Nike announced last week that eBay CEO John Donahoe has joined their board of directors. As well as sitting on eBay’s board he already sits on the board at Intel.
Philip H. Knight, Nike co-founder and chairman said “John’s executive management experience in digital commerce, technology, strategic planning, and marketing for a global brand makes him an excellent addition to our board. We look forward to his contributions to expand Nike’s position as the world’s leading athletic brand and industry innovator.”
Translating that means they want to leverage some of John Donahoe’s experience of running strategic planning and marketing for a global brand with the bonus of histechnology and e-commerce expertise.
One might think with the recent hacking incident, the loss of David Marcus at PayPal and need to find a replacement, John Donahoe’s focus should be on eBay Inc at the moment. The reality is that it makes sense to mix with your peers and gain experience at multiple companies, not just for long term career development but a day here and there at Nike is a break from eBay and doubtless just as John’s eBay experience will assist Nike, there will be some experiences gained at Nike which could positively influence his decisions at eBay.