Source Pravda.Ru

Nike CEO Philip Knight resigned

The co-founder of Nike Inc. Philip Knight has resigned from his position as chief executive officer, the company said on Thursday.

William Perez, who ran S.C. Johnson & Son Inc., will succeed Knight, who will remain as chairman of Nike, the world's largest athletic &to=http:// ' target=_blank>shoe company, as CNN/Money reported.

According to The Street, Knight, who founded Nike in 1972 with University of Oregon track coach Bill Bowerman, will remain Nike's chairman. Knight asked the corporate governance committee of Nike's board to start a search for potential successors last year.

Russia's Ministry for Foreign Affairs is seriously concerned about the state of health of former Russian intelligence officer Sergei Skripal and his daughter Yulia. Sergei Skrypal's niece, Victoria Skripal, said that her uncle had already died.

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The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

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