Milestones Nov. 29, 2004

RESIGNED. ROD PAIGE, 71, as U.S. Education Secretary; SPENCER ABRAHAM, 52, as Energy Secretary; ANN VENEMAN, 55, as Agriculture Secretary; and COLIN POWELL, 67, as the Bush Administration's long- embattled Secretary of State; in Washington (see page 29).

STEPPING DOWN. PHIL KNIGHT, 66, marketing guru, as CEO and daily manager of Oregon-based Nike, the $21 billion company he co-founded in 1972 and transformed into the world's biggest athletic shoe company; effective next month. Knight and Bill Bowerman, now deceased, started out in 1962, making soles with Bowerman's waffle iron. Knight, who will retain the title of chairman, will be replaced by...

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