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 well-known for his time as a Nike executive. He was instrumental in propelling the organization to greater heights. More information about his wiki, age, wife, children, biography, family, ethnicity, parents, siblings, nationality, and more can be found by reading on.

Quick Facts

Rob Strasser Biography

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

Career

After finishing his education, Rob Strasser returned to his hometown. He did so to establish his own law firm. He worked as a lawyer in Portland for the following few years. Blue Ribbon Sports (now Nike) launched a lawsuit against Onitsuka in 1972. As the company imported running shoes, it collaborated with Onitsuka to import Japanese items. Nike founder Phil Knight eventually sued the Japanese corporation for breach of contract. To win the litigation, Knight hired Rob, and the corporation was successful in 1974. Despite the fact that the corporation encountered audit and managerial concerns in the following year, they were eventually rectified. In fact, Rob was named marketing director after playing a significant part in the success of the sports brand.

Nike became an independent US shoemaker after rebranding. Rob proceeded to market the brand’s products brilliantly, resulting in a tremendous increase in sales throughout the years. In fact, its revenues topped $100 million in 1978. Converse and Adidas led the basketball footwear industry in 1984, while Nike had a 17% market share. The company began to lose money and lay off employees. It chose to sign Michael Jordan, and Rob had a significant part in convincing him to sign even though he preferred to go to Adidas.

The concept of ‘Air Jordan’ was a big factor in Jordan’s signing with Nike. Jordan was penalized for wearing a shoe that was only 51% white. When Rob utilized these severe NBA guidelines to sell the product, Nike reimbursed the penalty. In the first year alone, the firm sold $162 million. Strasser was regarded as the man who saved Nike because of his numerous contributions to the company. While the corporation began to dominate in the United States, he relocated to The Netherlands to take over Europe.

However, things did not stay that way indefinitely, as he left Nike following repeated disputes with CEO Knight. Peter Moore left with him, and they together started a new consultancy firm, Sports Inc. Later, he worked for Nike’s rival Adidas, where he was the CEO of Adidas America. When he took over the company, he relocated it from New Jersey to Portland. He did, however, pass away in 1993.

Rob Strasser’s Wife, Marriage

Rob Strasser was a happily married man. Julie Strasser was his wife’s name. Before tying married in 1982, the pair dated for a few years. She was an advertising manager for Nike at the time. While her current occupation is unknown, she is renowned 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. While we have some information on his wife and children, we couldn’t 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 as of August 2023. He had a stake in Nike while he was still living. In reality, he became a millionaire for the first time after the company went public in 1980. He was only 33 years old at the time. While specific figures are not accessible, he was worth a few million dollars at the time of his death.

Categories: Biography
Source: vothisaucamau.edu.vn