883027

Nike CEO Mark Parker To Step Down; John Donahoe Named As Successor

Nike CEO Mark Parker To Step Down; John Donahoe Named As Successor

Nike announces that CEO Mark Parker will step down from his position and will be replaced by John Donahoe on January 13th, 2020. Parker has been an employee of Nike’s for four decades, succeeding founder Phil Knight as the CEO back in 2006. In that tenure, Nike’s revenue tripled throughout various evolutions of the market, the digital commerce landscape, and even some controversy. Parker will be appointed as the Executive Chairman and will continue to work with Donahoe in guiding the direction of the brand.

Donahoe, current CEO of ServiceNow, was an acting member of the Board. Donahoe has an impressive track record in digital commerce, technology, global strategy, and leadership. Previously, he has served as Chairman of Paypal Holdings, Inc. as well as President and CEO of eBay, Inc., among other pivotal positions. Donahoe will remain on the Board of Nike. Read the full report on Nike News.

Latest News

Fernando Tatis Jr. Honors Late Padres Owner With Air Jordan 1 Cleats

San Diego Padres star Fernando Tatis Jr. is known as one of the most fashion-forward MLB athletes, and his taste in baseball cleats lives up...

by Andrew Rizzo 16 hours
669

The Nike Air Max 1 "Easter" Drops On Good Friday

Updated March 28th, 2024: The Nike Air Max 1 “Easter” is set to release on Good Friday (March 29th, 2024) for $160. Nearly a full...

by Jared Ebanks 16 hours
3847

The New Balance 530 Rounds Out The "Festivals" Pack

Friday is good indeed: A trio of New Balance lifestyle bangers will be launching exclusively at JD Sports & Finish Line, each decorated in a...

by Sneaker News 17 hours
722