Travis Knight to control millions of Nike shares

Share this article!

The Laika founder and son of Phil Knight is apparently now in charge of a trust  worth $2.3 billion, according to a securities filing.

From the Portland Business Journal: 

Travis Knight is technically the trustee, meaning he must abide by the terms of the trust, which aren’t public information.

That could make him as much an administrator as an owner, although the filing notes Travis Knight and his immediate family are among the beneficiaries of the trust.

Phil Knight, who announced last year he will step down from the Nike board, released his memoir, Shoe Dog, this week.

Published in Categories News