Apple CEO Tim Cook, who’s been on Nike’s board for 20 years, just doubled his stake in the company. The news helped ease a 13% drop after the company’s disappointing quarterly results last week.
Tim Cook signals confidence in Nike CEO Eliott Hill
If you’re into sneakers, you’ve probably noticed how Tim Cook tends to wear flashy Nikes during some of his public appearances.
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That is no coincidence. Cook has served on Nike’s board since 2005 and, in 2016, stepped…
