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NIKE NAMES FORMER IBM EXECUTIVE RALPH PFEIFFER JR. TO BOARD OF DIRECTORS

 NIKE NAMES FORMER IBM EXECUTIVE RALPH PFEIFFER JR.
 TO BOARD OF DIRECTORS
 BEAVERTON, Ore., July 20 /PRNewswire/ -- NIKE Inc. (NYSE: NKE), the world's leading sports and fitness company, today announced the appointment of former IBM executive Ralph A. Pfeiffer Jr. to the company's 12-member board of directors.
 Pfeiffer is a retired IBM senior vice president who joined the company in 1949. In 1974, he was elected an IBM senior vice president and became chairman and chief executive officer of the IBM World Trade Americas/Far East Corp. In 1983, he was named a member of the corporate management board and in 1984 was appointed chairman and chief executive officer of the IBM World Trade Corp.
 Commenting on the appointment, NIKE Chairman Philip H. Knight said, "Ralph brings a wealth of international expertise and knowledge in the field of data processing and information systems. As NIKE continues its expansion as a global brand, these areas of our operations will require the same degree of innovation as we bring to our products, advertising and customer service. I'm very pleased to welcome Ralph as the company's newest board member."
 Pfeiffer serves as a director of several other global companies including IBM World Trade Corp., Arthur D. Little Inc., Campbell Soup Co., Alexander Proudfoot PLC, The Royal Bank of Canada, SmithKline Beecham PLC, And New York Life Mainstay Funds. He is a member of the Council on Foreign Relations, the Economic Club of New York and the Inter-American Dialogue.
 In addition, he is a member of the advisory board, Center for Strategic and International Studies; a governor of the Foreign Policy Association; a trustee of the U.S. Council for International Business, the International Rescue Committee; a member of the Advisory Council, J.L. Kellogg Graduate School of Management, Northwestern University; a member of the international advisory board, University of South Carolina; a director of Technoserve Inc., and a director on the board of trustees of Covenant House. A graduate of John Carroll University, Cleveland, Ohio, Pfeiffer also attended Cleveland-Marshall Law School.
 As a member of NIKE's board of directors, Pfeiffer will participate in the Bi-monthly board meetings and be an advisor and set policy on a wide range of issues. In addition to Knight and Pfeiffer, the 10 other directors of the company are:
 Bill Bowerman, co-founder of the company, 1972 U.S. Olympic track & field coach, and former head track coach of the University of Oregon.
 Jill Conway, visiting scholar, Massachusetts Institute of Technology, former president, Smith College.
 Robert Davis, S.S. Kresge Professor of Marketing, Stanford University
 Ralph DeNunzio, president of Harbor Point Associates Inc., New York, former chief executive officer and chairman of Kidder, Peabody & Co., former chairman of the New York Stock Exchange.
 Richard Donahue, president and chief operating officer, NIKE Inc.
 Delbert Hayes, executive vice president, NIKE Inc.
 Douglas Houser, partner, Bullivant, Houser, Bailey, Pendergrass & Hoffman, Portland, Ore.
 John Jaqua, principal, Jaqua & Wheatley, Eugene, Ore.
 Charles Robinson, chairman, Robinson & Associates, Santa Fe, N.M., former vice chairman Blyth, Eastman, Dillon & Co., former U.S. Deputy Secretary of State.
 Pfeiffer's appointment fills the board position vacated in May by the untimely death of Dr. Thomas Paine, a distinguished NIKE board member since 1983. The appointment will be submitted to NIKE's shareholders for ratification in September as part of the company's annual proxy vote.
 NIKE Inc., based in Beaverton, Ore., is the world's leading leading designer and marketer of authentic athletic footwear, apparel and accessories for a wide variety of sports and fitness activities. The company also markets a line of high-quality men's, women's and children's dress and casual shoes through its Cole Haan subsidiary based in Yarmouth, Maine. Other brands include SIDE 1, i.e. and Tetra Plastics. Worldwide revenues for the fiscal year which ended May 31, 1992, totaled $3.4 billion.
 -0- 7/20/92
 /CONTACT: Ron Parham of NIKE, 503-671-3079/
 (NKE) CO: NIKE Inc. ST: Oregon IN: HOU SU: PER


JH-LM -- SE007 -- 0969 07/20/92 18:01 EDT
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Publication:PR Newswire
Date:Jul 20, 1992
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