| Business Summary | | Nike,
Inc.
designs,
develops
and
markets
high
quality
footwear,
apparel,
equipment,
and
accessory
products.
Nike
is
the
largest
seller
of
athletic
footwear
and
athletic
apparel
in
the
world.
The
Company
sells
its
products
to
approximately
19,000
retail
accounts
in
the
United
States
and
through
a
mix
of
independent
distributors,
licensees
and
subsidiaries
in
approximately
140
countries
around
the
world.
Virtually
all
of
its
products
are
manufactured
by
independent
contractors.
Most
footwear
products
are
produced
outside
the
United
States,
while
apparel
products
are
produced
both
in
the
United
States
and
abroad. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nike,
Inc.
designs,
develops
and
markets
high
quality
footwear,
apparel,
equipment,
and
accessory
products.
For
the
fiscal
year
ended
5/31/01,
revenues
increased
5%
to
$9.49
billion.
Net
income
increased
2%
to
$589.7
million.
Revenues
benefitted
from
increased
international
regional
footwear,
apparel
and
equipment
sales.
Earnings
were
partially
offset
by
an
increase
in
interest
expense
attributable
to
higher
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Philip Knight, 62 Chairman,
Pres, CEO | $3.5M | Richard Donahue, 73 Vice
Chairman | -- | Thomas Clarke, 49 Pres,
New Bus. Ventures, Director | 4.4M | Charles Denson, 44 Pres
of the Nike Brand | -- | Gary DeStefano, 43 Pres,
Nike U.S. Operations | 1.9M | Dollar amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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