description Phil Knight Overview
Phil Knight is an American entrepreneur who co-founded the company that became Nike with track coach Bill Bowerman. Established as Blue Ribbon Sports in 1964, the business initially distributed Japanese running shoes before introducing Nike footwear and adopting the Nike name in 1971. Knight served for decades as the company's chief executive and later as board chairman, helping develop it into a major international athletic footwear and apparel business.
insights Ranking position
Phil Knight ranks #5 of 170 in the Entrepreneur ranking, behind Andrew Carnegie, ahead of Oprah Winfrey.
help Phil Knight FAQ
How did Phil Knight and Bill Bowerman start Nike?
Knight and his University of Oregon track coach Bill Bowerman founded Blue Ribbon Sports in 1964. The company initially sold shoes made by Japan's Onitsuka Tiger before launching its own Nike brand.
Where did the name Nike and the Swoosh logo come from?
The company adopted the name Nike from the Greek goddess of victory. Portland State student Carolyn Davidson designed the Swoosh in 1971, reportedly receiving $35 for the original design work.
What is Shoe Dog about?
Knight's 2016 memoir Shoe Dog recounts Nike's beginnings, including early shoe sales from the trunk of his car and the company's financing problems. It concentrates on the uncertain Blue Ribbon Sports years rather than functioning as a general management handbook.
What role did Phil Knight play at Nike after stepping down as CEO?
Knight served as Nike's chief executive during several periods and remained chairman for many years. He retired as chairman in 2016 and became chairman emeritus, while Mark Parker succeeded him as chairman.
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