Nike just made Apple CEO Tim Cook its 'lead independent director'

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Tim Cook

Andrew Burton/Getty

Tim Cook, CEO of Apple, visits an Apple store where third grade children from PS 57 James Weldon Johnson Leadership Academy are learning how to code through Apple's 'Hour of Code' workshop program on December 9, 2015 in New York City. Cook said he hoped that teaching coding to children would become standard in education throughout the United States.

Nike just made Apple CEO Tim Cook its 'lead independent director', according to CNBC.

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Cook has been serving on Nike's board of directors since 2005.

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