Nike Appoints Apple CEO Tim Cook as Lead Independent Director

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: Tim Cook, Nike+

Top Rated Comments

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555gallardo

39 months ago

Hope we'll see some new shoe laces!

Rating: 23 Votes

Soccertess

39 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.

Rating: 18 Votes

tw1ll

39 months ago

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

Rating: 17 Votes

keysofanxiety

39 months ago

Innovative shoelaces!

Soldered shoelaces! :D

Rating: 13 Votes

btrach144

39 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.

Rating: 12 Votes

Borin

39 months ago

Not that he's done a bad job.

That isn't something you hear a lot around here.

Rating: 10 Votes

Michael Scrip

39 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. ;)

Rating: 10 Votes

lars666

39 months ago

I kind of wonder if Cook would be a better CEO of Nike than he is of Apple.

Not that he's done a bad job.

He would be an exactly as good or bad CEO of Nike than he is of Apple – which perfectly summarizes his problem in comparison to Steve Jobs: Tim Cook is a data accounting man with no real passion for the product itself. (As ridiciously hard as he tries to pretend in the keynotes in the good old Steve way ...) Cook could also be CEO of a toilet paper company or an oil firm as of tomorrow. Which is okay, most CEOs are probably like this – but IMO it's not the trait which drove Apple from nearly insolvent to most valuable company of the world in 15 years.

Personally I think he was a much better COO.

Rating: 9 Votes