- The NIKE board of directors announced that John Donahoe is succeeding Mark Parker as the new president and CEO
NIKE’s board of directors announced that John Donahoe is being appointed as the company’s new president and CEO effective January 13, 2020. Outgoing NIKE CEO Mark Parker — who was CEO since 2006 and chairman, president, and CEO since 2016 — is going to become Executive Chairman and will continue to lead the Board of Directors and work closely with Donahoe and the senior management team.
“This is an exciting time for Nike where we see brand strength and momentum throughout the world and great opportunity for future growth,” said Parker. “I am delighted John will join our team. His expertise in digital commerce, technology, global strategy and leadership combined with his strong relationship with the brand, make him ideally suited to accelerate our digital transformation and to build on the positive impact of our Consumer Direct Offense. I look forward to continuing to lead the Board as Executive Chairman, as well as partnering closely with John and the management team to help him transition to his new role.”
“It is an honor to become President and CEO of this amazing, innovative company, and to join the more than 76,000 talented and passionate employees dedicated to serving athletes,” added Donahoe. “Over the last five years, I’ve been proud to be connected to Nike through my role on the Board and now look forward to being a full-time member of the team, working even more closely with Mark, building on Nike’s success and seizing the opportunities ahead.”
Donahoe will be stepping down as the current President and CEO of ServiceNow to join Nike. Previously, Donahoe was chairman of PayPal Holdings from 2008 to 2015. And he was President and CEO of eBay between 2008 and 2015. Before that, Donahoe was the CEO and Worldwide Managing Director of Bain & Co. from 1999 to 2005 and a Managing Director from 1992 to 1999. Going forward, Donahoe will remain on the Board of Nike where he has been a member since 2014.
