Mark Parker

Nike CEO Mark Parker speaks during a news conference, Wednesday, March 16, 2016, in New York. (AP Photo/Mary Altaffer)

NEW YORK (AP) — Nike says its longtime CEO Mark Parker is stepping down early next year.

He will be replaced by board member John Donahoe, who formerly ran e-commerce company eBay.

Parker, who has been CEO since 2006, will become executive chairman of the board.

The Beaverton, Oregon-based sneaker seller says the changes will happen Jan. 13, 2020. Donahoe is the current president and CEO of ServiceNow, Inc. and also serves on its board of directors.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Locations

Recommended for you

(1) comment

Merlin

Is Parker taking a knee?

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.