Nike Paid $104 Million to CEO Donahoe Before He Was Ousted
- Figure includes salary, bonuses, shares over nearly five years
- Athletic brand replaced Donahoe with veteran Elliott Hill
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Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, before replacing the former Bain & Co. executive in a bid to revive the brand.
During that time, Nike lost nearly $40 billion in market value.