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Nike is cutting 2% of its global workforce, or little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvest its savings into what it sees as big growth areas like sport ...
By 1969, these early sales allowed Knight to leave his accountant job and work full-time for Blue Ribbon Sports. [14] Jeff Johnson, Nike's first employee, suggested calling the firm "Nike," named after the Greek winged goddess of victory, [16] and Blue Ribbon Sports was subsequently renamed Nike in 1971. [17]
Davidson continued working for Blue Ribbon Sports (it officially became Nike, Inc. in 1972) until the design demands of the growing company exceeded one person's capacity. In 1976, the company hired its first external advertising agency, John Brown and Partners, and Davidson went on to work on other clients' needs. [1]
John Joseph Donahoe II (born April 30, 1960) [1] is an American businessman who was the CEO of Nike from January 2020 to October 2024. [2] Early in his career, he worked for Bain & Company, becoming the firm's president and CEO in 1999. [3] He is on the board of directors at Nike, [4] The Bridgespan Group [5] and is chairman of PayPal.
Raveling became Sonny's competitor in the same position at Nike. [5] Vaccaro was a key figure in the O'Bannon v. NCAA lawsuit, which allowed players to be compensated for appearances in video games. [6] Vaccaro helped to recruit Ed O'Bannon for the case. [7]
Robert Jay Strasser (5 October 1947 – 15 October 1993) [1] was a pioneering figure in the sports apparel industry, playing instrumental roles at Nike and Adidas.He was notably involved in the launch of the Air Jordan line at Nike and later helped rejuvenate Adidas as a significant competitor.