John Donahoe

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John Donahoe
JohnDonahoe.jpg
Born
John Joseph Donahoe II

(1960-04-30) April 30, 1960 (age 64)
Evanston, Illinois, US
Alma mater Dartmouth College (BA)
Stanford University (MBA)
OccupationBusinessman
TitlePresident and CEO, Nike
Chairman, PayPal
Board member ofNike
ServiceNow
Bridgespan Group
PayPal
Spouse Eileen Donahoe
Children4

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]

Contents

Early life and education

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]

Career

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]

Compensation

In 2023, Donahoe received total compensation from Nike of $32.8 million. [20]

Political donations

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]

Personal life

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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References

  1. ↑ "cdn.businessweek.com". Archived from the original on 2013-07-13. Retrieved 2013-06-09.
  2. 1 2 "Nike CEO John Donahoe is out, replaced by Elliott Hill". CNBC. 2024-09-19. Retrieved 2024-09-19.
  3. 1 2 "Leadership - eBay Inc". Archived from the original on 2013-03-30. Retrieved 2018-03-08.
  4. ↑ "John Donahoe Joins NIKE, Inc. Board of Directors". Nike. Retrieved 2019-06-15.
  5. ↑ "Cheryl L. Dorsey and John Donahoe Join The Bridgespan Group Board of Trustees". Bridgespan. Archived from the original on 2019-06-16. Retrieved 2019-06-15.
  6. 1 2 Balakrishnan, Anita (2017-02-27). "Former eBay boss John Donahoe named CEO of cloud company ServiceNow". CNBC. Retrieved 2017-02-27.
  7. ↑ "Former eBay CEO John Donahue Has A New Job". Fortune. Retrieved 2017-02-27.
  8. 1 2 "Trustees Emeriti". Dartmouth College. Retrieved May 26, 2017.
  9. ↑ "John Donahoe". Irish America. 27 April 2012. Retrieved 3 November 2014.
  10. 1 2 "Tech drives eBay growth". Chicago Sun-Times. Archived from the original on 3 November 2014. Retrieved 3 November 2014.
  11. ↑ "John J. Donahoe II". Businessweek. Archived from the original on December 28, 2012. Retrieved 3 November 2014.
  12. ↑ "A fifth-generation Irish-American, John is very interested in his Irish ancestry". Irish America. 2008-06-02. Retrieved 2017-03-25.
  13. ↑ "linkedin.com". Archived from the original on 2013-11-08. Retrieved 2013-11-07.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  14. ↑ Stone, Brad (2007-02-21). "Stirring Up the Cubicles at eBay". The New York Times. ISSN   0362-4331 . Retrieved 2017-04-05.
  15. ↑ "John Donahoe | Irish America". irishamerica.com. 22 December 2011. Retrieved 2017-04-05.
  16. ↑ Eldon, Eric; Tsotsis, Alexia (26 March 2013). "John Donahoe, eBay President And CEO, To Take The Disrupt NY Stage". TechCrunch. Retrieved 2017-04-05.
  17. ↑ Mac, Ryan. "EBay Reveals $23 Million Golden Parachute For CEO John Donahoe In PayPal Split". Forbes. Retrieved 2017-04-05.
  18. ↑ Turner, Nick (22 October 2019). "Nike Taps EBay Veteran John Donahoe to Succeed Parker as CEO". Bloomberg LP. Retrieved 22 October 2019.
  19. ↑ Admin, Content (2024-06-20). "Leadership in Crises: Insights from Nike's CEO". Northwest Executive Education. Retrieved 2024-06-24.
  20. ↑ Sainato, Michael (2024-08-29). "CEOs with lowest-paid US workers 'focused on own short-term windfall' – report". The Guardian . ISSN   0261-3077. Archived from the original on 2024-08-30. Retrieved 2024-08-31.
  21. ↑ NEWSMEAT ▷ John Donahoe's Federal Campaign Contribution Report Archived 2012-09-22 at the Wayback Machine . Newsmeat.com. Retrieved on 2013-08-24.
  22. ↑ "Donor Lookup". OpenSecrets.
  23. ↑ "Donor Lookup". OpenSecrets.
  24. ↑ "Dartmouth News' announcement of Dr. Donahoe's appointment of U.S. Ambassador to UNHR Archived 2012-04-03 at the Wayback Machine ", The Dartmouth, 13 November 2009.
  25. ↑ Donahoe, Eileen and John (15 July 2013). "We Leaned Into Our Marriage". Lean In.
  26. ↑ Sellers, Patricia (26 January 2011). "EBay CEO Donahoe bares his own work-life struggles". CNN Money. Archived from the original on 25 April 2014.
Business positions
Preceded by President and CEO of eBay
March 31, 2008 – July 19, 2015		Succeeded by
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