Thursday, September 19, 2024

John Donahoe

 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 the in the top 0.1% of the top 1% of all CEOs in the United States.

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]

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