Nike’s entire board ought to be scrubbed at this point too. Zero accountability for failings of successive leadership teams. Waiting on evidence they take their fiduciary duties to shareholders seriously at this point. Activist and buyout the best outcome at this point to break cycle of layoffs and restructuring to hide lack of real strategy and leadership…
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Major Holders
Breakdown
1.46% % of Shares Held by All Insider
83.53% % of Shares Held by Institutions
84.77% % of Float Held by Institutions
2,813 Number of Institutions Holding Shares
While true, Nike is a publicly traded company… The majority of shareholder voting controlled ownership is with the Knight family.
If Phil (soon Travis) is happy, the board can do whatever they want; with no obligation to the public shareholders that represent a minority.