PSU news by
Penn State's student blog

Topics

About

Penn State Alumnus Mark Parker Recommended To Become Nike Chairman

Penn State alumnus Mark Parker, who has served as President and CEO of Nike since 2006, is being recommended to replace Phil Knight as chairman of the company, according to a release from Knight. Knight, co-founder and current chairman of the worldwide sports apparel provider, plans to step down from the role in 2016.

“I believe Mark is the best choice to succeed me,” Knight said in the release. “He has been an outstanding CEO for the past nine years, and has demonstrated time and again his love for this company and his clear vision for capturing the tremendous potential Nike has to innovate, inspire, and drive growth.”

Parker, who graduated in 1977 with a degree in political science, has been with Nike since 1979. While attending Penn State, Parker was a runner for the Nittany Lions on both the cross country and track teams. Originally hired to Nike as a shoe designer, Parker worked his way through the ranks to eventually be named President and CEO of the successful company.

Despite the influential recommendation from Knight, Parker will still have to maneuver the governance regulations in place for selecting someone as important as a new chairman. Though the current chairman believes Parker is the best choice for the position, Nike’s Board of Directors will have the final say when the new chairman is officially selected sometime in 2016.

About the Author

Lexi Shimkonis

Lexi is an editor-turned-staff writer who can often be found at either Irving's or the Phyrst (with the chances she'll have her backpack being the same). Lexi is a senior hailing from Spring City, PA (kind of) and studying Civil Engineering. Please email questions and/or pleas for an Instagram caption to [email protected], or for a more intimate bond, follow her on Twitter @lexshimko.

Comments

More by Lexi

A Special, Precious, & Eventful Experience: Lexi Shimkonis’ Senior Column

“And here in this lovely, intriguing spot called Penn State, each of us staked our own special, precious, and eventful life.” — Ross Lehman

Homecoming To Replace King And Queen With Gender-Neutral Court

[Video] An Interview With Line Dance Leader Gina DeFrancesco

Athletics

Penn State Women’s Soccer Beats Duquesne 6-0

Emily Ogle, Frankie Tagliaferri, Kerry Abello, Rachel Wasserman, and Kim Dubs scored for the Nittany Lions in Sunday’s lopsided victory.

Shea Moyer Lifts Penn State Women’s Soccer Past West Virginia 1-0

Penn State Women’s Soccer Poised For Strong 2018 Season

Incoming Penn State Track & Field Athlete Kristian Marche Shot To Death In Philadelphia

Former Women’s Gymnastics Coach Files Lawsuit Against Penn State Over Handling Of Abuse Allegations

Student Life

Student Body President Cody Heaton Welcomes Class of 2022 At Convocation

UPUA President Cody Heaton welcomed the incoming Class of 2022 Saturday evening with an inspiring speech.

Start The Semester Off Right With These Welcome Week Activities

Nike Releases New Penn State Sneakers

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

Join Onward State: Fall 2018 Application

Onward State is hiring for the fall semester and we’d love to have you join us.

Penn State Officially Welcomes Class Of 2022 At Convocation

The Class of 2022 joined the Penn State family Saturday evening at Convocation.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Assessing Penn State’s Front Seven Following Tuesday’s Medical Retirements

Penn State’s defensive line rotation will be shaken up following Ryan Buchholz’s medical retirement from football, while the coaching staff is letting the linebackers duel it out during camp.

Send this to a friend