Nike’s Parker hands over CEO role to former eBay chief

Since joining Nike's board of directors since 2014, Donahoe has joined the sneaker manufacturer of cloud computing company ServiceNow Inc and has been CEO for more than four years. Prior to that, he led online retailer eBay for seven years until 2015.

Nike CEO Mark Parker speaks at a launch event in New York, USA on March 16, 2016.

Nike CEO Mark Parker speaks at a launch event in New York, USA on March 16, 2016.

Longtime Senior of Nike Inc
Managing Director Mark Parker retires next year
Director and former eBay CEO John Donahoe
Will do its job to strengthen sportswear makers online

Donahoe, who has joined Nike's board of directors since 2014,
Sneaker maker from ServiceNow Inc, a cloud computing company
He has served as CEO for over four years. ahead
He led online retailer eBay for seven years.
Until 2015.

Nike Parker remains CEO last year
Chairman of the shoe manufacturer since 2020, his remarks
A series of executive departures
Investigation of Workplace Complaints.

These moves come the day after the world's largest shoe manufacturer
Quit the Nike Oregon Project training group as follows:
Recently, center founder and Alberto Coach's four-year ban
Salazar of the US Anti-Doping Organization (USADA).

Nike gave no reason for Parker to get out of the top.
Work. Parker made a change in an interview with CNBC
It is not related to the Oregon project or any other issue.

Parker joined Nike as one of the first shoe designers.
During the tenure of the company in 1979, he played several roles.
Until he was appointed chief officer in 2006

Popular Nike Air sneakers
Parker, another pioneer product,
Oversees the changes Nike sells directly to customers online
Success in international market, especially China.

He continues to be Nike's chairman
After Donahoe took over as CEO, he leads the board.

"We like what Doonahoe comes from technology.
Coming out of the digital space and we like that he is a strategist.
What made Nike positive
Jane Hali & Associates believes that
Analyst Jessica Ramirez said.

In the last fiscal year, Nike's digital revenue increased by 35{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5}.
The company is about to sell online
One third of the business by 2023

Edward Jones analyst Brian Ya Brow courtesy of Donna
The e-commerce experience can help Nike push online
Parker was able to focus more on product development, one of his core.


Nike's shares during Parker's tenure
Nine times. They were slightly higher in expansion deals

But over the past year Parker
Speed ​​bump as he pursues $ 50 billion annually
sales. He apologized to employees last year
Workplace complaints of the company.

Nike is also on fire by posting a former ad
Nationally Controversial NFL Player Colin Catholic
Kneeling during the national anthem.

"Nike has a fair share of scandals and issues …
They didn't actually go outside. exactly
"Oregon scandal, seems to be part of Yarbrough
Mention Parker's departure.

Independently, ServiceNow has introduced Bill McDermott
CEO. McDermott led the software manufacturer SAP from 2014 to 2014.
Recently. ServiceNow shares fell about 16{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} in the news.

McDermott stopped at the beginning of this month 10 months later
Build SAP as the world's best company
Software company working to complete the transition
Cloud computing as new co-CEO

Nike Rival Under Armor Inc
Founder and CEO Kevin Plank stepped back
Responsibility for insider Patrik Frisk
Leadership changes
American nike and adidas.

Source: Reuters

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