The CEO of Nike enhanced the brand’s strength and momentum throughout the world. We all know that Nike delivers innovative products, experiences, and services to inspire athletes. In today’s post, I will share every small detail about the Nike company and its CEO.
Who Is The CEO Of Nike?
The CEO of Nike is John Joseph Donahoe II who is an American businessman. Before joining Nike, John worked for Bain & Company and became the firm’s president and CEO in 1999. In fact, he is on the board of directors at Nike and The Bridgespan Group. John is even the current chairman of PayPal.
You can keep on reading to find out more about John Donahoe in detail.
About The CEO Of Nike
Many people are unaware that Donahoe was named president and CEO of ServiceNow which is a cloud company. John was also on the Board of Trustees of Dartmouth College from 2003 to 2012. Now, you must be wondering when did John Donahoe become CEO of Nike. John became the president and CEO of the company Nike on January 13, 2012!
Do you know how did John Donahoe become CEO of Nike? Before becoming Nike’s CEO, John had served on Nike’s Board of Directors since 2014. However, he was also the president and CEO of ServiceNow and eBay.
John was born on April 30 (1960), in Evanston, Illinois. John’s father was an accountant at Price Waterhouse in Chicago. Later on, John completed his graduation from New Trier High School in Winnetka in 1978. Here, he earned a bachelor’s degree in Economics from Dartmouth College. John also completed an MBA from Stanford Graduate School of Business.
After completing his high school education, his friend’s father asked him to work at his Schlitz beer distribution company. At that time it was a union job and the first requirement was that he join the International Brotherhood of Teamsters. John worked for Bain & Company for 20 years before joining eBay. Here, he started as an associate consultant and rose to become the firm’s president and CEO.
Later, he was hired as president of eBay Marketplaces in 2005. At eBay, his role was to focus on eBay’s core business. It usually involved work related to accounting for a large percentage of the company’s revenues. And then in 2008, he was appointed as the CEO of eBay.
John made more than 40 acquisitions including Shopping.com and StubHub. After his exit from eBay, Donahoe was replaced by Devin Wenig who was eBay Marketplaces president. John became the president and CEO of ServiceNow in 2017. From 2003 to 2012, John was on the Board of Trustees of Dartmouth College.
Now, you must be thinking how long has John Donahoe been CEO of Nike? As John became Nike’s CEO in January 2020, so he has been in this position for only 2 years. John had contributed to Republican Congressman David Dreier of California. In fact, he even supported two Democratic Senate candidates, Kirsten Gillibrand of New York and Barbara Boxer of California.
Currently, John is married to Eileen Donahoe (nee Chamberlain). She is the former US Ambassador to the United Nations Human Rights Council in Geneva, Switzerland. The couple together has four children; three sons and one daughter. The whole family currently lives in Portola Valley, California.
You can keep on reading to find out how much does the CEO of Nike make!
John Donahoe, the CEO of Nike has a net worth of $136 million approximately. He even owns over 9780 units of Nike stock worth over $7,927,428. Over the last 18 years, John sold Nike stock worth over $74,691,568.
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FAQ
What Is Nike CEO Worth?
As of October 3, 2022, Knight was ranked by Forbes as the 27th richest person in the world, with an estimated net worth of US$35.2 billion. He is also the owner of the stop motion film production company Laika. Knight is a graduate of the University of Oregon and Stanford Graduate School of Business.
Who Is The Owner Of Nike 2022?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares.
Why Did Nike Change Its Name?
Both companies formally split in 1971. And Phil, knowing his company needed to manufacture and distribute its own shoes, decided he needed a new brand name and logo that fits this growth.
Who All Owns Nike?
The top individual shareholder is Travis A. Knight, son of Philip Knight, co-founder of Nike, with a 12.9% stake in Class A stocks and a 3.2% stake in Class B stocks.
Who Was The First Guy To Wear Nike?
These days, Michael Jordan credits Spencer Haywood for being the first ballplayer of such stature to sign with Nike, paving the trail for his namesake multi-billion-dollar brand.
Conclusion
Being the President, CEO, and Director at Nike, John makes $53,500,000 dollars. He has inspired many of the upcoming youths Thus, the CEO of Nike has expertise in digital commerce, technology, global strategy, and leadership.
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