nike founder jeff johnson net worth

Didn't get Bo Jackson re-signed? Thought Ryan Leaf would be a better quarterback than Peyton Manning? 'Yeah, I know,' I said.

"Later, Johnson comes up with the company name, an act of desperation for the production of the company's first shoe. Immediately, Knight's ownership in shares made him worth $178 million. Today, Nike contract factories "are among the best in the world," Knight writes, adding:Note to readers: if you purchase something through one of our affiliate links we may earn a commission.Registration on or use of this site constitutes acceptance of our And while it's been told in other books and countless news articles, this is the first time the protagonist has truly opened up about his recollections of Nike's early history.So many previous tellings of the Knight legend have emphasized the father-like influence of University of Oregon track coach Bill Bowerman. 'Maybe it'll grow on us,' he said.Knight detractors may be satisfied to see the book serves as a confessional in which he lists a variety of sins. Philip Hampson Knight (born February 24, 1938), is an American billionaire businessman and philanthropist. Had a falling out with valued employee and friend Rob Strasser that remained contentious until Strasser died? View Jeff Johnson’s profile on LinkedIn, the world's largest professional community. Doubted Magic Johnson would make it in the NBA? The company sought the best factories then worked with them to improve conditions, Knight writes.He expresses regret at his defensiveness when the company came under repeated attack over the issue two decades ago. Grier claimed the WRC had not yet incorporated, had not yet filed as a non-profit, and served no public purpose justifying a dues payment.Also controversial was Knight's success in lobbying for former insurance executive Pat Kilkenny to be named as athletic director at the university.In October 2008, Knight and his wife pledged US$100 million to the OHSU Cancer Institute, the largest gift in the history of In October 2010, Knight donated several million dollars to the On May 18, 2012, Knight contributed US$65,000 to a higher education On September 27, 2013, Knight announced to the audience at the OHSU Knight Cancer Institute's biennial gala, when he announced his intention to donate US$500 million for research if OHSU could match it over the subsequent two years.Knight and wife Penny also donated to the Marylhurst Knights Opportunity Scholarship Program at In December 2016, Knight disclosed that he had gifted $112 million in Nike stock to charity.On February 24, 2012, Knight was announced as a 2012 inductee of the In 1989, Knight received the Golden Plate Award of the Knight met his wife, Penelope "Penny" Parks, while he was working at Portland State University and the pair were married on September 13, 1968.Knight's son, Matthew, died in a scuba diving accident in El Salvador in 2004. Jeff Bezos is worth more than Nike, McDonald's and Costco. When Knight finally received the shoe samples, he mailed two pairs to Bowerman at the University of Oregon, hoping to gain both a sale and an influential endorsement. Nike co-founder Bill Bowerman, inventing. The two men agreed to a partnership by handshake on January 25, 1964, the birth date of Blue Ribbon Sports (BRS), the company that would later become Nike.Knight's first sales were made out of a now storied green Jeff Johnson, Nike's first employee, suggested calling the firm "Nike," named after the Greek At Nike, Knight developed personal relationships with some of the world's most recognizable athletes, including Citing mismanagement, Knight eventually purchased Will Vinton Studios and assumed control of the company's board with the cooperation of Nike executives. It's a fascinating story. The swoosh logo is now regarded as one of the most recognizable in the world, but Knight famously said at the time of its adoption: "I don't love it. 'I don't know,' I said.

In late 2003, Knight appointed his son to the board and, after Vinton had stepped down— prior to leaving the company with a severance package —Knight rebranded the company In May 2004, two years after Knight bought Vinton, his son Matthew, aged 34 years, traveled to Knight resigned as the CEO of Nike on November 18, 2004, several months after his son Matthew's funeral,During the 2009-2010 period, Knight was the largest single contributor to the campaign to defeat 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.In June 2015, Knight and Nike announced that he would step down as the company's chairman, with president and CEO Mark Parker to succeed him.In 2016, it was announced that Knight contributed $400 million to start the Knight has donated hundreds of millions of dollars to the University of Oregon. In response, athletic director Pat Kilkenny said: "This extraordinary gift will set Oregon athletics on a course toward certain self sufficiency and create the flexibility and financial capacity for the university to move forward with the new athletic arena." 5. Knight made the final call." Didn't give enough -- or any -- praise to his employees? Knight describes the circumstances of the accident as well as the heartbreaking moment when he and Penny heard the news.Knight's definition of family extends to his co-workers, particularly a core group of men who helped start the company, especially first full-time employee Jeff Johnson and fourth full-time employee Bob Woodell.Pivotal moments in the company history are moments of comedy, such as the creation of the swoosh logo by "When I got back to Oregon I invited her to the office again and told her we needed a logo. Woodell and Knight debate the merits of Nike, the Greek goddess of victory, among other choices. Knight ran for the Ducks in his undergrad days and later sought his old coach as a company co-founder.In "Shoe Dog," however, we learn there was another, much more influential father figure in Knight's life -- William "Bill" Knight, Knight's father, whose own history was rooted in humble beginnings in Roseburg.Time and again, the book describes Knight seeking and receiving his father's help. 'Hm,' he said. Maybe it will grow on me. 'That gives me a lot to go on,' she said. Major gifts include funds supporting the renovation of the In August 2007, Knight announced that he and his wife would be donating US$100 million to found the UO Athletics Legacy Fund to help support all athletic programs at the university. The book's assessment includes the flaws of his father, the former publisher of the Oregon Journal. 'Motion,' she said, dubious.Knight doesn't care for the fat checkmark Davidson produces. Guilty. 'Something that evokes a sense of motion,' I said.


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