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    Apple CEO Tim Cook takes a new role on Nike's board

    by 
    Richard Lawler
    Richard Lawler
    06.30.2016

    A leadership change at Nike is affecting Tim Cook's role with the apparel maker slightly. Cook, a Nike board member since 2005, is now the lead independent director of the board. The reason why Nike needs one now is because founder Phil Knight is retiring from his position as chairman of the board.