Who is John Donahoe? Everything You Need to Know About Nike’s CEO
John Joseph Donahoe II, popular as John Donahoe, is a successful American businessman and philanthropist, currently serving as the CEO of Nike, one of the world’s largest sportswear brands. John Donahoe’s leadership style and his crucial decisions for the company led him to become one of the most successful business executives in the world.
Apart from being the CEO of Nike, Donahoes also sits on the boards of directors of the Bridgespan Group and Nike. He is also the chairman of PayPal. In 2017, he served as the president and CEO of ServiceNow, a cloud-based AI-driven platform.
As Nike is a multi-billion dollar company, you might be interested to know how much does its CEO earns. You will be surprised to know John Donahoe’s net worth in 2024. This detailed biography of John Donahoe will discuss everything about him, including his personal and professional life, his salary, family details, and net worth.
Quick Facts About John Donahoe
Full Name | John Joseph Donahoe II |
Current Position | CEO of Nike, Inc. |
Birth Date | April 30, 1960 |
Birth Place | Evanston, Illinois (US) |
Education |
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Wife | Eileen Donahoe |
Children | Four Children |
Estimated Net Worth | $133 million |
John Donahoe’s Education and Early Life
John Donahoe is an American citizen of Irish descent, born on April 30, 1960, in Evanston, Illinois. Talking about his family, John’s father worked as an accountant at Price Waterhouse. In 1978, John Donahoe completed high school at New Trier High School in Winnetka and enrolled at Dartmouth College for a bachelor’s degree in Economics. He then went to the Stanford Graduate School to earn an MBA degree.
After Donahoe completed his academic years, his friend’s father suggested him to work at his Schlitz beer distribution company. He was then asked to join the International Brotherhood of Teamsters.
John Donahoe’s Salary in 2024
As the CEO of Nike, John Donahoe gets a sizeable compensation from the company – more than $30 million a year. His base salary for the year 2023 was $1.5 million, which was 13.7% higher than the previous year. Most of his compensation includes Stock and options awards, valued at $20.5 million, $6.8 million in incentive pay, and $3.9 million as charitable contributions.
John Donahoe’s Net Worth in 2024
As of 2024, John Donahoe’s net worth is estimated to be around $133 million. As the CEO of Nike Inc., he owns about 205,738 company stocks worth $15 million. Additionally, he also owns 457,063 shares of eBay worth over $27 million and 89,372 PayPal stocks worth over $6 million.
Current Holdings of John Donahoe
Company | Date | Number of shares | Valuation | Valuation date |
NIKE, INC. CLASS B | 01/08/2024 | 205,738 ( 0.02% ) | 15 M $ | 31/07/2024 |
PAYPAL HOLDINGS, INC. | 22/05/2024 | 89,382 ( 0.01% ) | 6 M $ | 31/07/2024 |
John Donahoe’s Career Timeline
John Donahoe started his professional career with Bain & Company, a global consulting firm in the US. He worked for the company for over 20 years before joining eBay. He started as an associate consultant and rose to the ranks of president and CEO in 1999.
In 2005, Donahoe left Bain & Company to join eBay as the president of the company. His work was to oversee the core businesses of the company. In 2008, he was appointed the CEO of eBay. Under his leadership, the company made over 40 acquisitions, including StubHub, Shoping.com, Gumtree, LoQUo, and Shutl.
However, John Donahoe left eBay for ServiceNow in 2015 and was announced as the company’s CEO in February 2017. He also served on the board of Trustees of Dartmouth College from 2003 to 2012. In October 2019, he succeeded Mark Parker to become the new CEO of Nike Inc.
Current Positions of John Donahoe
Companies | Position | Start |
NIKE, INC. | Chief Executive Officer | 13/01/2020 |
Dartmouth College | Director/Board Member | – |
Skype Technologies SA | Director/Board Member | 12/08/2010 |
Skype SARL | Director/Board Member | 12/08/2010 |
PayPal, Inc. | Chairman | 01/01/2015 |
President’s Export Council | Corporate Officer/Principal | – |
The Bridgespan Group | Director/Board Member | 01/01/2015 |
The Business Council | Director/Board Member | – |
John Donahoe’s Political Views
John Donahoe follows both Republican and Democratic parties and has contributed to their candidates, including David Dreier, a Republican Congressman, Kirsten Gillibrand, and Barbara Boxer, a Democrat.
John Donahoe’s Wife and Kids
John Donahoe is a happily married man, and his wife, Eileen Donahoe, is a former US Ambassador to the UN Human Rights Council in Geneva, Switzerland. The couple has four children, including three sons and a daughter. The family lives in a multi-million dollar villa in Portola Valley, California.
Interesting and Untold Facts About John Donahoe
- John Donahoe was born in Evanston, Illinois, and grew up in a middle-class family.
- He attended Dartmouth College for his bachelor’s degree and later earned an MBA from Stanford Graduate School of Business.
- John began his career at Bain & Company, a global management consulting firm, and worked for three companies before becoming the CEO of Nike.
- He served as the President and CEO of eBay from 2008 to 2015, during which the company’s revenues doubled.
- John played a key role in PayPal’s successful spin-off from eBay and served as its Chairman.
- Before joining Nike, he was the CEO of ServiceNow, a cloud computing company.
- In 2019, John became the CEO of Nike, succeeding Mark Parker.
- He was a standout basketball player in high school and played on the varsity team at Dartmouth College.
- John and his wife, Eileen, are active supporters of several charitable organizations, including the Boys and Girls Clubs of America and the Special Olympics.
- John starts his day with meditation, which helps him stay focused and calm.
FAQs
Who is John Donahoe?
John Donahoe is a successful American businessman and philanthropist, currently serving as the CEO of Nike, one of the world’s largest sportswear brands. John Donahoe’s leadership style and his crucial decisions for the company led him to become one of the most successful business executives in the world.
How Long has John Donahoe been CEO of Nike?
John Donahoe has been Nike’s CEO since January 2020. He took over the role from Mark Parker and has been leading the company for over four years. During his tenure, he has focused on driving digital transformation and navigating the company through various challenges.
When did John Donahoe Become CEO of Nike?
John Donahoe became the CEO of Nike on January 13, 2020. Before becoming CEO, he had served on Nike’s Board of Directors since 2014. His extensive experience in the tech industry and leadership roles in other companies made him a suitable choice for leading Nike.
What has John Donahoe Done for Nike?
Since becoming CEO, John Donahoe has led Nike through significant transformations, including a major digital reorganization. He has emphasized direct-to-consumer channels and digital innovation, helping Nike adapt to changing market dynamics. His leadership has been instrumental in maintaining Nike’s position as a global leader in the sportswear industry.
How Much Does Nike Pay John Donahoe?
In the fiscal year 2023, John Donahoe’s total compensation was approximately $32.8 million. This included a base salary, incentive pay, stock and option awards, and other compensation such as charitable contributions. His pay package reflects his role in driving Nike’s growth and navigating the company through challenging times.