Nike Says Mark Parker to Step Aside as CEO

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Nike Says Mark Parker to Step Aside as CEO
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Nike says Mark Parker will step down as chief executive in 2020 and board member John Donahoe will become CEO

Mr. Parker, who took over as CEO in 2006, will step aside on Jan. 13, 2020, and be replaced by John Donahoe, a former eBay Inc. CEO who is a Nike director. Mr. Parker will become Nike’s executive chairman.

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