Phil Knight, the co-founder and former Chief Executive of Nike, prefers to let his superstar athletes and advertisements do his talking for him. Named Advertiser of the Year at the 50th Cannes International Advertising Festival, he is the first person to win the award twice.Knight has an absolutely clear and committed strategy to use celebrity athlete endorsement. He describe it as one part of the "three - legged stool " which lies behind Nike's phenomenal growth since the carly 1980s with the other two being product design and advertising.He has built Nike's expansion into sport after from its athletics roofs on the back of sporting masters : Carl Lewis on the track : tennis 's Jimmy Connors and John McEnroe; Tiger Woods, who led Nike into golf; Ronaldo and the Brazilian national football team; and the basketball star, Michael Jordan, who famously rescued the company.
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