Who Owns Nike Now? The Answer Might Surprise You

Nike, Inc. is a publicly traded company, meaning shares of the company are owned by individual and institutional investors. Phil Knight, the company’s co-founder, was the majority shareholder for many years, but he has since stepped down from his position and his ownership stake has been diluted through various stock offerings and transactions.

Bill Bowerman, Nike’s other co-founder, sadly passed away in 1999. While he was instrumental in the early success of Nike, his ownership stake is now part of the overall public ownership of the company.

John Donahoe is currently the company’s CEO, not John Hoke, who serves as the Chief Design Officer. While Phil Knight is no longer the majority shareholder, he still retains a significant amount of influence over the company as a board member and through his foundation, which owns a large number of shares.

Nike is a successful company with a strong brand identity, and its ownership structure reflects its evolution as a publicly traded entity. This structure helps ensure that the company is accountable to its shareholders while also maintaining a strong sense of direction and purpose.