Company veteran Elliot Hill will replace him
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.
Nike CEO John Donahue to Retire, Replaced by Veteran Elliot Hill, as Iconic Sneaker Brand Focuses on Reviving Innovation
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.
Nike CEO John Donahoe Steps Down After 5 Years As Former Company Veteran Elliott Hill Returns
It looks like a series of missteps have resulted in Nike CEO John Donahoe stepping down from the nation's largest sportswear company, NIKE Inc. The company made the head-turning announcement Thursday,
Nike names company veteran Elliott Hill as new CEO, replacing John Donahoe
Nike on Thursday named a company veteran, Elliott Hill, to be its next CEO, an announcement that immediately boosted the company’s flagging stock price and elicited cheers from insiders. Hill, 60, will succeed embattled CEO John Donahoe on Oct.
Nike appoints Elliot Hill as new CEO and president replacing John Donahoe
Nike names Elliot Hill as the new CEO and president. The company announced on Thursday that CEO John Donahoe will step down after leading the company for over five years.
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.
Why Nike's New CEO Elliott Hill Faces a Challenging Turnaround After John Donahoe's Innovation Deficit
Elliott Hill is coming off the bench - and is going to have to bring his A-game next month when he takes the lead as president and chief executive officer of Nike Inc. There was little surprise when the sports giant revealed late Thursday that "the board and John Donahoe have decided he will retire from his role" as president and CEO as of Oct.
Nike CEO John Donahoe retires with former intern Elliot Hill appointed successor, plus more
Hill, who left in 2020 after 30 years at the sportswear giant, returns to Nike to succeed Donahoe, who will remain an advisor until the end of January.
Who is Incoming Nike President and CEO Elliott Hill?
Nike has only had four chief executive offers. Elliott Hill will soon become the athletic giant's fifth. Hill, a company veteran of 32 years, was announced Thursday as the successor of John Donahoe, who has retired from his role as Nike Inc.
Nike C.E.O. John Donahoe Abruptly Retires Amid Declining Sales
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
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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 ...
Nike Investors Glad Donahoe Is Out, but Hill Has Long Road Ahead
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.