Nike CEO John Donahoe is out, replaced by Elliott Hill
- Nike announced Elliott Hill will replace John Donahoe as president and CEO amid efforts to improve sales and competition.
- Elliott Hill, a former Nike senior executive for 32 years, returns after previously retiring in 2020.
- Hill's new role starts on October 14, with an annual base salary of $1.5 million.
68 Articles
68 Articles
John Donahoe Out as Nike CEO; Elliott Hill Returns to Succeed Him
John Donahoe's bumpy run as president and CEO of footwear and athletic apparel colossus Nike will reach its end on Oct. 13, with the company announcing Thursday that his retirement makes way for a familiar face. Elliott Hill, who retired from the post of president of consumer and marketplace in 2020, will succeed Donahoe on...
Nike CEO John Donahoe Steps Down Amid Struggles, Veteran Elliott Hill Returns to Lead
After a tenure marked by declining sales and strategic missteps, John Donahoe is stepping down as Nike’s CEO. The athletic giant announced that Donahoe will retire from his post on October 13, with longtime Nike executive Elliott Hill coming out of retirement to take over the top role. Hill, a 32-year veteran of the company, is expected to steer Nike back to its roots after a period of turbulence under Donahoe’s leadership. Donahoe’s departure c…
Nike CEO John Donahoe Steps Down, Elliott Hill to Take Over
Elliott Hill (pictured above) will become the President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024. (Photo source: Nike) Nike is set for a leadership change. John Donahoe, who has led the company since 2020, will retire on October 13, 2024. Elliott Hill, a longtime Nike executive, will replace him as CEO on October 14. Donahoe’s time at Nike saw big challenges. He guided the company through the COVID-19 pandemic and he…
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