Nike (NKE) Announces John Donahoe Will Succeed Mark Parker as President & CEO in 2020; Parker to Become Executive Chairman

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Go back to Nike (NKE) Announces John Donahoe Will Succeed Mark Parker as President & CEO in 2020; Parker to Become Executive Chairman

Needham & Company Reiterates Buy Rating on Nike (NKE) Following CEO Succession Announcement

October 23, 2019 7:46 AM EDT

Needham & Company analyst Rick Patel reiterated a Buy rating and $98.00 price target on Nike (NYSE: NKE) following the company's announcement that John Donahoe will succeed Mark Parker, 64, as President & CEO, effective Jan. 13th, 2020. Mr. Donahoe has been on Nike's board since 2014, and is currently... More