CEO Today Top 50 – John Donahoe
CEO Top 50
Name: John Donahoe
Net worth: Approx. $155 million Executive pay: $33 million
Company: NIKE
Bio: John Donahoe is President & CEO of NIKE, Inc. He is responsible for the continued growth of NIKE’s global business portfolio, which includes the Nike, Jordan and Converse brands. John became president and CEO of NIKE in January 2020 and has served on the Board of Directors since 2014.
John Joseph Donahoe II, an American businessman, was born on April 30, 1960. He currently serves as the CEO of Nike. Donahoe began his career at Bain & Company and eventually rose to the position of president and CEO in 1999. Apart from his role at Nike, he also sits on the board of directors at The Bridgespan Group and PayPal, where he serves as chairman. In February 2017, Donahoe was appointed as the president and CEO of ServiceNow, a cloud company. Additionally, he was a member of the Board of Trustees at Dartmouth College from 2003 to 2012.
John Donahoe was born in Evanston, Illinois on April 30, 1960. His father worked as an accountant at Price Waterhouse in Chicago. After graduating from New Trier High School in Winnetka, Illinois in 1978, he went on to earn a bachelor’s degree in economics from Dartmouth College. He was also a member of the Chi Gamma Epsilon Fraternity (formerly Kappa Sigma) during his time at Dartmouth. Later, he pursued an MBA from Stanford Graduate School of Business. Donahoe is of Irish descent.
After finishing high school, Donahoe was offered a job at a Schlitz beer distribution company by a friend’s father. The promise of good money was enticing, but the condition was that he had to join the International Brotherhood of Teamsters. Prior to his time at eBay, Donahoe spent two decades at Bain & Company, a renowned global consulting firm headquartered in Boston. He started as an associate consultant and eventually worked his way up to become the president and CEO of the firm in 1999. In 2005, Donahoe took on the role of president at eBay Marketplaces, where he focused on the company’s primary business segment, a significant revenue generator for eBay. By 2008, he was appointed as the CEO of eBay, overseeing numerous acquisitions such as Shopping.com, StubHub, Gumtree, LoQUo, and Shutl. Following his departure in 2015, Devin Wenig took over as the president of eBay Marketplaces.
Quote: “There’s not digital shoppers versus physical retail shoppers. There’s not shoppers who only shop in mono-brand stores versus multibrand shoppers.” – John Donahoe
