Nike's CEO Mark Parker, who joined the company in 1979 and climbed his way up the ranks, will step ... [+] down. The top job will go to ServiceNow CEO John Donahoe. WireImageNike’s CEO Mark Parker is stepping down after more than a decade running the world’s largest sportswear company, according to a statement on Tuesday. Parker joined the company in 1979, worked his way up the ranks and was named CEO in 2006. He has served as a Nike board member since 2014 and also remains chairman of the board at PayPal.

Source: Forbes October 22, 2019 20:48 UTC