$2M off the purchase price back in 2019!
https://www.oregonlive.com/business/2024/10/former-nike-ceo-john-donahoe-readies-pearl-district-penthouse-for-sale.html?outputType=amp
6 replies (most recent on top)
Nike is for sure paying for this. The $2M loss on sale will have to be recouped with other cost savings I’m sure
Given the references to a Nike rug and Jordan painted on the wall (trying to fit in - lame), Nike could have paid for this.
He probably expensed it anyway.
This man was CEO of a consultancy. He couldn’t figure out his own finances enough to not lose 30% on a house. Incredible.
Hahahaha
Does everything JD touch loses value? Asking as a Nike shareholder