Rob Strasser (Nike)- Wiki, Age, Wife, Net Worth, Ethnicity, Career

Rob Strasser (born 1947, died 1993) was a business executive and attorney from the United States. He is well known for his time as the CEO of Nike. He was instrumental in taking the organization to greater heights. You can find more information about his wiki, age, wife, children, biography, family, ethnicity, parents, siblings, nationality and much more by reading further.

Fast facts

Biography of Rob Strasser

Rob Strasser was born in Milwaukee, Oregon, to an American family. Although his nickname was Rob, neither his birthday nor his zodiac sign was known. He finished high school at the local educational center. He also enrolled in law school at Willamette University. According to his wife, Rob died on October 30, 1993 in Germany of a heart attack at the age of 46.

Career

After completing his education, Rob Strasser returned to his hometown. He did this in order to establish his own law firm. For the next few years, he worked as a lawyer in Portland. Blue Ribbon Sports (now Nike) filed suit against Onitsuka in 1972. As the company imported running shoes, it cooperated with Onitsuka to import Japanese items. Nike founder Phil Knight eventually sued the Japanese corporation for breach of contract. To win the case, Knight hired Rob and the corporation was successful in 1974. Despite the fact that the corporation encountered audit and management problems the following year, these were eventually corrected. In fact, Rob was appointed Marketing Director after playing a significant role in the success of the sports brand.

After rebranding, Nike became an independent American shoe manufacturer. Rob continued to market the brand’s products brilliantly, resulting in a huge increase in sales over the years. In fact, its revenues exceeded $100 million in 1978. Converse and Adidas led the basketball footwear industry in 1984, while Nike had a 17% market share. The company started losing money and laying off employees. They chose to sign Michael Jordan, and Rob was instrumental in convincing him to sign even though he preferred to go to Adidas.

The ‘Air Jordan’ concept was a big factor in Jordan signing with Nike. Jordan was fined for wearing shoes that were only 51% white. When Rob used those strict NBA guidelines to sell products, Nike reimbursed him. In the first year alone, the company sold 162 million dollars. Strasser was considered the man who saved Nike because of his numerous contributions to the company. As the corporation began to dominate the United States, he moved to the Netherlands to take over Europe.

But things didn’t stay that way forever, as he left Nike after repeated disputes with CEO Knight. Peter Moore went with him and together they started a new consulting company Sports Inc. He later worked for Nike’s rival Adidas, where he was CEO of Adidas America. When he took over the company, he moved it from New Jersey to Portland. However, he died in 1993.

Wife of Rob Strasser, Marriage

Rob Strasser was a happily married man. Julie Strasser was his wife’s name. Before getting married in 1982, the couple dated for several years. At the time, she was head of advertising for Nike. Although her current occupation is unknown, she is known as the co-author of the book Swoosh: The Unauthorized Story of Nike and the Men Who Played There. Avery is his daughter’s name. Although we have some information about his wife and children, we have not been able to find information about his parents or siblings. However, we do know that he was born in the United States.

Rob Strasser Net Worth

Rob Strasser’s net worth is unknown August 2023. He had a stake in Nike during his lifetime. In reality, he first became a millionaire after the company went public in 1980. He was only 33 years old then. Although specific figures are not available, he was worth several million dollars at the time of his death.

Categories: Biography
Source: vcmp.edu.vn