John Donahoe

{{Short description|American businessman (born 1960)}}

{{Infobox person

| name = John Donahoe

| image = JohnDonahoe.jpg

| birth_name = John Joseph Donahoe II

| birth_date = {{Birth date and age|1960|4|30}}

| birth_place = Evanston, Illinois, US

| death_date =

| death_place =

| other_names =

| education =

| alma_mater = Dartmouth College (BA)
Stanford University (MBA)

| occupation = Businessman

| title = Chairman, PayPal

| known_for =

| boards = Nike
ServiceNow
Bridgespan Group
PayPal

| spouse = Eileen Donahoe

| children = 4

}}

John Joseph Donahoe II (born April 30, 1960){{Cite web |url=http://cdn.businessweek.com/stanford-business-school/john-donahoe-chief-executive-of-ebay/2569631044812320753-dd68e6b3b01edd4c5fca5b8c84297752 |title=cdn.businessweek.com |access-date=2013-06-09 |archive-url=https://archive.today/20130713024704/http://cdn.businessweek.com/stanford-business-school/john-donahoe-chief-executive-of-ebay/2569631044812320753-dd68e6b3b01edd4c5fca5b8c84297752 |archive-date=2013-07-13 |url-status=dead }} is an American businessman who was the CEO of Nike from January 2020 to October 2024.{{Cite web |date=2024-09-19 |title=Nike CEO John Donahoe is out, replaced by Elliott Hill |url=https://www.cnbc.com/2024/09/19/nike-ceo-john-donahoe-is-out-replaced-by-elliott-hill.html |access-date=2024-09-19 |website=CNBC |language=en}} Early in his career, he worked for Bain & Company, becoming the firm's president and CEO in 1999. He is on the board of directors at Nike,{{cite web|url=https://news.nike.com/news/john-donahoe-joins-nike-inc-board-of-directors|title=John Donahoe Joins NIKE, Inc. Board of Directors|website=Nike|access-date=2019-06-15}} The Bridgespan Group {{cite web|url=https://www.bridgespan.org/about-us/for-the-media/cheryl-l-dorsey-john-donahoe-join-bridgespan-board|title=Cheryl L. Dorsey and John Donahoe Join The Bridgespan Group Board of Trustees|website=Bridgespan|access-date=2019-06-15|archive-date=2019-06-16|archive-url=https://web.archive.org/web/20190616215144/https://www.bridgespan.org/about-us/for-the-media/cheryl-l-dorsey-john-donahoe-join-bridgespan-board|url-status=dead}} and is chairman of PayPal. Donahoe was named president and CEO of ServiceNow, a cloud company, in February 2017.{{cite web|url=https://www.cnbc.com/2017/02/27/servicenow-has-a-new-ceo-ex-ebay-boss-john-donahoe.html|title=Former eBay boss John Donahoe named CEO of cloud company ServiceNow|last=Balakrishnan|first=Anita|date=2017-02-27|website=CNBC|access-date=2017-02-27}}{{cite web|url=http://fortune.com/2017/02/27/ebay-ceo-john-donahoe/|title=Former eBay CEO John Donahue Has A New Job|website=Fortune|access-date=2017-02-27}}

He was on the Board of Trustees of Dartmouth College from 2003 to 2012.{{cite web | url=http://www.dartmouth.edu/~trustees/emeriti/ | title=Trustees Emeriti | publisher=Dartmouth College | access-date=May 26, 2017 }}

Early life and education

John Donahoe was born in Evanston, Illinois on April 30, 1960.{{cite web|title=John Donahoe|url=http://irishamerica.com/2012/04/john-donahoe-4/|website=Irish America|date=27 April 2012 |access-date=3 November 2014}} His father was an accountant at Price Waterhouse in Chicago.{{cite web|title=Tech drives eBay growth|url=http://www.suntimes.com/business/3085383-420/ebay-million-donahoe-technology-paypal.html#.VFd2kMm5mUk|website=Chicago Sun-Times|access-date=3 November 2014|archive-date=3 November 2014|archive-url=https://web.archive.org/web/20141103165121/http://www.suntimes.com/business/3085383-420/ebay-million-donahoe-technology-paypal.html#.VFd2kMm5mUk|url-status=dead}} In 1978, he graduated from New Trier High School in Winnetka, Illinois. He earned a bachelor's degree in economics from Dartmouth College, where he was a brother of Chi Gamma Epsilon fraternity (formerly Kappa Sigma), followed by an MBA from Stanford Graduate School of Business.{{cite web|title=John J. Donahoe II|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=728527&ticker=EBAY|archive-url=https://web.archive.org/web/20121228113203/http://investing.businessweek.com/research/stocks/people/person.asp?personId=728527&ticker=EBAY|url-status=dead|archive-date=December 28, 2012|website=Businessweek|access-date=3 November 2014}} Donahoe is of Irish descent.{{cite web|url=http://irishamerica.com/2012/04/john-donahoe-4/ |title=A fifth-generation Irish-American, John is very interested in his Irish ancestry. |publisher=Irish America |date=2008-06-02 |access-date=2017-03-25}}

Career

{{See also|Bain & Company|eBay|PayPal|ServiceNow}}

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.{{Cite web |url=http://www.linkedin.com/today/post/article/20131105122656-187399433-my-first-job-what-unloading-beer-taught-me-about-leadership |title=linkedin.com |access-date=2013-11-07 |archive-url=http://webarchive.loc.gov/all/20131108031617/http://www.linkedin.com/today/post/article/20131105122656-187399433-my-first-job-what-unloading-beer-taught-me-about-leadership |archive-date=2013-11-08 |url-status=bot: unknown }}

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.{{cite web|url=http://legacy.ebayinc.com/executives |archive-url=https://web.archive.org/web/20130330030530/http://legacy.ebayinc.com/executives |url-status=dead |archive-date=2013-03-30 |title=Leadership - eBay Inc |access-date=2018-03-08}}

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,{{Cite news|url=https://www.nytimes.com/2007/02/21/technology/21ebay.html|title=Stirring Up the Cubicles at eBay|last=Stone|first=Brad|date=2007-02-21|work=The New York Times|access-date=2017-04-05|issn=0362-4331}} and the classifieds sites Gumtree and LoQUo, and most recently, Shutl.{{cite web|url=http://irishamerica.com/2011/12/john-donahoe/|title=John Donahoe {{!}} Irish America|website=irishamerica.com|date=22 December 2011 |language=en-US|access-date=2017-04-05}}{{cite web|url=https://techcrunch.com/2013/03/26/john-donahoe-to-take-the-disrupt-ny-stage/|title=John Donahoe, eBay President And CEO, To Take The Disrupt NY Stage|last1=Eldon|first1=Eric|last2=Tsotsis|first2=Alexia|website=TechCrunch|date=26 March 2013 |access-date=2017-04-05}} After Donahoe's departure from eBay in 2015, he was replaced by eBay Marketplaces president Devin Wenig.{{Cite news|url=https://www.forbes.com/sites/ryanmac/2014/12/18/ebay-reveals-23-million-golden-parachute-for-ceo-john-donahoe-in-paypal-split/#1ea8acf6674e|title=EBay Reveals $23 Million Golden Parachute For CEO John Donahoe In PayPal Split|last=Mac|first=Ryan|work=Forbes|access-date=2017-04-05}}

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.

Donahoe was on the Board of Trustees of Dartmouth College from 2003 to 2012. In October 2019, he was announced as the next CEO of Nike, and succeeded Mark Parker on January 13, 2020.{{cite news |last1=Turner |first1=Nick |title=Nike Taps EBay Veteran John Donahoe to Succeed Parker as CEO |url=https://www.bloomberg.com/news/articles/2019-10-22/nike-names-ebay-veteran-john-donahoe-to-succeed-parker-as-ceo |access-date=22 October 2019 |work=Bloomberg LP |date=22 October 2019}} 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 in the top 0.1% of the top 1% of all CEOs in the United States. {{Citation needed|date=September 2024}}

Donahoe was chairman of The Business Council.{{Cite web |last=Admin |first=Content |date=2024-06-20 |title=Leadership in Crises: Insights from Nike's CEO |url=https://northwest.education/insights/careers/leadership-during-crises-by-nikes-ceo-john-donahoe/ |access-date=2024-06-24 |website=Northwest Executive Education |language=en-US}}

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 was October 12, but continued as an advisor until January 2025.

Compensation

In 2023, Donahoe received total compensation from Nike of $32.8 million.{{Cite news |last=Sainato |first=Michael |date=2024-08-29 |title=CEOs with lowest-paid US workers ‘focused on own short-term windfall’ – report |url=https://www.theguardian.com/us-news/article/2024/aug/29/ceos-with-lowest-paid-us-workers-focused-on-own-short-term-windfall-report |url-status=live |archive-url=https://web.archive.org/web/20240830034008/https://www.theguardian.com/us-news/article/2024/aug/29/ceos-with-lowest-paid-us-workers-focused-on-own-short-term-windfall-report |archive-date=2024-08-30 |access-date=2024-08-31 |work=The Guardian |issn=0261-3077}}

Political donations

Donahoe has donated to Democrats and Republicans. He contributed to Republican Congressman David Dreier of California, as well as two Democratic Senate candidates, Kirsten Gillibrand of New York and Barbara Boxer of California.[http://www.newsmeat.com/ceo_political_donations/John_Donahoe.php NEWSMEAT ▷ John Donahoe's Federal Campaign Contribution Report] {{webarchive|url=https://web.archive.org/web/20120922180144/http://newsmeat.com/ceo_political_donations/John_Donahoe.php|date=2012-09-22}}. Newsmeat.com. Retrieved on 2013-08-24.{{Cite web |title=Donor Lookup |url=https://www.opensecrets.org/donor-lookup/results?name=John+donahoe&page=3 |website=OpenSecrets}}{{Cite web |title=Donor Lookup |url=https://www.opensecrets.org/search?q=John+Donahoe&type=donors |website=OpenSecrets}}

Personal life

He is married to Eileen Donahoe (née Chamberlain), former U.S. Ambassador to the United Nations Human Rights Council in Geneva, Switzerland."[http://thedartmouth.com/2009/11/13/news/donahoe/ Dartmouth News' announcement of Dr. Donahoe's appointment of U.S. Ambassador to UNHR] {{Webarchive|url=https://web.archive.org/web/20120403010824/http://thedartmouth.com/2009/11/13/news/donahoe/ |date=2012-04-03 }}", The Dartmouth, 13 November 2009. They have four children; three sons and a daughter, and live in Portola Valley, California.{{cite news|last=Donahoe|first=Eileen and John|title=We Leaned Into Our Marriage|url=http://leanin.org/news-inspiration/we-leaned-into-our-marriage/|newspaper=Lean In|date=15 July 2013}}{{cite news|last=Sellers|first=Patricia|title=EBay CEO Donahoe bares his own work-life struggles|url=http://postcards.blogs.fortune.cnn.com/2011/01/26/ebay-ceo-donahoe-bears-his-own-work-life-struggles/|newspaper=CNN Money|date=26 January 2011|url-status=dead|archive-url=https://web.archive.org/web/20140425105029/http://postcards.blogs.fortune.cnn.com/2011/01/26/ebay-ceo-donahoe-bears-his-own-work-life-struggles/|archive-date=25 April 2014}}

References

{{Reflist|30em}}