became the CEO of Nike, or anything other than Apple. I haven't seen Apple create any amazing new products under his leadership, and if anything Apple's product line is as weak as it's ever been.

Score: 18 Votes (Like | Disagree)

tw1ll

125 months ago

Stick to your day job....you have enough trouble getting the right results for shareholders at Apple.

Score: 17 Votes (Like | Disagree)

keysofanxiety

125 months ago

Innovative shoelaces!

Soldered shoelaces! :D

Score: 13 Votes (Like | Disagree)

btrach144

125 months ago

Lol Cook can't even run Apple and here he is trying to run the US government and now part of Nike. Tim lacks laser focus, which shows. Apple's product lines are bloated and old. Steve Jobs came back to Apple and cleaned up the product lines. I think we need Steve 2.0 to fix Apple.

Score: 12 Votes (Like | Disagree)

Michael Scrip

125 months ago

Apple's product lines are bloated and old. Steve Jobs came back to Apple and cleaned up the product lines. I think we need Steve 2.0 to fix Apple.

Apple has a lot of products because they are a mature company... reaching hundreds of millions of customers a year. And those customers have different tastes, needs and budgets.

It's a lot different than it was in 1997.

Why does Ford sell 17 different models? All they really need is a family sedan and a pickup truck. ;)

Score: 10 Votes (Like | Disagree)

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