You can't explain much in 60 seconds, but when you show Michael Jordan, you don't have to. It's that simple.

In 2006 Phil Knight donated $105 million to the Stanford Graduate School of Business. Perez was in turn replaced by Mark Parker in 2006.

and previously served as the chief executive officer of Nike. A native of Oregon he is the co-founder and chairman of Nike Inc. Philip Hampson "Phil" Knight (born February 24 1938) is an American business magnate and philanthropist.