He has soo much control over sports world!
He is "Phil knight"
Philip Hampson "Phil" Knight (born February 24, 1938) is an American business magnate and philanthropist. A native of Oregon, he is the co-founder and chairman emeritus of Nike, Inc., and previously served as chairman and CEO of the company.[2] In November 2015, Forbes named Knight the 15th richest person in the world, with an estimated net worth of US$28.1 billion.[3] He is also the owner of the stop motion film production company Laika.
As a middle-distance runner at UO, his personal best was 1 mile (1.6 km) in 4 minutes, 10 seconds,[9] and he wonvarsity letters for his track performances in 1957, 1958 and 1959. In 1977, together with Bowerman and Geoff Hollister, Knight founded an American running team called Athletics West.
Business:
Before the Blue Ribbon Sports business that would later become Nike flourished, Knight was a Certified Public Accountant(CPA), firstly with Price Waterhouse, and then Coopers & Lybrand. Knight then became an accounting professor atPortland State University (PSU).
Nike
Immediately after graduating from the University of Oregon, Knight enlisted in the Army and served one year on active duty and seven years in the Army Reserve.[5] After the year of active duty, he enrolled at Stanford Graduate School of Business.[5] In Frank Shallenberger's Small Business class, Knight developed a love affair with something besides sports — he discovered he was an entrepreneur. Knight recalls in aStanford Magazine article:[5] "That class was an 'aha!' moment ... Shallenberger defined the type of person who was an entrepreneur--and I realized he was talking to me. I remember after saying to myself: 'This is really what I would like to do.'" In this class, Knight needed to create a business plan. His paper, "Can Japanese Sports Shoes Do to German Sports Shoes What Japanese Cameras Did to German Cameras?," essentially was the premise to his foray into selling running shoes. He graduated with a master's degree in business administration from the school in 1962.[5]
Knight set out on a trip around the world after graduation, during which he made a stop in Kobe, Japan, in November 1962. It was there he discovered the Tiger-brand running shoes, manufactured in Kobe by the Onitsuka Co. So impressed was he with the quality and low cost, Knight made a cold call on Mr. Onitsuka, who agreed to meet with him. By the end of the meeting, Knight had secured Tiger distribution rights for the western United States.[12]
The first Tiger samples would take more than a year to be shipped to Knight, during which time he found a job as an accountant in Portland. When Knight finally received the shoe samples, he mailed two pairs to Bowerman at UO, hoping to gain both a sale and an influential endorsement. To Knight's surprise, Bowerman not only ordered the Tiger shoes, but also offered to become a partner with Knight and provide product design ideas. The two men agreed to a partnership by handshake on January 25, 1964, the birth date of Blue Ribbon Sports, the company name that would later be transformed into Nike.
Knight's first sales were made out of a now legendary green Plymouth Valiantautomobile at track meets across thePacific Northwest. By 1969, these early sales allowed Knight to leave his accountant job and work full-time for Blue Ribbon Sports.[12]
Jeff Johnson, a friend of Knight, suggested calling the firm "Nike," named after the Greek winged goddess of victory. Nike's "swoosh" logo, now considered one of the most powerful logos in the world, was commissioned for a mere US$35 from Carolyn Davidson in 1971.[14] According to Nike's website, Knight said at the time: "I don't love it, but it will grow on me." In September 1983, Davidson was given an undisclosed amount of Nike stock for her contribution to the company's brand. On the Oprah television program in April 2011, Knight claimed he gave Davidson "A few hundred shares" when the company went public.
Vinton studios
Vinton studios
Following mainstream success in the late 1990s, the animation company Will Vinton Studios experienced very rapid growth and Vinton needed to court external investors—Knight was one of the wealthy businessmen that he approached. Knight subsequently assumed a 15 percent stake in the company in 1998 and facilitated the employment of his son Travis, who had graduated from PSU following an unsuccessful attempt at a rap music career, as an animator.[16]
Following a period of severe mismanagement, Knight eventually purchased Will Vinton Studios and assumed control of the company's board with the cooperation of Nike executives. In late 2003, Knight appointed his son to the board, who had proven himself as an adept animator since joining the company, and after Vinton stepped down from the board—prior to leaving the company with a severance package—Knight rebranded the company Laika. Knight invested US$180 million into Laika following Vinton's departure and the studio released its first feature film,Coraline (in stop motion), in 2009.Coraline was a financial success and Travis Knight was promoted into the roles of Laika CEO and President in the same year.
Death of
Mathew Knight
In May 2004, two years after Knight bought Vinton, his son Matthew, aged 34 years, traveled to El Salvador to film a fund-raising video for Christian Children of the World, a Portland nonprofit organization. However, while scuba diving with colleagues in Lake Ilopango, near San Salvador, he died immediately from a heart attack 65 feet (20 m) underwater due to an undetected congenital heart defect. Knight and Travis traveled to El Salvador to return Matthew Knight's body to the U.S. and Travis explained in 2007, "It brought the family closer. You realize all this can go away in a minute."[17] Laika Studio's 2005 short film Moongirl was dedicated to Matthew's memory.
Knight resigned as the CEO of Nike on November 18, 2004, several months after his son Matthew's funeral,[17] but retained the position of chairman of the board.[18][19] Knight's replacement wasWilliam Perez, former CEO of S.C. Johnson & Son, Inc., who was eventually replaced by Mark Parker in 2006.[20]
Post Nike CEO role
Knight resigned as the CEO of Nike on November 18, 2004, several months after his son Matthew's funeral,[17] but retained the position of chairman of the board.[18][19] Knight's replacement wasWilliam Perez, former CEO of S.C. Johnson & Son, Inc., who was eventually replaced by Mark Parker in 2006.[20]
During the 2009-2010 period, Knight was the largest single contributor to the campaign to defeat Oregon Ballot Measures 66 and 67, which, once passed, increased income tax on some corporations and high-income individuals.[21]
According to a February 10, 2012 filing by attorney John F. Coburn III, on behalf of Knight, Knight owned 67,097,005 shares of Class A Common Stock and 7,740 shares of Class B Common Stock in the Nike corporation.[22]
In June 2015, Knight and Nike announced that he would step down as the company's chairman, with president/CEO Mark Parker to succeed him. However, a date had not been set for his departure, and he said he plans to remain involved in the company.[23][24]Knight's retirement from the Nike board took effect at the end of June 2016.
Memoir
During the 2009-2010 period, Knight was the largest single contributor to the campaign to defeat Oregon Ballot Measures 66 and 67, which, once passed, increased income tax on some corporations and high-income individuals.[21]
According to a February 10, 2012 filing by attorney John F. Coburn III, on behalf of Knight, Knight owned 67,097,005 shares of Class A Common Stock and 7,740 shares of Class B Common Stock in the Nike corporation.[22]
In June 2015, Knight and Nike announced that he would step down as the company's chairman, with president/CEO Mark Parker to succeed him. However, a date had not been set for his departure, and he said he plans to remain involved in the company.[23][24]Knight's retirement from the Nike board took effect at the end of June 2016.
Memoir
In late 2015, Phil Knight announced that he was writing a book about his early days with the Nike brand. The memoir is titled Shoe Dog and was released on April 26, 2016.[27]
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In late 2015, Phil Knight announced that he was writing a book about his early days with the Nike brand. The memoir is titled Shoe Dog and was released on April 26, 2016.[27]
All the best to achieve all your goals in life!
If u liked this blog... Do..like..Share
follow me on:
G+ .Scroll Down
Facebook Info_6
YouTube Subscribe
follow me on:
G+ .Scroll Down
Facebook Info_6
YouTube Subscribe
Thank You ^_^
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