![Phil Knight, the co-founder and chairman of Nike, Inc., walks to the morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, Thursday, July 11, 2013. (AP Photo/Rick Phil Knight, the co-founder and chairman of Nike, Inc., walks to the morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, Thursday, July 11, 2013. (AP Photo/Rick](https://c8.alamy.com/comp/2N75W5P/phil-knight-the-co-founder-and-chairman-of-nike-inc-walks-to-the-morning-session-at-the-allen-company-sun-valley-conference-in-sun-valley-idaho-thursday-july-11-2013-ap-photorick-bowmer-2N75W5P.jpg)
Phil Knight, the co-founder and chairman of Nike, Inc., walks to the morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, Thursday, July 11, 2013. (AP Photo/Rick
![John Donahoe, President and Chief Executive Officer, Nike, Inc., President and Chief Executive Officer, Nike, Inc. | Business Roundtable John Donahoe, President and Chief Executive Officer, Nike, Inc., President and Chief Executive Officer, Nike, Inc. | Business Roundtable](https://s3.amazonaws.com/brt.org/Donahoe-Nike-3.jpg)
John Donahoe, President and Chief Executive Officer, Nike, Inc., President and Chief Executive Officer, Nike, Inc. | Business Roundtable
![NIKE, Inc. announces Board Member John Donahoe will succeed Mark Parker as President & CEO in 2020, Parker to become Executive Chairman - NIKE, Inc. NIKE, Inc. announces Board Member John Donahoe will succeed Mark Parker as President & CEO in 2020, Parker to become Executive Chairman - NIKE, Inc.](https://media.about.nike.com/images/b7d9b3fd-12d8-4239-a27a-34f182baabbe/mark-parker-and-john-donahoe-final-october-2019-91108.jpg?fm=jpg&q=80&fit=crop&w=900&h=470&crop=1517%2C1011%2C63%2C0)