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Nike Says Elliott Hill Will Replace John Donahoe

Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him

Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive Elliott Hill. Hill, who retired from Nike in 2020 while he was president of the company's consumer and marketplace division, will take on the lead role and become part of the company's board of directors on Oct. 14.

Dailymotion on MSN · 11h

Nike CEO John Donahue to Retire, Replaced by Veteran Elliot Hill, as Iconic Sneaker Brand Focuses...

Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take over. Nike is undergoing restructuring after shifting focus to direct-to-consumer sales.

moneycontrol.com · 19h

Elliot Hill set to become new Nike CEO, had waited for 6 months to become an intern in 1988

Elliot Hill first joined Nike as an intern in 1988 and steadily rose through the ranks, holding various leadership roles before retiring in 2020 as President of Consumer and Marketplace.

16h

Meet man who once ‘begged’ to be hired as intern at Nike, now set to become its CEO, his salary is….

Elliot Hill joined Nike as in intern in 1988 and the internship did not come easy as he literally begged to be hired to the ...

Marketplace9h

The rewards — and risks — when companies bring a CEO back

Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...

The Globe and Mail8h

Stocks Settle Mostly Lower on Chip Stock Weakness

Also, Nike closed up more than +6% after announcing that Elliot Hill will return to the company as CEO and president effective October 14. Dovish comments from Fed Governor Waller were supportive ...

Yahoo Finance15h

(IJ11V.NX)

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year.