| October 22nd, 2019 6:08 PM
Nike CEO Mark Parker to step down in January
NEW YORK (AP) — Nike said Tuesday that its longtime CEO Mark Parker is stepping down early next year.
He will be replaced by board member John Donahoe, who formerly ran e-commerce company eBay. Parker will become executive chairman of the board.
Nike's sales have been on the rise as the company focuses on selling more of its swoosh-branded sneakers online and on its apps.