![Nike Inc. Chief Executive William Perez attends a Nike awards event in Beaverton, Oregon, in this October 20, 2005 file picture. Perez has resigned following disagreements with founder and Chairman Philip Knight Nike Inc. Chief Executive William Perez attends a Nike awards event in Beaverton, Oregon, in this October 20, 2005 file picture. Perez has resigned following disagreements with founder and Chairman Philip Knight](https://c8.alamy.com/compfr/2d2wj9y/nike-inc-chief-executive-william-perez-attends-a-nike-awards-event-in-beaverton-oregon-in-this-october-20-2005-file-picture-perez-has-resigned-following-disagreements-with-founder-and-chairman-philip-knight-over-how-to-lead-the-worlds-largest-athletic-shoe-company-nike-said-on-january-23-2006-the-company-said-nike-brand-co-president-mark-parker-will-take-over-from-perez-who-steps-down-after-just-13-months-with-the-company-and-will-get-more-than-8-million-in-severance-including-proceeds-from-nikes-purchase-of-his-house-picture-taken-october-20-2005-reuters-steve-dipaola-file-2d2wj9y.jpg)
Nike Inc. Chief Executive William Perez attends a Nike awards event in Beaverton, Oregon, in this October 20, 2005 file picture. Perez has resigned following disagreements with founder and Chairman Philip Knight
![Nike founder Phil Knight donates US$400m to Stanford, creating world's biggest scholarship | South China Morning Post Nike founder Phil Knight donates US$400m to Stanford, creating world's biggest scholarship | South China Morning Post](https://cdn1.i-scmp.com/sites/default/files/styles/og_image_scmp_obituary/public/images/methode/2016/02/25/853ba3a8-db58-11e5-ba33-b7a5a5ded6db_image_hires.jpg?itok=ww_3vY0h)
Nike founder Phil Knight donates US$400m to Stanford, creating world's biggest scholarship | South China Morning Post
![Amazon.com: Orbit: Phil Knight: Co-Founder of NIKE eBook : Frizell, Michael, Suryo, Yudhi: Kindle Store Amazon.com: Orbit: Phil Knight: Co-Founder of NIKE eBook : Frizell, Michael, Suryo, Yudhi: Kindle Store](https://m.media-amazon.com/images/I/51GPi-qtUCL.jpg)
Amazon.com: Orbit: Phil Knight: Co-Founder of NIKE eBook : Frizell, Michael, Suryo, Yudhi: Kindle Store
![Bill Bowerman (Nike Co-Founder) Modified Onitsuka Tiger with Waffle Sole | The Games | 2021 | Sotheby's Bill Bowerman (Nike Co-Founder) Modified Onitsuka Tiger with Waffle Sole | The Games | 2021 | Sotheby's](https://sothebys-md.brightspotcdn.com/dims4/default/8fdd1b6/2147483647/strip/true/crop/2000x2000+0+0/resize/385x385!/quality/90/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2F71%2F2f%2F9e24929f49ab84c70b4d528aa873%2F040n10875-bjjcs-012.jpg)
Bill Bowerman (Nike Co-Founder) Modified Onitsuka Tiger with Waffle Sole | The Games | 2021 | Sotheby's
Today is the fiftieth anniversary of the Nike brand, and the founders sent an open letter - laitimes
![Nike founder Phil Knight donates US$400m to Stanford, creating world's biggest scholarship | South China Morning Post Nike founder Phil Knight donates US$400m to Stanford, creating world's biggest scholarship | South China Morning Post](https://img.i-scmp.com/cdn-cgi/image/fit=contain,width=1098,format=auto/sites/default/files/styles/1200x800/public/images/methode/2016/02/25/853ba3a8-db58-11e5-ba33-b7a5a5ded6db_1280x720.jpg?itok=NobSs5r_)