who owns nike Updated in 2022 ❤️

4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.

What are the names of companies owned by Nike?

Oct 20, 2020 · Business / By Gennaro Cuofano / October 19, 2020. October 19, 2020. The top individual shareholder is Travis A. Knight, son of Philip Knight, co-founder of Nike, with a 12.9% stake of Class A stocks and 3.2% stake of Class B stocks. On the other hand, the Knight family also keeps tight control of the company through their Trusts and an LLC called Swoosh (the …

What companies does Nike own?

Apr 05, 2020 · Nike, Inc. has no single specific owner. According to Nasdaq, the company is a publicly traded one, with its shares listed on the New York Stock Exchange under the symbol NKE. As of May, 2014, 83.29 percent of Nike’s shares were owned by institutions. The Vanguard Group, Inc. is the largest institutional holder of shares, with over 41 million shares total.

What brand does Nike own?

Jul 16, 2020 · BlackRock owns 91.0 million shares of Nike, representing 5.9% of total shares outstanding, according to the company’s 13F filing as of March 31, 2020.

Who makes Nike products?

Most of Nike’s products are manufactured by independent contractors. The company sells its products direct-to-consumer through both its retail outlets and its digital platforms, as well as through independent distributors and retailers. 1 . The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., …

How much does Philip Knight own Nike?

Billionaire Philip Knight directly owns 29,154,487 shares of Class A and 11,385,687 shares of Class B Nike stock, representing 9.3% of outstanding Class A shares and 0.9% of outstanding Class B shares as of April 2, 2020; Knight owns 2.6% of all outstanding shares as of that date. 6 7 In 1964, Knight co-founded Blue Ribbon Sports, later to be renamed Nike, with his former track coach, Bill Bowerman. Over the next six decades, Nike would become one of the world’s biggest and most powerful brands in sports shoes and apparel, making Knight one of the worlds’ wealthiest persons. 8 Knight ran the company as president from 1968 to 1990, save for a brief interlude, and again from 2000 to 2004. Knight has served on the board of directors since the 1960s and retired as the chair after in June 2016. He was appointed Chair Emeritus, a non-voting board member. 9 He and his family are ranked 25th on the Forbes list of billionaires, with a net worth of $39.3 billion. 10

How many classes of stock does Nike have?

Note that Nike has two classes of stock. Class A, which are not available on the open market and are convertible into class B shares on a 1-for-1 basis; and Class B, the normal Nike shares available to all investors. 3 The primary difference is that holders of Class A shares elect 9 of the 12 members of Nike’s board, …

How many shares does Mark Parker own?

Mark Parker holds 1,450,813 shares of Nike stock, representing roughly 0.09% of outstanding shares. 11 Mark Parker serves as Executive Chair of Nike, having previously been the President, CEO, and chair for 14 years. Parker stepped down as CEO in 2019. 12 Parker’s career at Nike began in 1979 as a footwear designer, and he has also held executive leadership positions at the company in business lines such as Consumer Product Marketing, Global Footwear, and Nike Brand. 9

Why is Knight Management Center named Knight Management Center?

The campus was named “The Knight Management Center,” in honor of Knight’s philanthropic service to the school. In 2016, it was announced that Knight contributed $400 million to start the Knight-Hennessy Scholars graduate-level education program inspired by the Rhodes Scholarship.

How much money has Knight donated to the University of Oregon?

Knight has donated hundreds of millions of dollars to the University of Oregon. Major gifts include funds supporting the renovation of the Knight Library and construction of the Knight Law Center. Knight also established endowed chairs across the campus. In the fall of 2016, it was announced that Knight will donate $500 million to UO for a new three-building laboratory and research science complex. This donation was part of a series of large higher-education gifts. In 2021, Knight helped to fund the renovation of Hayward Field, a track and field stadium at the university. The project was estimated to cost $270 million, although Knight’s total contribution remained private.

What is the name of the Stanford University that Knight donated to?

Stanford University. In 2006, Knight donated US$105 million to the Stanford Graduate School of Business, which, at the time, was the largest ever individual donation to a U.S. business school. The campus was named “The Knight Management Center,” in honor of Knight’s philanthropic service to the school.

Travis Knight Joins NIKE Board of Directors

NIKE, Inc. (NYSE:NKE) and its Chairman, Phil Knight, today announced actions that will provide long-term stability in the ownership and governance of the company including transfer of ownership of Phil Knight’s shares to a Limited Liability Company.

Chairman Succession Planning Process Initiated

Knight and the NIKE Board of Directors announced the start of a succession planning process that will conclude in the appointment of NIKE’s next Chairman, which the Board currently expects to occur sometime in 2016. Knight has informed the NIKE Board of Directors of his recommendation to have Mark Parker succeed him as Chairman.

Travis Knight Appointed to Board of Directors

The Company also announced the appointment of Travis Knight to NIKE’s Board of Directors, effective immediately. Knight, 41, is President and CEO of the animation studio, LAIKA, LLC, which specializes in feature films.

Who is the founder of Nike?

Phil Knight, founder of shoe giant Nike, retired as chairman in June 2016 after 52 years at the company. Knight ran track at the University of Oregon and created Nike shoes with his former track coach, Bill Bowerman. In 1964, they each put up $500 to start what would become Nike, then called Blue Ribbon Sports.

Who created Nike shoes?

Knight ran track at the University of Oregon and created Nike shoes with his former track coach, Bill Bowerman. In 1964, they each put up $500 to start what would become Nike, then called Blue Ribbon Sports. Today Nike’s revenues top $37 billion.

Nike, Inc Ownership Highlights

Nike, Inc (NYSE:NKE) is owned by 83.30% institutional shareholders and by 1.22% insiders. The rest is owned by the public.

Institutional Owners of Nike, Inc

The top 10 institutional shareholders of Nike, Inc together own 323.31M shares, representing 25.33% of Nike, Inc’s total shares outstanding.

Mutual Funds Holding Nike, Inc

The top 10 mutual funds shareholders of Nike, Inc together hold 148.50M shares, representing 11.64% of Nike, Inc’s total shares outstanding.

Nike, Inc Ownership: A Close Look

The largest institutional shareholders of Nike, Inc are “Vanguard Group Inc” , “State Street Corporation” and “FMR Inc”. Those three own together 14.84% of NKE’s total shares outstanding.

Overview

Philip Hampson Knight (born February 24, 1938) is an American billionaire businessman. He is the co-founder and chairman emeritus of Nike, Inc., and was previously chairman and CEO of the company. As of July 23, 2020, Knight was ranked by Forbes as the 24th richest person in the world, with an estimated net worth of US$54.5 billion. He is also the owner of the stop motionfilm productio…

Early life

Phil Hampson Knight was born in Portland, Oregon, to Bill Knight, a lawyer turned newspaper publisher, and his wife, Lota Cloy (Hatfield) Knight. Knight grew up in the Portland neighborhood of Eastmoreland, and attended Cleveland High School. According to one source, “When his father refused to give him a summer job at his newspaper [the now defunct Oregon Journal], believing that his son should find work on his own,” Knight “went to the rival Oregonian, where he worked t…

Career

Before Blue Ribbon Sports—later Nike—flourished, Knight was a CPA, first with Coopers & Lybrand, and then Price Waterhouse. Knight then became an accounting professor at Portland State University.
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. He next enrolled at Stanfor…

Philanthropy

As of July 2021, Knight has a net worth of $60.8 billion. In 1990, Knight founded the Philip H. Knight Charitable Foundation Trust. As of 2016, according to Portland Business Journal, “Knight is the most generous philanthropist in Oregon history. His lifetime gifts now approach $2 billion.”
In 2006, Knight donated US$105 million to the Stanford Graduate School of Business, which, at the time, was the largest ever individual donation to a U.S. business school. The campus was name…

Accolades

In 2000, Knight was inducted into the Oregon Sports Hall of Fame for his Special Contribution to Sports in Oregon. At the time of his induction, he had contributed approximately US$230 million to UO, the majority of which was for athletics.
On February 24, 2012, Knight was announced as a 2012 inductee of the Naismith Memorial Basketball Hall of Fame, as a contributor. The Hall recognized him as the driving force behind Ni…

Personal life

Knight met his wife, Penelope “Penny” Parks, while he was working at Portland State University and the pair were married on September 13, 1968. They own a home in La Quinta, California.
Knight donated $3.5 million to Republican Knute Buehler during the 2018 Oregon gubernatorial election.
Knight’s son, Matthew, died in a scuba diving accident in El Salvador in 2004.

who owns nike