For those of you who don't know, Tim Cook he has been one of the members of Nike's board of directors for more than 11 years, the president of Apple being one of those who guided the evolution of the famous company producing sports goods, and now he has been re-elected to the position that few people knew about.
Tim Cook has actually been promoted to the position of independent chief executive, without giving any explanation as to what this new role entails, but the Apple president will probably have more control over some of the activities that Nike will carry out in the following years.
Apple and Nike have a very close collaboration based on the fact that Tim Cook is a member of the board of directors and apart from this new position within the board, Tim Cook is the president of a Compensation Committee, but also of the committee for the governance of the corporate environment and the nomination of changes in this segment.
Tim Cook constantly wears Nike products and used a variety of wearables from the famous manufacturer, before the Apple Watch was launched, and despite the appearance of the Apple smart watch, the collaboration between the two companies did not end, on the contrary , continue to expand to a variety of products.
The Company also announced today that Tim Cook, CEO of Apple, has been appointed lead independent director of the Board, effective immediately. Cook has been a NIKE director since 2005, is chair of the Board's Compensation Committee and serves as a member of the Nominating & Corporate Governance Committee.
