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

Rob Strasser (born 1947, died 1993) was a business executive and lawyer from the United States. He is best known for his time as the CEO of Nike. He is credited with pushing the organization to greater heights. You can find more information about the wiki, age, wife, children, biography, family, ethnicity, parents, siblings, nationality, etc. by reading on.

Quick Info

Biography of Rob Strasser

Rob Strasser was born in Milwaukie, Oregon, to an American family. While his nickname is Rob, neither his date of birth nor his zodiac sign are known. He finished high school at a local education center. He also enrolled to study law 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 finishing school, Rob Strasser returned to his hometown. He did so to set up his own law firm. He worked as a lawyer in Portland for the next few years. Blue Ribbon Sports (now Nike) sued Onitsuka in 1972. As an importer of running shoes, they partnered 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 succeeded in 1974. Despite the fact that the corporation ran into audit and regulatory concerns the following year, they were eventually rectified. In fact, Rob was appointed marketing director after playing a key role in the sports brand’s success.

Nike became an independent US shoe manufacturer after rebranding. Rob has done an excellent job in marketing the brand’s products, leading to a huge increase in sales throughout the years. In fact, its sales amounted to $100 million by 1978. Converse and Adidas led the basketball shoe industry in 1984, while Nike had a 17% market share. The company started to lose money and laid off employees. It chose to sign Michael Jordan, and Rob played a key role in convincing him to sign even though he preferred going to Adidas.

The concept of the ‘Air Jordan’ was a key factor in Jordan signing with Nike. Jordan was fined for wearing shoes that were only 51% white. When Rob used these harsh NBA guidelines to sell products, Nike refunded the fine. In its first year alone, the company sold $162 million. Strasser is considered the man who saved Nike because of his many contributions to the company. While the corporation was beginning to dominate in the United States, he moved to the Netherlands to take over Europe.

However, things did not continue like this forever, as he left Nike after several disputes with CEO Knight. Peter Moore left with him, and together they founded a new consulting firm, Sports Inc. He then worked for Nike’s rival Adidas, where he was the CEO of Adidas America. When he took over the company, he moved it from New Jersey to Portland. However, he passed away in 1993.

Rob Strasser’s Wife, Marriage

Rob Strasser is a happily married man. Julie Strasser is the name of his wife. Before getting married in 1982, the couple dated for several years. She was the advertising executive for Nike at the time. While her current occupation is unknown, she is best 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 cannot find any information about his parents or siblings. However, we do know that he was born in the United States.

Rob Strasser’s Net Worth

Rob Strasser’s net worth is unknown. He had a stake in Nike while he was still alive. In fact, he became a millionaire for the first time after the company went public in 1980. He was only 33 years old at the time. Although specific figures cannot be accessed, he was worth several million dollars at the time of his death.

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Categories: Biography