Sporting goods giant Nike named a new CEO on Tuesday to take over from Mark Parker, who will continue to lead the company's board of directors. John Donahoe will replace Parker as president and chief executive officer effective January 13, Nike said in a statement. Parker said Tuesday the change was part of Nike's efforts to accelerate the "digital transformation" of the company Parker said Tuesday the change was part of Nike's efforts to accelerate the "digital transformation" of the company's business. Parker, who has served as CEO for more than a decade, and as chairman, president and CEO since 2016, will become the board's executive chairman, working closely with Donahoe, Nike said. Donahoe currently is president and CEO of ServiceNow, a tech services firm, as well as a member of Nike's board, a position he will retain after the transition. Parker said the change is aimed at using technology to boost the company's output and efficiency and pointed to Donahoe's "expertise in digital commerce, technology, global strategy and leadership," which "make him ideally suited to accelerate our digital transformation."--- Support this podcast: https://anchor.fm/newscast-africa/support
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