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American businessman (born 1960) From Wikipedia, the free encyclopedia
John Joseph Donahoe II (born April 30, 1960)[1] is an American businessman who was the CEO of Nike from January 2020 to October 2024.[2] Early in his career, he worked for Bain & Company, becoming the firm's president and CEO in 1999.[3] He is on the board of directors at Nike,[4] The Bridgespan Group [5] and is chairman of PayPal. Donahoe was named president and CEO of ServiceNow, a cloud company, in February 2017.[6][7] He was on the Board of Trustees of Dartmouth College from 2003 to 2012.[8]
John Donahoe | |
|---|---|
| |
| Born | John Joseph Donahoe II April 30, 1960 Evanston, Illinois, US |
| Alma mater | Dartmouth College (BA) Stanford University (MBA) |
| Occupation | Businessman |
| Title | President and CEO, Nike Chairman, PayPal |
| Board member of | Nike ServiceNow Bridgespan Group PayPal |
| Spouse | Eileen Donahoe |
| Children | 4 |
John Donahoe was born in Evanston, Illinois on April 30, 1960.[9] His father was an accountant at Price Waterhouse in Chicago.[10] In 1978, he graduated from New Trier High School in Winnetka, Illinois.[10] He earned a bachelor's degree in economics from Dartmouth College, where he was a brother of Chi Gamma Epsilon Fraternity (formerly Kappa Sigma), followed by an MBA from Stanford Graduate School of Business.[11] Donahoe is of Irish descent.[12]
After Donahoe's senior year of high school, a friend's father asked him to work at his Schlitz beer distribution company. "You'll make good money," he said. It was a union job and the first requirement was that he join the International Brotherhood of Teamsters.[13]
Before joining eBay, Donahoe worked for Bain & Company (a global consulting firm based in Boston) for 20 years, starting as an associate consultant and rising to become the firm's president and CEO in 1999.[3]
In March 2005, Donahoe was hired as president of eBay Marketplaces. His role was to focus on eBay's core business, which accounts for a large percentage of the company's revenues. In 2008, Donahoe was appointed CEO of eBay. He made more than 40 acquisitions, including Shopping.com and StubHub,[14] and the classifieds sites Gumtree and LoQUo, and most recently, Shutl.[15][16] After Donahoe's departure from eBay in 2015, he was replaced by eBay Marketplaces president Devin Wenig.[17]
In February 2017, Donahoe was announced as the president and CEO of ServiceNow, a software company that he became familiar with while working at eBay.[6]
Donahoe was on the Board of Trustees of Dartmouth College from 2003 to 2012.[8] In October 2019, he was announced as the next CEO of Nike, and succeeded Mark Parker on January 13, 2020.[18] Despite tumbling stock prices, with record losses, in 2024, Donahoe made the decision to cut 15% of all Nike employees in Oregon, all while his salary and bonuses remained in the top 0.1% of the top 1% of all CEOs in the United States. [citation needed]
Donahoe has served as chairman of The Business Council.[19]
Donahoe was announced to be leaving as Nike's CEO in September 2024, being replaced by longtime Nike employee Elliott Hill. Donahoe's last day as CEO will be October 12 of that year, though he will continue to advise Nike until January 2025.[2]
In 2023, Donahoe received total compensation from Nike of $32.8 million.[20]
Donahoe has donated to Democrats and Republicans. He contributed to Republican Congressman David Dreier of California, as well as two Democratic Senate candidates, Kirsten Gillibrand of New York and Barbara Boxer of California.[21][22][23]
He is married to Eileen Donahoe (née Chamberlain), former U.S. Ambassador to the United Nations Human Rights Council in Geneva, Switzerland.[24] They have four children; three sons and a daughter, and live in Portola Valley, California.[25][26]
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