Investors and analysts have shown concern over increased competition to Nike from the pending merger between Adidas-Salomon and Reebok International Ltd and over tough market conditions in Europe and Japan.The part that struck me is that they're paying him two years' salary. Work one year, get paid for three -- where do I find a gig like that?
Monday, January 23, 2006
Nike's new CEO quits
The new CEO Nike brought in just a year ago is leaving, apparently because of disagreements with Phil Knight. Can't be because of results: "Nike is still enjoying robust demand within the United States for its shoes and apparel, and it posted a 15 percent jump in latest quarterly profits." But:
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