Nike has introduced that Apple CEO Tim Cook has been appointed because the lead unbiased director of Nike's Board of Directors. Cook has been a member of the athletic corporate's board of directors since 2005.
The announcement from Nike notes that Cook additionally serves as chair of the Board's Repayment Committee. He's additionally a member of Nike's Nominating & Company Governance Committee. His new title comes as Nike's Chairman, Phil Knight, steps down from that place whilst its President and CEO Mark Parker assumes the Chairman tasks.