Former Nike CEO John Donahoe will take over as the athletic director at Stanford, where he earned his graduate degree. His first day on the job will be Sept. 8. Donahoe, 65, comes to the position with decades of management experience.

Stanford tapped veteran executive John Donahoe, former Nike CEO and longtime supporter, to succeed Bernard Muir as athletic director.

Former Nike CEO John Donahoe has been hired as Stanford's athletic director. He will officially start on September 8th, replacing Bernard Muir.