Nike Chairman Phil Knight plans to step down, and says he wants President and CEO Mark Parker to succeed him. Nike Inc. says it expects to name a new chairman in 2016, but no specific date was set for Knight's departure. Knight, 76, says he plans to stay involved with the company.
from Yahoo Sports http://us.rd.yahoo.com/sports/rss/top/SIG=12u4l9mqm/*http%3A//sports.yahoo.com/news/nike-co-founder-knight-step-down-chairman-211238054--spt.html
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