Parker to step down as Nike CEO

23 Oct 2019

By: Sport Industry Group

Mark Parker is to step down as CEO of Nike after a 13-year reign at the head of the American sportswear giant.

He will be replaced in January by former eBay CEO John Donahoe, who is also a member of Nike’s board of directors.

The news comes in the wake of the closure of the Nike Oregon Project and the doping ban handed out to coach Alberto Salazar, who was the subject of a four-year USADA investigation. 

Parker had become caught up in the ensuing media storm, sending a subsequently leaked memo which branded the investigation a ‘distraction’ to the athletes in the project before ultimately closing it down later. The company says that Parker’s decision to step down was unrelated to that situation.

Meanwhile, Under Armour CEO Kevin Plank has also announced that he will be stepping down in January, meaning two of the biggest US sportswear brands will begin the new decade with a change in leadership.