Nikes Chief Executive, Mark Parker, Is Stepping Down

 nytimes.com  10/22/2019 20:24:17   The New York Times

Mr. Parker, who was involved in multiple controversies in recent years, will become executive chairman of the sportswear company.

Mark Parker, Nikes chief executive, in 2016.
Mark Parker, Nikes chief executive, in 2016.CreditJewel Samad/Agence France-Presse, via Afp Via Getty Images

Nike announced on Tuesday that its chief executive, Mark Parker, would step down at the beginning of next year.

He will be replaced by John Donahoe, a board member and the chief executive of ServiceNow. Mr. Parker, who has led the sportswear company since 2006, will become executive chairman.

Mr. Donahoe has been on Nikes board since 2014. He joined ServiceNow, an information technology and software company, in April 2017 and was previously the president and chief executive of Ebay.

Earlier this month, Nike shut down its elite running training group called the Oregon Project, run for years by Alberto Salazar. That came shortly after the United States Anti-Doping Agency barred Mr. Salazar from the sport of distance running for four years for doping violations. Mr. Parker initially stood behind Mr. Salazar but later said that keeping the Oregon Project running while Mr. Salazar appealed his penalty was no longer tenable.

Mr. Parker was involved in other controversies in recent years. Last year, female employees led an internal revolt against what they saw as a toxic culture of bullying and harassment within the company. Nike pushed out a dozen top-level executives, but Mr. Parker remained.

This summer, several current and former female Nike-sponsored runners came forward to say they had been forced to decide whether to risk financial penalties from Nike by becoming pregnant. The company responded by changing its policy.

The announcement of Mr. Parkers impending move came on the same day that Under Armour said its founder and chief executive, Kevin Plank, would no longer oversee day-to-day operations, though he will remain the companys executive chairman.

This story is developing and will be updated.

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